Eastwood City is the prime example of a highly successful mega-community that has made a huge mark in Philippine real estate development.
Considered the very first "live-work-play" community in the Philippines, the 18-hectare Eastwood City offers residents the total living experience that includes dining, shopping, attending special events, going to beauty and wellness establishments and enjoying other forms of entertainment. It currently houses 15 completed luxury residential condominium towers, seven ongoing residential projects, and nine high-end corporate buildings. It is home to around 20,000 residents and 103 office tenants and BPO offices.
Within Eastwood City is the CyberPark, the country's very first IT park and the very first project to be granted special economic zone status by the Philippine Economic Zone Authority (PEZA). It was designed to respond to the growing demand for prime office space with facilities that can support extensive IT-based operations.
The Eastwood Mall, one of the more recent additions to the community, provides a complete shopping experience with four levels of commercial establishments within a modern setting. The mall's Central Park is a wide open area with a botanical garden and a lagoon while the main Mall section has several upscale boutiques, specialty shops, a huge atrium, restaurants, and seven modern cinemas.
Eastwood Richmonde Hotel, in turn, is a 10-story hotel found at the 29th to the 38th floors of Eastwood Park, a mixed-use project combining residential condominiums and hotel rooms. The Richmonde Hotel has a total of 138 luxurious rooms and a complete line of facilities and amenities one expects from a first-class hotel: swimming pool, fitness center, business center, salon, spa, bar, and banquet facilities. More establishments can be found in the nearby mall.
The newest additions to Eastwood City, however, are One Eastwood Avenue and the Global One Center. One Eastwood Avenue is a modern two-tower residential condominium with a combined total of 97 stories. The condominium was designed to cater to young urban professionals and executives whose offices are in Eastwood City and nearby areas. The Global One Center, on the other hand, is the CyberPark’s newest business process outsourcing (BPO) office building with 21 stories, 16 office floors and a floor area of 32,000 square meters.
Eastwood City, although nearing completion, is still a work in progress and is envisioned to be a community of 22 high-rise residential towers with 8,087 condominium units. It will host more than 270,000 square meters of top-grade office buildings and 60,000 square meters of entertainment and retail space. Even prior to its completion, Eastwood City is already regarded as the top employer and dollar earner among all the 70 IT special economic zones in the Philippines.