Billionaire Andrew Tan is investing P65 billion to develop his second integrated resort and casino project called Westside City in Parañaque.
Megaworld Corp. and Travellers International Hotel Group Inc., both subsidiaries of Tan’s holding company Alliance Global Group Inc., said in a joint statement they would allocate P65 billion to develop the 31-hectare leisure and entertainment township in Entertainment City, with target completion set by the fourth quarter of 2020.
Aside from the gaming facilities, Westside City, formerly known as Bayshore City Resorts World, will also be home to Megaworld’s upscale residential condominiums, a luxury mall and international hotel brands such as The Westin Hotel, Hotel Okura Manila, Genting Grand, Crockfords Tower and Kingsford Hotel.
These hotels will have a total of 1,500 rooms.
Westside City is also envisioned to become the “Broadway of Asia,” as the township will highlight facilities for the performing arts. It will be home to the Philippines’ first Grand Opera House with a total seating capacity of 3,000.
Phase 1 of the project will cover 12 hectares, while two more phases are currently being planned.
“We are very excited to see Westside City rising to be a showcase of Manila as a truly world- class Philippine capital,” Tan said.
Westside City will become Megaworld’s 20th integrated urban township.
It is alsoTraveller’s second casino and entertainment project, next to Resorts World Manila in Pasay City which began operations in August 2009.
The project was previously called Bayshore City Resorts World, but was renamed Westside City, as the development is located on the west side of Metro Manila.
Westside City will be the fourth integrated resort and casino rise in Entertainment City.
The first three are Solaire Resorts & Casino of businessman Enrique Razon’s Bloomberry Resorts Corp., which opened in March 2013; City of Dreams Manila of Melco Crown (Philippines) Resorts Corp., which opened in December 2014; and Manila Bay Resorts of Japanese billionaire Kazuo Okada, which will open next year.
Travellers, a partnership between Alliance Global and Malaysian group Genting Group, broke ground for the project in October 2014.
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