Megaworld to build P6 billion commercial district in Northwin Global City

By November 26, 2021Property News

The Philippine Star
November 22, 2021 | 12:00am

 

MANILA, Philippines — Megaworld Corp., the Andrew Tan-led property company, is developing a P6 billion commercial district in its 85-hectare Northwin Global City in Marilao and Bocaue in Bulacan.

Its 28th township, the Northwin Main Street, will be patterned after New York City’s Fifth Avenue and will have corporate buildings, shophouses, hotels, and commercial towers.

For this commercial strip, Megaworld will offer 145 prime shophouses and commercial lots lined up in pedestrian-friendly streets surrounded with well-curated gardens and parks.

Shophouse lot sizes will range from 250 to 550 square meters while commercial lot sizes range from 450 to 750 sqm.

The company is setting aside 16 hectares of land for this commercial district, which is targeted for turnover in 2026.

Noli Hernandez, executive vice president for sales and marketing of Megaworld, said this would be the nearest business district outside of the capital.

“Since the township is just conveniently located along the North Luzon Expressway (NLEX) and just 20 kilometers away from Metro Manila, this will be the nearest business district outside of the capital where companies and businesses can build their shops and offices,” Hernandez said.

He urged entrepreneurs to become part of the global business district, which will soon be just 20 minutes away from the much-anticipated New Manila International Airport in Bulacan.

Shophouses, inspired by French architecture, may be built up to three storeys high for retail, food and beverage outlets such as cafes, restaurants and bars, and boutique hotels.

The topmost floor of shophouses may be used for residential or office purposes.

Commercial buildings, on the other hand, may be up to five-story high to be used for office or boutique hotels.

Adding to the accessibility of the township is the Manila-Clark Railway project. One of the stations will be located inside the township, offering convenient accessibility to future workers and residents of Northwin Global City.

Positioned as Bulacan’s global business district, the P98-billion township will also host residential condominiums, hotels, malls, mixed-use commercial buildings, educational institutions, and state-of-the-art office towers for BPOs and corporate headquarters.

The township will also include green features as well as sustainable facilities.

 

Source: https://www.philstar.com/business/2021/11/22/2142891/megaworld-build-p6-billion-commercial-district-northwin-global-city?