Megaworld to grow P18-B bloom-filled estate in Cavite | Inquirer Business

Megaworld to grow P18-B bloom-filled estate in Cavite

By: - Business Features Editor / @philbizwatcher
/ 04:47 AM September 16, 2019

The group of property tycoon Andrew Tan is investing P18 billion to develop a 251-hectare new township in the municipality of Tanza, Cavite, that features expansive gardens and natural parks.

The new township, called Arden Botanical Estate, will be jointly developed by Megaworld Corp. and its subsidiary Global-Estate Resorts Inc. (Geri).

“Arden Botanical Estate is a one-of-a-kind township development, which will be curated to engage and stimulate the senses. We will put design and aesthetics at the forefront, and function and purpose at the backbone of its planning,” Megaworld chief strategy officer Kevin Tan said in a statement.

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The estate will have its own flower farm, flower tunnel and children’s garden, allowing residents and visitors to commune with nature and enjoy Philippine flora. It will also be surrounded by natural rivers, organic gardens, tree-lined roads and avenues and lotus ponds.

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The township will have more than half of its space devoted to residential and leisure villages, while the rest will be for commercial, institutional, recreational and open space.

Arden Botanical Estate is also designed to offer sports and adventure parks, alongside a mixed-use district.

“Our concept for this expansive development is to allow everyone living, working and even visiting the township to appreciate a beautiful and purposeful life. This is another unique township concept that will certainly stand out from any other developments in and around Cavite,” Tan added.

From the township’s entrance along Governor’s Drive, a six-lane avenue will lead to the welcome pavilion and the town center, which will be surrounded by arcaded and al fresco commercial areas.

The township will also have its own electric tram that will transport people from the township entrance to the Town Center, and vice versa.

The estate will have sustainability features, such as the use of solar street lights, electric shuttles for transport, storm water recycling, permeable pavements for driveways and parking, as well as organic fertilizers and pesticides for gardens.

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Arden Botanical Estate will become Megaworld’s 25th township development and Geri’s seventh lifestyle and tourism development.

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TAGS: Business, Megaworld

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