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The Mactan Newtown | |
|---|---|
| Country | Philippines |
| Region | Central Visayas |
| Province | Cebu |
| City | Lapu-Lapu City |
| Area | |
• Total | 0.3 km2 (0.1 sq mi) |
Mactan Newtown, is a 30-hectare (74-acre) mixed-use, master-planned central business district located in Lapu-Lapu City, Cebu, Philippines.[1] It is the first integrated township development built by Megaworld Corporation outside of Metro Manila,[2] and caters facilities and establishments such as condominiums, hotels, business process outsourcing office towers, a lifestyle mall, a school, a convention center, and a beachfront.[3][4]
In 2014, Megaworld increased its investment on the township development from ₱20 billion, to ₱30 billion after forming a joint venture (JV) with Landmark Inc. for the development of an 11.5-hectare beachfront property, which expanded the Mactan Newtown development from 16.8 hectares to 28.8 hectares.[5][6]
- ^ Dagooc, Ehda. "The Mactan Newtown now open for business". Philstar.com. Retrieved 2024-08-17.
- ^ Remo, Amy R. (2017-02-18). "The Mactan newtown: An enabler of growth". INQUIRER.net. Retrieved 2024-08-17.
- ^ Flores, Helen. "World-class convention center to rise in Cebu". Philstar.com. Retrieved 2024-08-17.
- ^ Cacho-Laurejas, Katlene O. (2024-05-06). "More tourism facilities in Mactan Newtown's Phase 2 development". SunStar Publishing Inc. Retrieved 2024-08-17.
- ^ "Megaworld hikes investment in Cebu township to P30B". RAPPLER. 2014-04-07. Retrieved 2024-08-17.
- ^ Sunnexdesk (2014-01-15). "Megaworld to develop Portofino". SunStar Publishing Inc. Retrieved 2024-08-17.