The City of San Fernando Pampanga will soon witness the rise of a new landmark. Megaworld will invest Php 30B of its funds in its Capital Town project, which will be built on the heritage-rich site of the former Pasudeco Sugar Mill.
McKinley West is another first-of-its-kind township of Megaworld that will soon introduce the cosmopolitan vibe of Europe. Located in the former Jusmag property behind Forbes Park, McKinley West is expected to develop the 34.5 hectares of land within the Bonifacio Global City. Around P22 billion has been allotted for the next 20 years to create mostly residential projects, while a good portion of the township will be used for leisure amenities, access roads, and wide open spaces with lush greenery. Expect a world-class lifestyle within the township as it will have sustainability features such as rain water collection, green buildings and tree-lined streets.
Ilo-ilo Business Park is the first township of the leading property developer, Megaworld Corporation. Iloilo, being the business and commercial center of the Western Visayas region, was eyed as an ideal location for a New Megaworld development. Hence, like The Mactan Newton in Central Visayas, Iloilo Business Park signals Megaworld’s expansion into the country’s southern provinces. The 72-hectare development project is expected to see the rise of first-class hotels, a commercial area, a modern lifestyle mall, BPO office buildings, and a large convention center meant to accommodate more than 3,000 people. In fact, the P700-million Iloilo Convention Center, expected to open in 2015, is a joint venture between Meagaworld and the local government, and is meant to occupy almost two hectares of the whole property in order to provide a venue of conventions, trade fairs, and even performances by local and international artists.
Newport City launched in 2005, enjoys the privilege of becoming a world-class tourist destination, the first-of-its-kind in the country. Newport City is situated across Terminal 3 of the Ninoy Aquino International Airport, the township has become the “go-to” spot for companies whose work requires proximity to the airport. In the vein of Megaworld’s “live-work-play-learn-shop” lifestyle concept, Newsport City manages to integrate large work facilities with luxurious recreational centers and high-class residential complexes.
The Mactan Newtown is the first major township development project outside Metro Manila, The Mactan Newtown marks Megaworlds’ expansion in the direction of provincial real estate development, making the company not only a game-changer in the nation’s capital, but also in the country’s lush, developing provinces. The 25-hectare mega-community was recently declared a special economic zone by PEZA, one of three Megaworld communities to be declared as such by the government and notably the first of the two Megaworld developments outside Metro Manila to be given special economic zone status. Its closeness to the Mactan-Cebu International Airport, known to be the second largest international airport in the country, has made it a prime destination for businessmen, BPO executives, and frequent travellers, something not unfamiliar to Megaworld, having previously developed the largely successful Newport City across Terminal 3 of the Ninoy Aquino International Airport.
Forbes Town Center is P15-billion, five-hectare township development of Megaworld Corporation has emerged as one of the important residential landmarks in the Bonifacio Global City. Forbes Town Center boasts of 12 residential towers housing more than 3,500 units.
Megaworld’s Uptown Bonifacio is the latest township project that is expected to rise at the northern part of Bonifacio Global City, under a joint venture agreement with the Bases Conversion and Development Authority. The Uptown Bonifacio is expected to span 15.4 hectares of land patterned after the best cosmopolitan cities such as Paris, London, Milan, New York, and Tokyo.
Whereas Eastwood’s landmark is being the first Megaworld community to integrate the “live-work-play” lifestyle township concept into its planning, McKinley Hill’s key feature is that it is one of the largest and most important development projects in Metro Manila, built over 50 hectares of property. It is designed to abide perfectly with the “live-work-play” concept, integrating as well the aspects of “learn” and “shop” containing not only residential and office amenities but learning institutions and commercial attractions so that the rest of Metro Manila can reap the benefits of this major Megaworld community.
Since its inception in 1997, Eastwood City has been Megaworld’s original game-changer, leaving an indelible mark in the real estate industry. It has proved its initial critics wrong with its success and continued expansion. From a former textile mill plant, Megawold’s Eastwood City in Quezon City is now a sprawling mega-township that spans 17 hectares and houses 19 luxury condominium towers, 10 first-class corporate buildings, seven ongoing residential projects, a modern IT park, and multi-awarded lifestyle malls to boot. The community is now home to over 25,000 residents and plays host to over a hundred office partners and business process outsourcing (BPO) companies.