Ayala Land, Inc. (ALI) and Eton Properties Philippines, Inc. (EPPI), two of the country’s leading property developers today, launched what they envision to be their greenest urban estate, Parklinks.
Located in Pasig and Quezon City, the 35-hectare mixed-use estate is thoughtfully master planned to maximize access to parks and open spaces, which would be a mere 5-minute walk for residents, office workers and the public from the mall, office and living spaces through a well-designed and managed walkway system.
“With 50% of the 35 hectares devoted to open spaces, Parklinks will provide what is sorely missing along the busy C5 corridor – an abundance of open space,” shared ALI SVP and Strategic Landbank Management Group head Meean Dy.
ALI and EPPI deem this development as their greenest urban development to date. The plan includes a 3-hectare central park located at the heart of the business district. The esplanade, river park terraces, running & bike trails and riparian gardens designed to accentuate the riverside are intended to highlight the natural topography of the land, and will encourage the community to engage and appreciate the river system surrounding the development.
Another first, a 110-meter long and 25-meter wide iconic bridge is designed to link Quezon City and Pasig over the Marikina river. This will create a new route that will help ease vehicular traffic in the northeast and east of Metro Manila. The bridge will have dedicated lanes for bikers and pedestrians, allowing a safe and convenient commute within and around the development.
Parklinks will be accessible via C5, Amang Rodriguez Avenue and Ortigas Avenue. Plans also include additional linkages to the estate’s neighboring communities like Circulo Verde and Metropoli.
A joint venture development through ALI Eton Property Development Corporation, Parklinks is a 50-50 partnership between Ayala Land, Inc. and LT Group, Inc.
“Parklinks, an exemplary urban design expression, is a living testament to Eton LT Group and ALI’s shared vision and commitment in providing sustainable excellent communities in urban centers to its valuable customers.” said EPPI COO Jess Lucas
The company will infuse Php 53 billion in the next 10 years for Parklinks’ initial development. The new residential and business hub will be anchored by a 58,000 sqm GLA regional mall that will be situated along the estate’s C5 frontage. The mall is set to perfectly balance nature with its retail, dining and entertainment offerings. On top of the mall is a 3,500 sqm sports complex that will house a basketball court, volleyball court, badminton courts, fitness gym and dance studio to support and inspire an active lifestyle.
The development will introduce a new standard for waterfront living with ALI’s flagship residential brands. Set to introduce 5 residential towers, Ayala Land Premier is expected to be the first luxury residential development along the C5 corridor. Alveo will likewise introduce 5 residential towers during its initial phase.
Eton Properties is the real estate brand of the Lucio Tan Group, one of the biggest business conglomerates in the Philippines. Its foreign counterpart, Eton Properties Ltd, is an established real estate brand in Hong Kong and mainland China. With an extensive land bank in strategic locations all over the country, Eton specializes in high-end and mid-income high-rise and horizontal residential developments, office projects, commercial centers and mixed-use township developments.