Parklinks
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Parklinks is a mixed-use development that straddles the
Pasig Pasig, officially the City of Pasig ( fil, Lungsod ng Pasig), is a 1st class highly urbanized city in the National Capital Region of the Philippines. According to the 2020 census, it has a population of 803,159 people. It is located along t ...
Quezon City Quezon City (, ; fil, Lungsod Quezon ), also known as the City of Quezon and Q.C. (read in Filipino as Kyusi), is the most populous city in the Philippines. According to the 2020 census, it has a population of 2,960,048 people. It was fou ...
boundaries in the Philippines. It is a joint project of
LT Group LT Group, Inc. () is a publicly listed holding company of Chinese Filipino business tycoon Lucio C. Tan in the Philippines. LT Group, Inc. is majority-owned by Tangent Holdings Corporation, its ultimate parent company (also controlled by Tan). ...
and
Ayala Land Ayala Land, Inc. (ALI) is a real estate firm based in the Philippines. It is a subsidiary of Ayala Corporation. It began as a division of Ayala Corporation until it was spun off and incorporated in 1988. It became publicly listed in the Phi ...
located on the banks of the
Marikina River The Marikina River ( tl, Ilog Marikina) is a river in eastern Metro Manila, Philippines. It is the largest tributary of the Pasig River, with headwaters located in the Sierra Madre Mountains in Rodriguez, Rizal province. The Marikina River u ...
in the eastern part of
Metro Manila Metropolitan Manila (often shortened as Metro Manila; fil, Kalakhang Maynila), officially the National Capital Region (NCR; fil, link=no, Pambansang Punong Rehiyon), is the seat of government and one of three defined metropolitan areas in ...
. The riverfront development is the biggest along the segment of
C-5 Road Circumferential Road 5 (C-5), informally known as the C-5 Road, is a network of roads and bridges that all together form the fifth beltway of Metro Manila in the Philippines. Spanning some , it connects the cities of Las Piñas, Makati, Parañaque, ...
north of the
Pasig River The Pasig River ( fil, Ilog Pasig) is a water body in the Philippines that connects Laguna de Bay to Manila Bay. Stretching for , it bisects the Philippine capital of Manila and its surrounding urban area into northern and southern halves. Its ...
and is planned to contain a central
urban park An urban park or metropolitan park, also known as a municipal park (North America) or a public park, public open space, or municipal gardens ( UK), is a park in cities and other incorporated places that offer recreation and green space to r ...
, an
esplanade An esplanade or promenade is a long, open, level area, usually next to a river or large body of water, where people may walk. The historical definition of ''esplanade'' was a large, open, level area outside fortress or city walls to provide cl ...
,
river terrace Fluvial terraces are elongated terraces that flank the sides of floodplains and fluvial valleys all over the world. They consist of a relatively level strip of land, called a "tread", separated from either an adjacent floodplain, other fluvial te ...
,
riparian A riparian zone or riparian area is the interface between land and a river or stream. Riparian is also the proper nomenclature for one of the terrestrial biomes of the Earth. Plant habitats and communities along the river margins and banks a ...
gardens and bike trails designed to make it one of the greenest urban estates in the Manila metropolitan area.


Location

Parklinks occupies two parcels of land separated by the Marikina River which marks the border between Pasig and Quezon City. The larger portion of the development, , is on a small peninsula bounded on three sides by a
meander A meander is one of a series of regular sinuous curves in the channel of a river or other watercourse. It is produced as a watercourse erodes the sediments of an outer, concave bank ( cut bank) and deposits sediments on an inner, convex ba ...
of the river in Manggahan, Pasig adjoining the village of Rosario to the south. The remaining is on a narrow strip of land across the river to the west in Ugong Norte, Quezon City with
C-5 Road Circumferential Road 5 (C-5), informally known as the C-5 Road, is a network of roads and bridges that all together form the fifth beltway of Metro Manila in the Philippines. Spanning some , it connects the cities of Las Piñas, Makati, Parañaque, ...
(Eulogio Rodriguez Jr. Avenue) frontage. An iconic long
bridge A bridge is a structure built to span a physical obstacle (such as a body of water, valley, road, or rail) without blocking the way underneath. It is constructed for the purpose of providing passage over the obstacle, which is usually somethi ...
is planned to connect these properties on both sides of the Marikina River. Across the river to the east from the Pasig property is the Circulo Verde development situated on the inside of another bend of the river in Bagumbayan, Quezon City. It is neighbored by several manufacturing facilities and warehouses such as the Piscor Compound and Litton Mills on Amang Rodriguez Avenue. Its Quezon City property on the west is flanked by a mix of commercial and industrial buildings and neighbors the Bridgetowne township of Robinsons Land to the south and the Green Meadows gated village across C-5 to the west.


History

Parklinks is a redevelopment of a former steel mill site in a rapidly gentrifying area of the C-5 corridor between Libis and Pasig. In January 2016,
Ayala Land Ayala Land, Inc. (ALI) is a real estate firm based in the Philippines. It is a subsidiary of Ayala Corporation. It began as a division of Ayala Corporation until it was spun off and incorporated in 1988. It became publicly listed in the Phi ...
and
LT Group LT Group, Inc. () is a publicly listed holding company of Chinese Filipino business tycoon Lucio C. Tan in the Philippines. LT Group, Inc. is majority-owned by Tangent Holdings Corporation, its ultimate parent company (also controlled by Tan). ...
's Eton Properties Philippines entered into a partnership to jointly develop the 30-hectare Manggahan property owned by Eton and the adjacent 5-hectare Ugong Norte property owned by Ayala. The joint venture, ALI Eton Property Development Corp., is 50% owned by Eton and 50% owned by Ayala. The first phase of the development was launched in January 2018 with in committed investment over ten years.


Projects

The first phase of the Parklinks development will include three office towers, the first of which will rise atop a shopping mall. The estate was designed with large green open spaces comprising fifty percent of the area.


Ayala Malls Parklinks

Parklinks mall is a
lifestyle center A lifestyle center (American English), or lifestyle centre (Commonwealth English), is a shopping center or mixed-used commercial development that combines the traditional retail functions of a shopping mall with leisure amenities oriented toward ...
under construction in the Quezon City side of the estate fronting C-5. It will have of retail space spread over five floors and will also house a sports complex consisting of a basketball court, volleyball court, badminton courts and fitness gym.


Residential developments

Ayala Land Premier is developing a luxury condominium in Parklinks. Two other Ayala Land residential brands, Alveo and Avida, will also be building their own residential projects on the property.


Parklinks Towers

Plans for the Parklinks North Tower were unveiled in November 2018. It will be Ayala Land's first luxury condominium development in Quezon City. The 55-storey, 280-unit building will have direct links to the shopping mall and the river esplanade. It is expected to be turned over by 2025. A second luxury condominium development was announced in September 2019. Parklinks South Tower will house 313 units.


The Lattice

The Lattice is a 43-storey residential tower project by Alveo Land, a subsidiary of Ayala Land. Announced in November 2019, the development will be built right next to Parklinks' central park.


References


External links

*
Official website of Parklinks
{{Metro Manila populated places Mixed-use developments in Metro Manila Buildings and structures in Pasig Buildings and structures in Quezon City Redeveloped ports and waterfronts in the Philippines Planned communities in the Philippines Marikina River