The rapid growth of the Philippine economy, and the boom of the local Information Technology and Business Process Management (IT-BPM) sector, is boosting the demand for mixed-use spaces, property consultancy firm Leechiu Property Consultants (LPC) said recently. LPC pointed out to the emergence of a ‘live-work-play’ lifestyle among Filipinos as a reason why the demand for mixed-use spaces has continued to rise. “As more Filipinos wield purchasing power, real estate buyers settle for a ‘live-work- play’ lifestyle,” said LPC chief executive officer David Leechiu. One such development is Suntech iPark (see photo), a campus-type information technology park developed by Property Company of Friends, Inc. Suntech iPark is the first in a series of buildings located within Lancaster New City, a master-planned 25-hectare commercial, business, and lifestyle district in Imus, Cavite.
