Megaworld Corp., the property development arm of businessman Andrew Tan, on Monday said it is spending some P20 billion for the construction of a new mixed-use facility on a property that used to be a horse race track in Manila.
Located just beside the historic Chinatown on a property within the San Lazaro Tourism and Business Park, the three-hectare Winford Resort will feature a mix of residential condominiums, hotels and commercial developments with a casino complex, the company said.
The development will be inspired by Old Manila with structural designs reminiscent of the pre-war era. The buildings will be characterized by rich aesthetics, with intricate details of French Renaissance, Neo-Classical and Art Deco architecture.
“This commitment to revive the old beauty of Manila will be apparent in the designs of the commercial developments of this community. The beautiful architecture of the pre-war years will be seen in the Promenade, which is envisioned to become a major tourism destination in this side of Manila,” said Wilson Sy, Megaworld Manila’s first vice president and head of sales and marketing.
The company said the Promenade will have walkways made of cobblestones, reminiscent of the pavements used during the Hispanic era.
Winford Resort, which can be accessed via Felix Huertas Road in Sta. Cruz District, is surrounded by major educational institutions such as the University of Sto. Tomas, Far Eastern University, San Beda University, University of the East, Centro Escolar University and other colleges and universities in the popular University Belt.
“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 LRT,” Sy said.
Megaworld is also launching a new residential condominium tower in this township, the 17-storey One Crown Suites, which is expected to generate around P3 billion in sales. The company expects to complete the project in 2028.
Divided into North Wing and the West Wing, One Crown Suites offers 389 units ranging from studio with balcony of up to 30.5 square meters, one-bedroom with balcony of up to 45.5 square meters and two-bedroom with balcony of up to 60.5 square meters.
The condominium’s amenities include a swimming pool and kiddie pool with its own pool deck and outdoor shower area, study room, fitness center, playground and outdoor lounge, as well as a co-working space.
At the roofdeck, it also has a covered badminton court, basketball half court and an outdoor fitness area.
“This new residential development is perfect for students as well as young professionals like doctors, nurses, and even teachers who study or work around the area. This location is a rising lifestyle district in the City of Manila,” Sy said.