MANILA, July 29 (PNA) — Vista Land & Lifescapes Inc. on Wednesday it has made progress in implementing the first phase of its Php50-billion Vista City project’s Ecohub situated in southern Mega Manila which is envisioned to become one of the most advanced business and information technology (IT) parks in the country.
“The first phase of the project, which covers 10 hectares, is already underway while the University Town will be the future location of prestigious colleges in the South of the Metro,” Vista Land said in a statement.
The company said the Vista City project includes the Ecohub, which will have several office towers that will be devoted to commerce and the business process outsourcing (BPO) industry.
“(These will) generate a lot of employment for residents of Las Piñas, Muntinlupa and nearby areas like Cavite and Laguna, in addition to encouraging more foreign investments in the country,” it said.
Vista Land said its flagship Vista City project is “right at the heart of the emerging millionaires’ row.”
The project is an integrated development that includes commercial and IT hubs, entertainment centers, hospitals and a university town, in addition to residential components.
Still expanding is the Evia, Vista City’s commercial, retail and entertainment complex, which has just won the “Highly Commended” awards for Best Retail Development and Best Architectural Design in Retail Development from the Philippines Property Awards.
Real estate research firm Cuervo Far East called this area the Southern Manila West Growth Area. It covers parts of the cities of Las Piñas, Muntinlupa and Caviteon the west section of the South Luzon Expressway (SLEX).
Vista Land, the country’s largest homebuilder, will also launch new residential projects which will cater to various income segments.
These are in addition to Vista Land’s existing and ongoing projects for the high-end market at the emerging millionaires’ row.
These projects include Crown Asia’s Ponticelli, Camella Cerritos and the recently launched Camella Carson which are complimented by Brittany’s multi-awarded Portofino.
Amore at Portofino, two of the high-end residential community within Vista City, were recently concluded 2015 Best housing Development in the Philippines. (PNA)