Filinvest City, formerly Filinvest Corporate City, is a
central business district
A central business district (CBD) is the Commerce, commercial and business center of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides wit ...
situated within
Muntinlupa
Muntinlupa (), officially the City of Muntinlupa (), is a Cities of the Philippines#Legal classification, highly urbanized city in the Metro Manila, National Capital Region of the Philippines. According to the 2020 census, it has a population o ...
in
Metro Manila
Metropolitan Manila ( ), commonly shortened to Metro Manila and formally the National Capital Region (NCR; ), is the capital region and largest List of metropolitan areas in the Philippines, metropolitan area of the Philippines. Located ...
.
History
The development of Filinvest City began in 1995 by
Filinvest
Filinvest Development Corporation () is the publicly listed holding company for the various firms in the Filinvest group. It was established in 1955 in the Philippines by Andrew L. Gotianun Sr. and his wife, Mercedes Gotianun, as a used-car f ...
at the site of the former
Alabang Stock Farm.
Under the administration of President
Fidel V. Ramos
Fidel Valdez Ramos (; March 18, 1928 – July 31, 2022), popularly known as FVR, was a Filipino general and politician who served as the 12th president of the Philippines from 1992 to 1998. He was the only career military officer to reached ...
, the farm was opened for joint development with the private sector and the government-owned property was placed for bidding. The Gotianuns acquired the farm after it bested the bids of companies of the Ayala and Gokongwei families in a government-organized bidding.
The project was started by the
Filinvest Development Corporation (FDC) through its founder Andrew L. Gotianun Sr.
FDC established Filinvest Alabang, Inc. on August 25, 1993, to enter into a joint agreement with the government to develop the farm.
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.
The master plan for Filinvest was revised in 2017 with the help of Singaporean firm
AECOM
AECOM (, ; formerly AECOM Technology Corporation; stylised A''Ξ''COM) is an American multinational infrastructure consulting firm headquartered in Dallas, Texas.
The company's official name from 1990–2015 was AECOM Technology Corporation, ...
. This led to the opening of the Spectrum Linear Park and the Northgate Cyberzone district cooling system by early 2018.
Management
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.
Residential areas
Among the residential settlements in Filinvest City include Botanika Nature Residence, Vivant Flats, La Vie Flats, and the Bristol at Parkway Place.
Developments
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
A country club is a privately-owned Club (organization), club, often with a membership quota and admittance by invitation or sponsorship, that generally offers both a variety of recreational sports and facilities for dining and entertaining. Ty ...
. Key district areas in Filinvest City include the shopping centre
Festival Alabang
Festival Alabang (also known as Festival Mall, formerly known as Festival Supermall, and colloquially known as Festi), is a large shopping mall owned and operated by Filinvest Land, Inc. It is located at Filinvest City (formerly Filinvest Cor ...
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
The Wanderland Music and Arts Festival, commonly referred to as Wanderland, is an annual outdoor music and arts festival held in the Philippines organized by Karpos Multimedia. It showcases international and local live music, and art installations ...
since 2017.
The district is also accessible to the
Alabang–Zapote Road
Alabang–Zapote Road is a four-lane national road which travels east–west through the southern limits of Metro Manila, Philippines. It runs parallel to Dr. Santos Avenue in the north and is named after the two barangays it links: Alabang, Mu ...
and transportation services are available in South Station and
Festival Mall
Festival Alabang (also known as Festival Mall, formerly known as Festival Supermall, and colloquially known as Festi), is a large shopping mall owned and operated by Filinvest Land, Inc. It is located at Filinvest City (formerly Filinvest Corp ...
.
See also
*
Araneta City
Araneta City (stylized in all lowercase), formerly and still commonly known as Araneta Center, is a Transit-oriented development, transit oriented, commercial Mixed-use development, mixed-use urban development in Quezon City, Philippines. Situ ...
*
Bonifacio Global City
Bonifacio Global City, also known as BGC, Global City, or The Fort, is a 240-hectare mixed-use estate and central business district located in Fort Bonifacio, Taguig, Philippines. It is the home of the Philippine Stock Exchange, the national ...
*
Makati Central Business District
The Makati Central Business District (Makati CBD) is a privately-owned financial and central business district in the Philippines located in the heart of Makati in Metro Manila. It is politically and administratively known as "Central Cluster ...
References
{{Metro Manila populated places
Buildings and structures in Muntinlupa
Business parks of the Philippines
Planned communities in the Philippines