Andrew Tan is betting big on Bacolod

All eyes are on The Upper East by bilyonaryo Tan’s Megaworld, within which will rise the City of Smiles’ first-ever ‘smart condo tower’ Bacolod City’s adopted son, bilyonaryo Andrew Tan of Megaworld, continues to make good on his vision of contributing to the city’s booming economy and tourism industry by ramping up the construction activities within its two townships in the City of Smiles.
In fact, just last month, Megaworld made several announcements, particularly on the most recent developments inside the 34-hectare The Upper East. For starters, the property giant is increasing its capital spending for this township—as well as for the 53- hectare Northill Gateway, its first Bacolod township—from P35-billion to P45-billion.

Next, Megaworld formally opened to the public the Upper East Avenue, the eight-lane, one-kilometer main avenue traversing the entire stretch of the township. This connects Lopez Jaena Street to Carlos Hilado Highway and is expected to help ease traffic congestion on Burgos Street.
Megaworld also announced another exciting development inside The Upper East to mark another milestone in Bacolod: the 12-storey Herald Parksuites, Bacolod’s very first “smart condo tower.”
‘Smart home’ amenities for the modern Bacolodnon

Taking inspiration from the posh apartments of the Upper East Side of New York City, Herald Parksuites will offer 246 “smart home” units, with sizes ranging from Studio (up to 24 square meters); Studio with Balcony (up to 31.5 square meters); One-Bedroom with Balcony (up to 41 square meters); Executive One-Bedroom with Balcony (up to 54 square meters); One-Bedroom Loft with Lanai (up to 78 square meters); Two-Bedroom with Balcony (up to 79 square meters); and Two-Bedroom Loft with Lanai (up to 109 square meters).

 
Each unit will be equipped with a wireless smart home system and devices with Wi-Fi router, video intercoms, as well as a standby power generator for a lighting fixture in the living area. All kitchens will have their own cooktop burners, with two-bedroom units having their own built-in ovens. Bedrooms and living rooms in loft-type units, meanwhile, will come with inverter split-type air-conditioning units.

 
Generous amenities also await the future residents of Herald Parksuites, including an adult pool and a children’s pool with bubblers, a pool lounge and a pool bar, lounge areas with sunbuns, shower rooms, reading nooks, children’s playground and daycare center, fitness center, private dining and function room where residents can invite their guests with pantry and extended outdoor area, game room, covered path walks, and Wi- Fi Internet access.
“This new tower is jampacked with first-of-its-kind features and we are excited to offer all of these to our future residents,” Jennifer Palmares-Fong, vice president for sales and marketing for Megaworld Visayas, said.

 
A dynamic ‘city-within-a-city’
Sitting right on the former site of the Bacolod-Murcia Milling Company (BMMC) Complex near the Bacolod Government Center, The Upper East is fast shaping up as the city’s first master-planned mixed-use community, highlighted by what would be the province’s most modern central business district.
With a blueprint inspired by the affluent Upper East Side neighborhood of New York City, it is quickly being populated by projects that will complete the signature live-work-play township lifestyle Megaworld communities are known for.
Welcoming Bacolodnons coming into the township from the Circumferential Road is an elaborate Masskara-inspired mural. Across the street will soon rise the Philippines’ “Most Beautiful McDonald’s,” which is set to treat guests to state-of-the-art features and facilities and a world-class design as they enjoy their favorite McDonald’s meals and treats.
Right across the future site of McDonald’s is the homegrown Lopue’s Annex Mall, now operational and housing a grocery store, as well as a couple of other retail and dining shops.
Driving onward into the township via the Upper East Avenue, simultaneous construction activities for various developments can be seen. Construction for No. 1 Upper East Avenue, the first business process outsourcing (BPO) office development to be operated under Megaworld Premier Offices inside the township, is currently in full swing.
The building is the first of two, Spanish and European architectural design-inspired BPO office towers inside The Upper East, the other one being the No. 5 Upper East Avenue.
Already completed and to be turned over to unit owners within the year is the 12-storey One Regis, the first residential tower launched by Megaworld inside the township in 2018. Set to be completed next year, meanwhile, is the 14-storey Two Regis, which was launched back in 2019.
Soon to begin construction will be Megaworld’s third residential condo development, the 14-storey One Manhattan.
More things to watch out for in The Upper East In a few years’ time, even more projects will rise inside The Upper East to bring its future guests and residents to everything they’ll ever need within reach.
There will be a showroom, designed to be a replica of the Araneta Guesthouse, a heritage house that used to be inside the Bacolod-Murcia Milling Co. premises. The “Murcia Train,” which was used during the early days of the sugar mill, will be retrofitted and refurbished to be reused as a caboose with a snack bar.

There will also be a Megaworld Lifestyle Mall composed of several interconnected structures that will host diverse retail, entertainment, and leisure offerings.
The Upper East will also feature several more developments including hotels, its own transport hub, a church, green open parks, a central plaza, its own biking network facilities, and free public WiFi in most parts of the township.
“It’s definitely an exciting time to be in and invest in Bacolod. With The Upper East already taking shape, we are getting one step closer to our vision of bringing a uniquely master-planned township here,” Palmares-Fong added.