Megaworld Corp. is starting work this year on a massive township project in San Fernando City, its first in Pampanga.
Megaworld said the project, to be called Capital Town, would span 35.6 hectares and require an investment of about P30 billion over a decade.
Once completed, Capital Town will have residential and office towers, civic and institutional facilities such as school, amphitheater and event venues, mall and retail hubs, hotel and a shophouse district.
“What we are building in Pampanga is a unique township concept that will bring out the best of the Kapampangan culture, tradition and history. In 10 years, Pampanga will see a CBD that is not only a showcase of homegrown businesses and entrepreneurs, but also a center for local arts and culture,” Eugene Lozano, Megaworld first vice president for sales and marketing, said in a statement.
The project will rise on the former site of the historic sugar central of the Pampanga Sugar Development Co., 30 minutes away from Clark International Airport.
“We are anticipating this to be a busy township. So, as early as now, we are putting in place the infrastructure that fits for a CBD. However, we are also putting up small parks and pocket gardens around the development where people can take a break, relax and enjoy the views of the township,” Lozano said.
The builder noted that a quarter of the township would be devoted to roads and open spaces, such as parks.
Among the highlights of the township is a mall that will have some design inspiration of the Pasudeco sugar central that used to stand in the same area where it will be built.