The property giant is investing P8 billion to develop The Sugartown, a new 97-hectare mixed-use estate along the Bacolod-Silay Airport Road in Talisay City, Negros Occidental.
Megaworld’s 37th township
Megaworld said the township will be developed over the next 7 to 10 years.
The Sugartown will be Megaworld’s 37th township development and its third in Negros Occidental.
It follows the launch of the 53-hectare Northill Gateway at the boundary of Bacolod City and Talisay City and the 34-hectare The Upper East in the eastern part of Bacolod City.
The company said the project will include premium residential developments by Megaworld and its wholly-owned subsidiary Suntrust Properties, Inc., alongside commercial and retail developments.
Management’s view
“Our vision for this new township in Negros Occidental is to provide new opportunities to help boost tourism in the province. With its close proximity to the Bacolod-Silay Airport, this will be an exciting destination for visitors and tourists, and a vibrant enclave for residential living,” says Lourdes Gutierrez-Alfonso, president and CEO, Megaworld.
“With the Negros Island Region already in place, the future of this province is bright and we have seen the rise of mixed-use developments not just in the capital but also in other towns and cities,” said Kevin Tan, president and CEO, Alliance Global Group, Inc., the parent company of Megaworld.
‘Through this new township, our seventh in the Visayas, we are excited how we can further contribute to regional progress especially in tourism,” he added.
Airport access, tourism angle
Megaworld said The Sugartown will be anchored by its own town center and commercial district, and will include tourism facilities as part of the estate.
The township is located less than five minutes from the Bacolod-Silay Airport and Talisay City Hall and around 15 minutes from the Bacolod City Government Center, with Northill Gateway and The Upper East also only minutes away.
—Edited by Miguel R. Camus
