Key NCR and South Luzon road infrastructures set to boost demand for Greenfield developments
Ramped-up transportation infrastructure investments are among key factors that underpin the growth of the country’s major regions such as Metro Manila and Southern Luzon. With the government’s over 100 infrastructure projects either completed or in the pipeline, increased connectivity and accessibility are fast driving the value of property surrounding these developments.
This is according to Greenfield Development Corporation (GDC), a diversified real estate developer that is behind master-planned communities Greenfield District in Mandaluyong City and Greenfield City in Sta. Rosa, Laguna.
“Big-ticket infrastructure developments are designed to improve traffic flow, and increase people’s access to services, business and job opportunities. Road infrastructures are value drivers for surrounding real estate projects as they open doors for economic progress; on top of providing greater mobility, connectivity to other cities and sustainability. Investing in such properties are deemed attractive because their value will appreciate over time,” explained, Duane A.X. Santos, executive vice president and general manager of Greenfield Development Corporation.
In the case of GDC’s flagship mixed-use developments, Greenfield City and Greenfield District are seen to further gain the interest of more buyers and investors on the back of the now operating Cavite-Laguna Expressway (CALAX); North Luzon Expressway (NLEX)-South Luzon Expressway (SLEX) Connector Road; and Sta. Monica-Lawton Bridge, more popularly known as the Kalayaan Bridge.
The partially operational CALAX cuts travel time between Manila–Cavite Expressway (CAVITEX) and SLEX to approximately 45 minutes from 90 minutes. Motorists have also been experiencing faster mobility because of the NLEX-SLEX Connector Road, which reportedly reduces travel time between the two expressways to 20 minutes.
Higher accessibility brought about by these mega infrastructure developments adds to what makes the 400-hectare Greenfield City extremely appealing. A commercial and residential gem in Sta. Rosa and GDC’s banner development this verdant metropolis can be accessed via the Sta. Rosa Interchange, Eton-Greenfield exit, and Greenfield-Unilab exit.
The sprawling community’s promise to offer refuge to families and individuals who are seeking balance in their life is a huge drawing factor as well.
“Part of Greenfield City’s unique value proposition , the first City within the park concept is committed to promote a balance between a fast-paced modern living and a refreshing lifestyle away from the city’s hustle and bustle. CALAX and the NLEX-SLEX Connector Road have made it easier for more people to gain access to this promise,” Duane A.X. Santos said.
Greenfield City is home to four residential communities— namely Trava, Solen Residences, Pramana, and Zadia— as well as 3 commercial centers; Laguna Central, Arcadia and Paseo Outlets, 2 business districts; Sta. Rosa Business Parks 1 and 2, and 1 industrial park; Greenfield Autopark.
Like Greenfield City, GDC’s Greenfield District, a 15-hectare, eco-friendly urban development located at the heart of Mandaluyong’s Central Business District, continues to attract property buyers. The opening of the Kalayaan Bridge across the Pasig River is set to bring their interest to the next level.
Thanks to the 613-meter two-way Kalayaan Bridge, motorists can reach Pasig and Mandaluyong from Kalayaan Avenue in Makati and Bonifacio Global City in Taguig in 12 minutes. Greenfield District, an urban center bordered by the main thoroughfares EDSA and Shaw Boulevard, benefits from this connectivity, being that it is just a five-minute drive from the Pasig River.
According to GDC, the Kalayaan Bridge has reinforced the Future-Ready Greenfield District’s pledge of a “smart and connected” lifestyle, which is already reflected in the community’s overall design. Buildings within Greenfield District are technologically interconnected with a fiber-optic framework. Moreover, the District is home to modern high-rise buildings such as the Twin Oaks Place and Zitan Condominiums and is renowned for its green open spaces and pedestrian-oriented neighborhood.
“The growth of Greenfield District and Greenfield City is now made better because of these transport infrastructure developments. Owning a property in our high-value communities is a prized asset that brings unparalleled edge and benefits,” Duane A.X. Santos concluded.
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