Filinvest City

Summary

Filinvest City, formerly Filinvest Corporate City, is a central business district situated within Muntinlupa, Metro Manila, Philippines.

Filinvest City
Clockwise from top: Filinvest at night, Westgate Center, South Station, Crimson Hotel, Our Lady of Lourdes Chapel, Northgate Cyberzone
Official logo of Filinvest City
Nicknames: 
CBD of the South[1]
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Filinvest City
Filinvest City
Filinvest City is located in Philippines
Filinvest City
Filinvest City
Coordinates: 14°25′02.9″N 121°02′31″E / 14.417472°N 121.04194°E / 14.417472; 121.04194
CountryPhilippines
RegionNational Capital Region
CityMuntinlupa
BarangayAlabang
DeveloperFilinvest Development Corporation
Incorporated1993[2]
Area
 • Total244 ha (603 acres)
Time zoneUTC+8 (PST)
ZIP code
1781[3][4]
Area code2
Websitefilinvestcity.com Edit this at Wikidata

History edit

The development of Filinvest City began in 1995, by Filinvest at the site of the former Alabang Stock Farm.[5][6] Under the administration of President Fidel V. Ramos, the farm was opened for joint development with the private sector and the government-owned property was placed for bidding.[7] The Gotianuns acquired the farm after it bested the bids of companies of the Ayala and Gokongwei families in a government-organized bidding.[8] The project was started by the Filinvest Development Corporation (FDC) through its founder Andrew L. Gotianun Sr.[9]

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.[10] 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.[5]

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.[11]

Management edit

Filinvest City is developed and 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.[10]

Residential areas edit

Among the residential settlements in Filinvest City include Botanika Nature Residence, Vivant Flats, La Vie Flats, and the Bristol at Parkway Place.[12]

Developments edit

The central business district is divided into six divisions, namely City Center, Civic Plaza, Northgate Cyberzone, Westgate Center, Spectrum Business District, and The Palms Country Club. Key district areas in Filinvest City include the shopping centre Festival Alabang and public spaces like The River Park, Spectrum Linear Park, and the Filinvest City Event Grounds, the last of which has hosted the Wanderland Music and Arts Festival since 2017.[13] The district is also accessible to the Alabang–Zapote Road and transportation services are available in South Station and Festival Mall.

See also edit

References edit

  1. ^ "Filinvest City: Rise of the CBD of the South". Bristol at Parkway Place. Retrieved January 17, 2022.
  2. ^ "About Filinvest". filinvestcity.com. Retrieved October 9, 2023.
  3. ^ "ZIP CODE FINDER". Philippine Postal Corporation. Retrieved October 9, 2023.
  4. ^ "Philippine ZIP Codes" (PDF). Archived from the original (PDF) on October 30, 2021. Retrieved October 9, 2023 – via phlpost.gov.ph.
  5. ^ a b "Filinvest Land rebrands flagship project". BusinessWorld. November 8, 2012. Retrieved July 22, 2019.
  6. ^ Salazar, Tessa R. (November 24, 2012). "44-hectare Alabang sprawl home to global business community". Philippine Daily Inquirer. Retrieved December 25, 2019.
  7. ^ "Muntinlupa City @22". Tempo. March 6, 2017. Retrieved July 22, 2019.
  8. ^ Suryadinata, Leo (2012). Southeast Asian Personalities of Chinese Descent: A Biographical Dictionary, Volume I & II. Institute of Southeast Asian Studies. p. 304. ISBN 9814345210.
  9. ^ "History". Filinvest City. Retrieved July 22, 2019.
  10. ^ a b "About". Filinvest City. Retrieved July 22, 2019.
  11. ^ "Filinvest City accelerates growth trajectory in 2018". BusinessMirror. BusinessMirror. February 6, 2018. Retrieved July 22, 2019.
  12. ^ "Filinvest City eyes LEED-ND certification". BusinessWorld. March 5, 2019. Retrieved July 22, 2019.
  13. ^ Santos, Edward (February 2017). "FILINVEST CITY IS THIS YEAR'S HOME OF THE WANDERLAND MUSIC & ARTS FESTIVAL". EDnything. Retrieved March 7, 2023.