22/08/2024
Eastwood City is the Sponsor’s first township development that showcases the signature “live-work-play-learn” concept. It is also the country’s first “cyberpark,” after being the pioneer recipient of the Special Economic Zone for Information Technology status from the Philippine Economic Zone Authority (PEZA) in the late ‘90s, which gave birth to the Philippine BPO industry.
Spanning 18.5 hectares of property in Libis, Quezon City, Eastwood City is now home to 24 residential condominium towers, 10 corporate office buildings, a lifestyle mall, educational institutions, medical clinics, fitness centers, al fresco retail parks, open leisure parks, a church, as well as its own designated police station and a fire station.
Its strategic location along Circumferential Road No. 5, popularly known as C-5, which is one of the Metro Manila’s expansive avenues that connects the South Luzon Expressway to the various central business districts (CBDs), and the northern part of Metro Manila, makes it an ideal location for business.
It is also within the residential radius of three (3) major cities: Quezon City, Pasig City, and Marikina City, and also in close proximity to the eastern province of Rizal where there is also a big concentration of residential communities.
Just a few minutes away towards the north are some of the country’s major colleges and universities, such as the University of the Philippines-Diliman, Ateneo de Manila University, and Miriam College.
Thus, the area becomes very strategic to businesses to have convenient access to abundant labor force, and to enjoy the perks of being close to major CBDs such as Ortigas Center and Bonifacio Global City without the burden of very high rental rates.
Home to 85,000 workers and 30,000 residents
The planning of Eastwood City adopts an integrated approach to urban planning, with an emphasis on the development of the Eastwood City Cyberpark to provide offices with infrastructure such as high-speed telecommunications and 24-hour power supply that support BPO and other technology-driven businesses.
At present, the township is home to around 85,000 workers and 30,000 residents. Its Eastwood Mall is one of Quezon City’s major shopping and dining destinations which was awarded twice as “Best Shopping Center of the Year” in 2010 and 2012 by the Philippine Retailers Association.
