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Blog

The Mactan Newtown - Cebu City

8/16/2014

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Picture
Photo Credit: www.megaworldcorp.com
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.
That being said, it is no surprise that The Mactan Newtown is already expected to become Cebu’s next IT-business hub in the next three to five years. The development, which has allocated 150,000 square meters for BPO offices, is already home to companies such as Results Manila and EnfraUSA, which specializes as BPO locators. These BPO offices are spread out among the development’s many BPO office buildings, such as the recently completed One World Center, a five-story building with over 6,000 square meters of office space, and the newly launched Two World Center, which in turn will contain over 7,000 square meters of office space. Aside from the aforementioned World Center buildings, The Mactan Newtown also boasts 8 Newtown Boulevard. Pacific Garden Tower, and Pacific World Tower as developments primed for occupancy by BPO companies. These buildings comprise the development’s aptly-named cyber park.

It goes without saying that the development of The Mactan Newtown will also integrate into its plan Megaworld’s well-known concept of “live-work-play-learn,” and has launched various projects in order to ensure this. Recently, Megaworld launched a new condominium cluster in the community called One Manchester Place, whose three towers will give residents a breathtaking view of the historic Mactan Shrine, Magellan Bay, and the Hilutungan Channel, as well as various leisure amenities from a swimming pool with a sunbathing deck to a function room, among others. A new learning center is also in the works in a joint venture with the Lasallian Schools Supervision Office (LASSO). The Newtown School of Excellence will be built over 7,000 square meters with state-of-the-art facilities such as laboratories, audio-visual rooms, open and covered courts and green spaces. It is expected to open classes for the primary level in school year 2016-2017. In time, The Mactan Newtown is expected to see the rise of a world-class lifestyle mall as well as a luxury hotel.

Mactan, known for its beaches, also poses as a hot tourist destination, and The Mactan Newton’s location puts it between luxury resorts, such as Shangri-La Mactan and Portofino, and the Marcelo Fernan Bridge, which links Mactan to the larger island of Cebu, home to even  more sights, sounds, and commercial districts.


Picture
Photo Credit: themactannewtown.com.ph
Fast Facts:
  • 28.8 hectares
  • The company’s first township development outside Metro Manila
  • Granted “ecozone” status by PEZA
Live
The Mactan Newtown, dubbed as the next central business district in Central Visayas, has 10 luxury residential towers in the pipeline inside the vibrant township: the four-tower 8 Newtown Boulevard, the three-tower One Pacific Residences, and three-tower One Manchester Place.

Work
The Mactan Newtown is also envisioned to become Cebu’s next IT-BPO hub in the region, allocating 15,000 square meters for office and BPO locators. The first tower to be completed is One World Center, which is now leased  to US-based EnfraUSA and Results Manila. The second office tower, Two World Center, was launched to add 7,000 square meters to the office space inventory of the township.

Play
The township also poses as tourist destination by having its own comercial district composed of a lifestyle mall, open parks, and other retail and commercial establishments.

Learn
By 2016, Megaworls is also opening the Newton School fo Excellence, a state-of-the-art educational institution that will be supervised by the Lasallian Schools Office (LASSO).

Other Townships:
  • McKinley Hill
  • McKinley West
  • Forbes Town Center
  • Uptown Bonifacio
  • Newport Pasay City
  • Eastwood City
  • Ilo-ilo Business Park
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