Megaworld Corporation and Travellers International Hotel Group Inc.—two upscale property developers under business tycoon Andrew Tan’s conglomerate—are in for another tie-up to build a leisure and entertainment township project worth P65 billion in the booming Entertainment City.
To be called Westside City, the project will sit on a 31-hectare land near Manila Bay in Paranaque City, and will house the second Resorts World Complex in the Philippines, the developers announced Monday.
Part of the developers’ vision for Westside City is to become the “Broadway of Asia,” as the township highlights facilities for the performing arts.
It will be home to the Philippines’ first Grand Opera House that has a total capacity of 3,000.
“We are very excited to see Westside City rising to be a showcase of Manila as a truly world-class Philippine capital,” says Tan, chairman and CEO of Alliance Global Group, Inc., the mother company of Megaworld and Travellers International.
Megaworld chairman and CEO Andrew L. Tan is known to be a staunch supporter of the Filipino performing arts.
Megaworld’s other development, the Newport Performing Arts Theatre in its township Newport City in Pasay City, is seen paving the way for the rise of original Filipino stage plays in the country’s capital region.
The upcoming Westside City will also feature upscale residential condominiums and a luxury mall.
Aside from that, it will house around 1,500 hotel rooms by international hotel brands, such as The Westin Hotel of the Starwood Asia Pacific Hotels & Resorts Group, Hotel Okura Manila of the Okura Hotels & Resorts, the Genting Grand and Crockfords Tower of the Genting Group, and Kingsford Hotel.
The new township’s completion is around the last quarter of 2020.
Westside City is Megaworld’s 20th integrated urban township and is the company’s second leisure and entertainment township next to Newport City.
Just last month, the company announced that Megaworld is developing a 35.6-hectare township in San Fernando, Pampanga worth P30-billion.
Other existing townships developed by Megaworld include Eastwood City, McKinley Hill, McKinley West, Uptown Bonifacio, Forbes Town Center, Mactan Newtown, Iloilo Business Park and ArcoVia City.