Megaworld, a residential condominium and office developer-landlord in the Philippines, is developing McKinley West, a township on an 85.2-acre former JUSMAG (Joint US Military Assistance Group) property in Fort Bonifacio, adjacent to Forbes Park and Manila Polo Club in Manila, the Philippines.
The company is spending $1 billion over the next 10 years to build the township. As well as including a residential village, McKinley West will host a series of luxury residential estates, designed by global architecture, urbanism and design practice Broadway Malyan.
Some of the properties will boast their own swimming pools, security features and luxury amenities. Two to four bedroom suites will cover up to 3,764 square feet, with penthouse suites featuring two-level floor-to-ceiling windows and private infinity swimming pools. McKinley West will also include a business park with office towers, as well as commercial and retail buildings.
Megaworld pioneered the “live-work-play-learn” lifestyle concept for mixed-use communities in the Philippines, which are commonly known as “townships.” In addition to McKinley West, the company has nine other townships across the country covering around 741 acres.
Over the past 25 years, Megaworld completed more than 320 residential and office buildings. It currently has 185 residential, office and hotel buildings under development.
Earlier this year, Broadway Malyan’s P1 billion “Century City Mall” opened to the public, making it the newest retail development in the City of Makati for nearly a decade.
It is also the designer of Trump Tower Manila, which is set to be the tallest residential skyscraper in the Philippines when completed in 2016; as well as the Milano Residences, an upmarket residential project including a 53-story tower which will be completed in 2015.
PHOTO FROM BROADWAY MALYAN