Megaworld to build P20-billion ‘Old Manila’ community - BusinessWorld Online

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Megaworld to build P20-billion ‘Old Manila’ community - BusinessWorld Online
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PROPERTY developer Megaworld Corp. plans to invest P20 billion to build an integrated lifestyle community in Manila that will also have a condominium tower from which it expects about P3 billion in sales.

The Winford Resort development will sit in a three-hectare lot near Chinatown within the San Lazaro Tourism and Business Park. It will feature residential condominiums, hotels, commercial establishments, and a casino complex inspired by the pre-war era structural designs.

Winford Resort’s major feature called “Promenade” is envisioned to become a tourist destination. Its walkways will be made of cobblestones, which were used during the Hispanic era. “Our new development is in a strategic location within the City of Manila. It is not only close to schools, but also to hospitals and public transport, such as the Light Rail Transit,” Mr. Sy said.

One Crown Suites will offer 389 units equipped with wireless smart home systems. Unit sizes will range from a 30.5-square-meter studio-with-balcony unit to a 60.5-sq.m. two-bedroom unit, also with a balcony.

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