Alveo, the upscale property brand of Ayala Land Inc. (ALI), recently launched Park East Place, its latest offering within the Bonifacio Global City (BGC).
Located on corner of 32nd Street and 9th Avenue, Park East Place counts as its neighbors St. Luke’s Medical Center, S&R Membership Club and MC Home Depot, among others.
Enhancing the cityscape
The successful launch of Park East Place further enhances BGC’s cityscape. It also sets a new record for Alveo Land, registering P6 billion in sales.
“The success of Park East Place’s project launch reaffirms Alveo’s presence in BGC,” said Alveo Land President, Mike Z. Jugo. “The extremely strong reception is a clear affirmation of Park East Place’s unique project concept, strategic location, and trust in the Alveo brand.”
In the middle of retail, lifestyle centers
Park East Place’s 32nd Street and 9th Avenue corner location is distinct and inimitable.
Along 32nd Street are office buildings such as The Curve BGC, The Globe Tower, Eco Prime, Eco Tower, Menarco, IBM One World Place, Bonifacio Stopover Corporate Center, as well as Alveo office developments Alveo Park Triangle Tower and Park Triangle Corporate Plaza.
9th Avenue is the major North-South axis connecting retail and lifestyle areas in the 800-meter-long Bonifacio High Street such as One BHS and Market!Market! malls to commercial areas like Uptown Mall, and Mitsukoshi. There are also prestigious hotels like Seda BGC, Shangri-La The Fort, and Grand Hyatt Manila.
Numerous parks and open spaces are also within easy access, such as the 4,600-square-meter BGC Turf conveniently located behind Park East Place, Track 30th, Terra Park 28th Street, and Burgos Circle Park.
Vertical community
Park East Place is a collaboration between local architectural firm Aidea and foreign design consultant Smith Group. The residential skyscraper features distinctive design elements such as stone columns, decorative aluminum cladding and an amenity podium highlighted with angled fins.
Park East Place will have 59 physical floors, with 53 residential floors and a total of 523 units. 8 floors will be dedicated parking spaces – 3 basement levels and 5 podium parking levels. This is also the developer’s first project with an electric vehicle (EV) parking system in place.
This signature tower has a maximum of 10 units to a floor, ranging from approximately 61 to 131 square meters. All units will have balconies.
Spacious configurations of one to three bedrooms include a range hood, a multi-point water heater, Kohler toilet fixtures, as well as split-type air conditioning for all main rooms (living room and bedrooms).
Most of the community’s exclusive amenities are housed in the 7th floor podium, enhanced with a residents’ lounge that serves as a transition between the indoors and outdoors. Featuring carefully curated designer furniture pieces decked out in natural finishes of stone and wood, the ground level also features a similar lounge complementing the 400-square-meter entry lobby and drop-off lounge for a distinctly inviting setting.
Park East Place will be finished by 2030.