National Development Company Property (Manila)

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Formerly the Pandacan Oil Depot. Property owned by the National Development Company.

The continued operation of the oil depot in a densely populated major city was a subject of various concerns, including environmental and health impact to the residents of Manila.

In 2001, the Manila City Council passed Ordinance No. 8027 that changed the classification of Pandacan from an industrial to a commercial area. It gave the oil depot six months to cease operating in the area.

In 2006, Ordinance No. 8119 ordered the phasing out of hazardous industries in the city, including the depot. In 2009, Ordinance 8027 was upheld by the Supreme Court of the Philippines; while the City Council passed Ordinance No. 8187 to negate the first ordinance. This time, Pandacan was re-classified as a heavy industrial zone, allowing the depot to operate. The ordinance was later ruled by the Supreme Court as invalid.

In January 2017, Petron announced that it plans to establish a public market in a property within the site of the former oil depot.

It started dismantling in 2015 and was completely dismantled by 2018.

Later on, news plans were put up to create a food or a transport terminal within the depot.

In 2019, San Miguel Corporation announced its plans to make the former oil depot into the Pandacan Sparc Green City, a mixed-use district.