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December 15, 2022Eton Properties adds Parklinks Urban Estate to its real estate portfolio
Eton Properties has raised its stake by adding Parklinks Urban Estate to its roster of township portfolios through a partnership agreement with Ayala Land, Inc. (ALI).
The 35-hectare Parklinks is envisioned as the “greenest urban estate” development in the country, and 50 percent of the area will be devoted to open spaces, parks, and other recreational facilities to promote health and a well-balanced lifestyle.
“One of the visions that we have is that it’s going to have a multitude of different facilities and really excel at them at a very high level. We don’t want it to feel congested, we want the community to also feel like there is a seamless integration of the green landscapes, as well as the parks,” says Eton Executive Director Kyle C. Tan.
Through the joint venture deal, Eton ALI Property Development Corporation, the former steel mill will breathe a new life as the master-planned development will transform the area into the metro’s greenest urban estate featuring a well-designed green fusion of residential, office, and commercial developments.
The highlight of the project is the iconic Parklinks Bridge, which will link the boundaries of Quezon and Pasig Cities. It will be 110 meters long and 25 meters wide, with an arch at 40 meters in height, the bridge will be a new route to help ease traffic flow in the area.
“Investing in real estate is a very good strategy in general, simply because historically trends have shown that properties are more stable than something like stocks. I really believe that experiences are really meaningful and at the same time, you would want to invest in something to create a stable foundation for you to have the experience that you want,” Tan said.
Sharing the same vision of providing sustainable development and helping the country in nation-building, the 35-hectare property is targeted to integrate all components, including parks and open spaces to be within walking distance from each other. The estate will build a walkway system that will help future residents, office workers, and the public to get to their point of destinations, safer and faster.
“I think of leadership as taking your work ethic, as well as, your principles, and really driving that to make the company stride in directions that you believe are profitable to give back to the environment and how we could all as a company achieve something more, and empower ourselves to do that,” Tan said.
Eton Properties already has 36 projects under its portfolio, including Parklinks, which the company has known for building landmark developments such as the 600-hectare Eton City township in Sta. Rosa, Laguna and 12-hectare Eton Centris in Quezon City. While ALI is primarily known for developing estates such as Makati Central Business District, Ayala Alabang, Bonifacio Global City, and Nuvali.
The joint venture will allot Php 53 billion in the next 10 years for the initial development of Parklinks. Recently, Eton ALI Property Development Corporation signed a partnership agreement with Multiple Intelligence International School (MIIS) to build a learning facility in the master-planned estate.
To know more about Parklinks, visit www.parklinks.ph
