Megaworld builds ‘ultra high- end’

Mckinley West beside Forbes Park

Real estate giant to spend P45-billion to create an upscale community inspired by modern luxury Europe

Catering to Metro Manila’s upscale market, property giant Megaworld is developing Mckinley West, an “ultra-high-end”  township on a  34.5 -hectare former JUSMAG property  in Fort Bonifacio which is directly beside Forbes Park and Manila Polo Club.

The company is spending P45-billion in the next 10 years to build Mckinley West which  gained popularity among manila ‘s elite  following its record sell out of 285 lots in its exclusive, upscale Mckinley West Village in less than a month in 2010. The village borders part of South Forbes Park and Manila Polo Club.

Since then, prices of the village lots have appreciated to as much as 110 percent due to  its strategic location.

“It has been four years since we sold out Mckinley West Village, yet up to now, we are still receiving inquiries,” reveals Noli D. Hernandez, a senior Vice President, Megaworld.

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The pool at McKinley West Village’s Clubhouse

Aside from the residential village, Mckinley West will have rows of luxury residential estates with some properties having their own  swimming pools, state-of-the-art security features and first-of-its-kind luxury amenities. Megaworld is commissioning UK-based global architectural firm Broadway Malyan to design these luxury estates which will be launched very soon.

It will also have their own business park offering modern office towers as well as commercials and retail buildings. Construction of the business park will start next year.

Mckinley West master plan highlights a luxurious blend of a modern district and posh residential enclaves. We will live upo to the lifestyle that the neighboring Forbes Park also offers,” Hernandez explains.

With the development of Mckinley West, Lawton Avenue, the main road fronting the township, will be expanded to six to eight lanes, through the efforts of the  Bases  Conversion  Development Authority(BCDA). The township will also have direct access  to mckinley Hill, another Megaworld  development.

“With the expansion of Lawton Avenue, we look forward to a more convenient access to Bonifacio  Global City, South Luzon Expressway, C5 Road, the Ninoy Aquino International Airport and Mckinley Road towards Makati CBD. Mckinley West’s unparalleled location and accessibility to Metro Manila’s  major CBD’s make it the most ideal  mixed-use community today,” adds Hernandez.

Megaworld has pioneered the “LIVE-WORK-PLAY-LEARN” lifestyle concept for mixed-use  communities in the Philippines, which  are popularly known as “townships”.

Apart from Mckinley West, the company has nine other townships all throughout the country covering around 300 hectares of land. This includes the 18.5-hectare Eastwood City, which is considered to be the country’s first cyberpark; the 50-hectare Mckinley Hill in Fort Bonifacio; the 25-hectare Newport City in Pasay City; the 5-hectare Forbes Town Center in Bonifacio Global City, the 28.8-hectare the  Mactan  Newtown in Lapu-Lapu, Cebu; the  15.4-hectare Uptown Bonifacio  in Bonifacio  Global City; and the 72-hectare Ilo Ilo Business Park in IloIlo City.

Over the past 25 years, the Megaworld  Group has emerged as the country’s No.1  real estate organization. It has  more than 320  residential and office buildings with a total  area of around 5.6 million  square meters. Currently, about 185 residential, office and hotel buildings with a total area of around 5.4 million square meters are under  development.