600-hectare Riverpark township in Cavite to kickstart expansion
Federal Land recently rolled out the next step in its strategic expansion, Federal Land Communities (FLC), a collection of master-planned, multi-use developments that will provide a holistic living experience via wellness amenities, retail and dining options, and outdoor recreations to its customers.
“We believe in building for evolving realities in the property industry,” explained President and COO Thomas F. Mirasol. “In our newest endeavor—Federal Land Communities—we combine our 50 years of solid local real estate experience with a line-up of impressive global and local partners who are best in class to make a difference in the lives of our clients.”
Mirasol noted that the properties at Federal Land Communities were planned to be multi-functional. “Intended to go further than the mixed-use concept, it provides a more thoughtful approach to the use of open space, as different areas in development can be deliberately designed to support multiple uses,” he averred.
Modern living
Ten townships will lay the groundwork for achieving Federal Land’s Mission: to create dynamic communities for generations to enjoy,” Mirasol added.
Among these are Grand Central Park (GCP) in Bonifacio Global City, Met Park in Pasay, and an emerging community in Marikina—all of which are being redeveloped and will be unveiled within the next few years.
GCP is a master-planned community within North Bonifacio Global City. It is home to contemporary residences, exciting dining destinations, and chic lifestyle hubs.
Federal Land’s presence extends from residential, retail, hotel, and office developments, including iconic developments such as Grand Hyatt Manila and Metrobank Financial Center, Grand Hyatt Manila Residences, The Seasons Residences, Park West, The Big Apple block, the new Lexus Showroom and MITSUKOSHI BGC. Future developments in GCP will include a high-rise office building designed to accommodate Bonifacio Global City’s office demands.
Met Park is a master-planned community positioned as the Cosmopolitan Cultural District of Bay City. This development supports a flourishing Art District, where many like-minded individuals can immerse themselves in new experiences through street art galleries, workshops, concerts, and such.
Similar to GCP, Federal Land has established its presence through multiple developments enjoyed by Pasay residents, office workers, shoppers, and tourists. Met Park will introduce a new Japanese-concept residential and retail development in support of the already established office and residential towers currently present.
The master-planned community in Marikina boasts an emerging city center. Siena Towers, Tropicana Garden City, and Marquinton Residences mark Federal Land’s residential presence, while Blue Wave Mall is the group’s retail development in the area. This year, new locators have also opened like S&R, Uniqlo, and Panda Express.
Federal Land is also present in Visayas with its Marco Polo community in Nivel Hills, Cebu anchored by the beacon of Cebu Hospitality, Marco Polo Plaza hotel, and the exclusive residential towers.
Federal Land will also launch a development in partnership with FNG in this community. New developments are also underway as Federal Land Communities is set to introduce master-planned developments in Mandaluyong and Southern Luzon specifically in Cavite and Laguna.
A new community dubbed as the Next Gen City of the South, Riverpark, will complement the existing developments of Federal Land in Cavite.
“We are positioned to be drivers of growth along with our LGU stakeholders and development partners, supporting progress and prosperity in the different regions through our communities,” Mirasol said.
Riverpark will be Federal Land Communities’ first major development in 2023.
River and park side experience
Located in General Trias, Cavite, Riverpark, a 600-hectare township poised to provide smart living, and lifestyle-enhancing developments in a landscape that integrates both river and park side experience.
Riverpark’s master plan integrates rivers, streams, and natural waterways, which are retained as the basis of multi-functional corridors and a 2.6 km long Central Park that will serve as the pedestrian pathway. This feature brings nature into the heart of Riverpark and provides a landscape where people can come together and connect. It also allows the community to engage with the river through parks and other open space settings.
Significant partnerships
In January 2022, Federal Land allied with leading Japanese real-estate firm Nomura Real Estate Development (NRE). Together as Federal Land NRE Global, Inc. (FNG), the group seeks to introduce a new way of living for both residents and industry locators in this 230-hectare development.
Federal Land, GT Capital Holdings, SM Development Corporation (SMDC), and SM Prime Holdings, Inc. (SMPH) inaugurated the initial phase of the development in June 2022.