Pile driving works for the 10-storey Tune Hotel along CM Recto Avenue have been completed based on the company website as well as onsite status.
Another info is that the opening date for the hotel has been set on October 12, 2012 as shown below stated in the company website.
Based on the rendering, it really looks like an 11-storey building because of the mezzanine floor.
There is currently a big drainage construction along CM Recto directly fronting the site. Hopefully, they will finish construction in seven (7) months in time for the opening date. So far, Tune Hotel Cebu opened on their target date and Ermita, Manila branch is also well on target.