Megaworld, the country’s first and largest developer of integrated urban townships, is developing a 35.6-hectare prime property beside the provincial capital of the City of San Fernando, Pampanga, and has allocated P30 billion to develop the property over the next 10 years.
Jericho Go, Senior Vice President of Megaworld, said: “As part of our aggressive township expansion across the country we are happy to announce our entry into Pampanga. This is the perfect time and opportunity to be present in this progressive province, where else but right at the heart of the provincial capital which is a prime location for an urban township development.”
The development is approximately 70 kilometers from Manila and accessible via the North Luzon Expressway (San Fernando Exit) and the Jose Abad Santos Avenue, also known as the Olongapo-Gapan Road. It is also around 20 kilometers from Clark International Airport.
While the project masterplan is still being developed, Megaworld is planning to replicate its pioneering Live-Work-Play concept of a township to this development.
“Just like our other townships we will integrate residential, office, commercial, retail and institutional components in this development. As we see a potential pool of skilled talents for the BPO sector in the province, we are certain to build a cyberpark, bring in our partner locators to the township and generate thousands of jobs for the people of Pampanga,” explained Go.
“This new township is also envisioned to expand and revitalize the Pampanga’s provincial capital district.”
This project will be Megaworld’s 19th township development and the fourth to be launched this year. Earlier this year the company launched two townships in Negros Occidental, namely Northill Gateway (50 hectares) and The Upper East (34 hectares); and another township in Sta. Barbara, Iloilo called Santa Barbara Heights (170 hectares).
The new townships will add close to 400 hectares, bringing the total township land area of the Megaworld Group to around 3,100 hectares by the end of the year.
Existing townships include Eastwood City in Quezon City, (18.5 hectares), which holds the distinction of being the country’s first cyberpark; Newport City in Pasay City (25 hectares), which is the home of Resorts World Manila; McKinley Hill (50 hectares), McKinley West (34.5 hectares), Uptown Bonifacio (15.4 hectares) and Forbes Town Center (5 hectares), all in Fort Bonifacio; The Mactan Newtown in Cebu (28.8 hectares); Iloilo Business Park in Mandurriao, Iloilo City (72 hectares); ArcoVia City in Pasig City (12.3 hectares); Davao Park District in Lanang, Davao City (11 hectares); Boracay Newcoast in Boracay Island (150 hectares), Southwoods City in the boundaries of Cavite and Laguna (561 hectares); Alabang West in Las Pinas City (62 hectares); and Twin Lakes in Tagaytay (1,300 hectares) of Global-Estate Resorts, Inc. (GERI), a subsidiary of Megaworld; and Suntrust Ecotown in Tanza, Cavite (350 hectares) of Suntrust Properties, Inc., a wholly-owned subsidiary of Megaworld.
The Megaworld Group has around 4,000 hectares of land in its portfolio, and around 80 percent has been dedicated for Live-Work-Play townships or mixed-use communities, the concept of property development that Megaworld has pioneered in the Philippines since the 1990s. The townships combine the residential, office, commercial and retail components to form mixed-use communities.
