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Mactan Newtown, is a 30-hectare (74-acre) mixed-use, master-planned central business district located in Lapu-Lapu City, Cebu, Philippines.[1] It is the first integrated township development built by Megaworld Corporation outside of Metro Manila,[2] and caters facilities and establishments such as condominiums, hotels, business process outsourcing office towers, a lifestyle mall, a school, a convention center, and a beachfront.[3][4]
The Mactan Newtown | |
|---|---|
| Country | Philippines |
| Region | Central Visayas |
| Province | Cebu |
| City | Lapu-Lapu City |
| Area | |
| • Total | 0.3 km2 (0.1 sq mi) |
In 2014, Megaworld increased its investment on the township development from ₱20 billion, to ₱30 billion after forming a joint venture (JV) with Landmark Inc. for the development of an 11.5-hectare beachfront property, which expanded the Mactan Newtown development from 16.8 hectares to 28.8 hectares.[5][6]
Commercial
editMactan Newtown Beach Walk
editThe Mactan Newtown will include commercial establishments, such as the Mactan Newtown Beach Walk. The two-level lifestyle mall will be situated on a beachside cliff and will highlight a 1.4-hectare man-made lagoon, a 3-story boutique hotel, garden chapel, beach walk, and rows of retail shops and restaurants including four cinemas. Megaworld was projected to spend ₱1.5 billion to construct the Mactan Newtown Beach Walk, which was expected to be completed by 2021.[7]
Residential
editThe Mactan Newtown caters multiple residential developments. Such as the 8 Newton Boulevard, which includes four 18-stories high towers,[8] One Pacific Residence, La Victoria Global Residences, a 20-story condominium building that will include 181 units,[9] and The Pearl Global Residences, a 20-story condominium that will add 222 units from the Mactan Newtown's 1,836 existing residential units from its inventory.[10]
References
edit- ^ Dagooc, Ehda. "The Mactan Newtown now open for business". Philstar.com. Retrieved 2024-08-17.
- ^ Remo, Amy R. (2017-02-18). "The Mactan newtown: An enabler of growth". INQUIRER.net. Retrieved 2024-08-17.
- ^ Flores, Helen. "World-class convention center to rise in Cebu". Philstar.com. Retrieved 2024-08-17.
- ^ Cacho-Laurejas, Katlene O. (2024-05-06). "More tourism facilities in Mactan Newtown's Phase 2 development". SunStar Publishing Inc. Retrieved 2024-08-17.
- ^ "Megaworld hikes investment in Cebu township to P30B". RAPPLER. 2014-04-07. Retrieved 2024-08-17.
- ^ Sunnexdesk (2014-01-15). "Megaworld to develop Portofino". SunStar Publishing Inc. Retrieved 2024-08-17.
- ^ Mancelita, Ram (2020-08-12). "P1.5-B beach mall in Mactan to complete in 2021". Sugbo.ph. Retrieved 2024-08-17.
- ^ Limpag, Marlen (2016-02-04). "8 Newtown Boulevard offers majestic view, top-of-the-line amenities". MyCebu.ph: Re/Discover Cebu. Retrieved 2024-08-17.
- ^ Limpag, Max (2018-10-23). "Megaworld to build Spanish-inspired residential tower in The Mactan Newtown". MyCebu.ph: Re/Discover Cebu. Retrieved 2024-08-17.
- ^ Sunnexdesk (2020-01-14). "New condo tower to rise in Mactan Newtown; completion in 2025". SunStar Publishing Inc. Retrieved 2024-08-17.