Filinvest City

Filinvest City is a business district situated within the city of Muntinlupa in Metro Manila, Philippines.

Filinvest City
Project
Opening Date1995 (1995)
DeveloperFilinvest Alabang, Inc.
OperatorFilinvest Development Corporation
OwnerFilinvest Development Corporation
Websitefilinvestcity.com
Physical features
Major buildingsFestival Mall
Public spacesThe River Park, Spectrum Linear Park
DivisionsCity Center, Civic Plaza, Northgate Cyberzone, Westgate Center, Spectrum Business District, The Palms Country Club
TransportSouth Station, Festival Mall
Location
Filinvest City
Coordinates: 14°25′02.9″N 121°02′31″E
LocationAlabang, Muntinlupa, Metro Manila, Philippines
Area
 • Total244 ha (603 acres)

History

The development of Filinvest City began in 1995, by Filinvest at the site of the former Alabang Stock Farm.[1][2] Under the administration of President Fidel V. Ramos, the farm was opened for joint development with the private sector and thegovernment-owned property was placed for bidding.[3] The Gotianuns acquired the farm after it bested the bids of companies of the Ayala and Gokongwei families in a government-organized bidding.[4] The project was started by the Filinvest Development Corporation (FDC) through its founder Andrew L. Gotianun Sr.[5]

FDC established the Filinvest Alabang, Inc. on August 25, 1993, for the purpose of entering a joint agreement with the government to develop the farm.[6] The development was earlier known as the Filinvest Corporate City but was rebranded as Filinvest City to reflect a shift of the area as a mixed-use development from a primarily commercial venture.[1]

The master plan for Filinvest was revised in 2017 with the help of Singaporean firm AECOM. This led to the opening of the Spectrum Linear Park and the Northgate Cyberzone district cooling system, by early 2018.[7]

Management

Filinvest City is managed by Filinvest Alabang, Inc. which is a subsidiary of Filinvest Development Corporation and Filinvest Land Inc.. Under the joint agreement with the government, the FAI owned 74 percent stake in Filinvest City.[6]

Residential areas

Among the residential settlements in Filinvest City include Botanika Nature Residence, Vivant Flats, La Vie Flats, and the Bristol at Parkway Place.[8]

See also

References
  1. "Filinvest Land rebrands flagship project". BusinessWorld. 8 November 2012. Retrieved 22 July 2019.
  2. Salazar, Tessa R. (November 24, 2012). "44-hectare Alabang sprawl home to global business community". Philippine Daily Inquirer. Retrieved December 25, 2019.
  3. "Muntinlupa City @22". Tempo. 6 March 2017. Retrieved 22 July 2019.
  4. Suryadinata, Leo (2012). Southeast Asian Personalities of Chinese Descent: A Biographical Dictionary, Volume I & II. Institute of Southeast Asian Studies. p. 304. ISBN 9814345210.
  5. "History". Filinvest City. Retrieved 22 July 2019.
  6. "About". Filinvest City. Retrieved 22 July 2019.
  7. "Filinvest City accelerates growth trajectory in 2018". BusinessMirror. BusinessMirror. 6 February 2018. Retrieved 22 July 2019.
  8. "Filinvest City eyes LEED-ND certification". BusinessWorld. 5 March 2019. Retrieved 22 July 2019.
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