Nearly three decades after launching Eastwood City—its very first township project and the country’s original information technology cyberpark—listed property developer Megaworld Corp. is bringing the 18.5-hectare development in Quezon City into a bold new chapter.
With a P2.5-billion redevelopment program underway, the property unit of tycoon Andrew Tan is reimagining the pioneering live-work-play destination to meet the evolving demands of urban life and commercial vibrancy.
Eastwood was a game-changer when it launched in 1997, setting the standard for integrated developments and becoming a cradle for the BPO boom. Today, it houses 23 residential towers, 11 office buildings, and nearly 500 retail and dining establishments. But Megaworld knows legacy alone isn’t enough.
“This redevelopment is both a tribute to our roots and a commitment to the future,” said Megaworld president Lourdes Gutierrez-Alfonso. “We’re preserving Eastwood’s legacy while elevating it into a township of the future.”
Much of the transformation centers around experience and placemaking. Eastwood Mall now features upgraded cinemas, modernized interiors, and a curated tenant mix. A standout addition is SuperPark Philippines, a Finnish indoor activity park anchoring the mall’s refreshed lifestyle positioning.
At Eastwood Citywalk, the revitalized Fuente Circle now boasts a Bourbon-inspired nightlife concept, while the old cinema space has been transformed into the REP Eastwood Theater, now home to Repertory Philippines. A redesigned fourth-floor food park brings updated interiors and a new culinary lineup.
Even older office towers are getting a facelift, starting with the newly renovated IBM Plaza. Future upgrades include lobby and amenity enhancements across residential and commercial buildings. Eastwood Richmonde Hotel is also being refreshed to match the township’s elevated look and feel.
Not to be overlooked are open spaces: the Eastwood Mall Open Park is being redesigned to host popular lifestyle and dining brands like Harlan + Holden, Jamba Juice, and Matcha Tokyo—creating more green, walkable, and experiential zones.
As Megaworld redefines Eastwood City, it’s not just updating infrastructure—it’s reinvigorating a community, keeping its first township relevant in a city that never stops evolving.
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