Global-Estate to develop P10-B Southwoods City
Global-Estate Resorts, Inc. (GERI), the country’s leading tourism estate company under Andrew L. Tan’s Alliance Global Group, Inc. (AGI), is developing a 561-hectare property in the boundary of Carmona, Cavite and Binan, Laguna into a fully-integrated master-planned township development.
Dubbed as Southwoods City, the development is positioned to be the next residential, business, commercial and leisure hub that is closest and most accessible to Metro Manila.
Property giant Megaworld, which is also under AGI, is lending its expertise in the design, conceptualization, and masterplanning of Southwoods City. The company will also be managing the office towers and commercial components of the township.
“We are very excited that Megaworld is lending its expertise in the design, conceptualization, and masterplanning of Southwoods City. We are allocating P10 billion in the next 10 years to build this new township,” said Rachelle Peñaflorida, vice president for sales and marketing, Megaworld Global-Estate, Inc.
“We look forward to a vibrant mixed-use community that incorporates the live, work, play, and learn lifestyle concept in this multi-billion peso development,” said Jericho Go, first vice president, Megaworld.
Southwoods City will be Global-Estate’s largest fully integrated township to rise in southern Metro Manila, adjoining the provinces of Cavite and Laguna. Easily accessible through the South Luzon Expressway, Southwoods City is 20 minutes away from Makati CBD.
As a mixed-use development, Southwoods City will add the “golf” component to the LIVE-WORK-PLAY-LEARN lifestyle concept as the 125-hectare Jack Nicklaus-designed Manila Southwoods Golf and Country Club is located right at the heart of the township.
Southwoods City will also feature a central business district, commercial and retail stores, malls, schools, church, a cyberpark, a medical facility, open parks, leisure facilities, a weekend market, and its own transport hub.
Soon to rise in the township’s cyberpark are state-of-the-art environment-friendly office towers that will support the growing demand of office spaces especially in the business process outsourcing (BPO) sector.
Within Southwoods City, the company is introducing Pahara, a 26-hectare sprawling residential village, which consists of 602 available lots ranging from 239 square meters to 523 square meters on hilly terrains with spectacular views of the golf course and the Laguna de Bay.
This residential village will feature Mediterranean-inspired architectural theme with its own exclusive amenities such as a clubhouse, swimming pool, function halls, children’s playground, an outdoor circuit gym, jogging paths, landscaped parks, as well as green open spaces.
Global-Estate Resorts, Inc. is the leading tourism estate developer in the country that has landmark tourism projects such as the 150-hectare Boracay Newcoast in Boracay Island; the 1,149-hectare rolling terrains of Twin Lakes in Tagaytay; and the 170-hectare Sta. Barbara Heights in Sta. Barbara, Iloilo.
Megaworld, on the other hand, is the Philippines’ top residential condominium developer and pioneer of townships in the country which include Eastwood City in Quezon City, which is the country’s first cyberpark; Newport City in Pasay City; McKinley Hill, Uptown Bonifacio and Forbes Town Center in Bonifacio Global City; The Mactan Newtown in Lapu-Lapu City, Cebu; and the Iloilo Business Park in Iloilo City. The company is also the no. 1 office landlord and developer in the Philippines today with around 712,000 square meters of office space inventory this year./PN