Megaworld Corp. expects to generate P4 billion in sales from its Iloilo condominium project, Firenze, set for completion in 2028.
Megaworld’s ninth residential project in its 72-hectare Iloilo Business Park in Mandurriao, Iloilo, the 22-story Firenze will offer 415 ‘smart home’ units equipped with “wireless smart home systems that residents can access and control remotely via a smartphone app,” the developer said.
Megaword said Firenze is the “first” residential tower in Iloilo Business Park to offer a 32-square meter (sq.m.) unit as the smallest layout. Firenze also offers a 34-sq.m., 48.-sq.m., 51-sq.m., 57-sq.m., and 60-sq.m. one-bedroom units, while the two-bedroom unit has a space of 60 sq.m., 62 sq.m., 81 sq.m., and 90 sq.m.
The project also offers a 90-sq.m., three-bedroom unit, as well as a 108 sq.m., and 132 sq.m. of the same space.
“Firenze will rise beside The Palladium at the northern portion of Megaworld Boulevard, just a short walk to and from Festive Walk Mall and Festive Walk Parade as well as the Iloilo Museum of Contemporary Art (ILOMOCA),” Megaworld said.
The developer said the faí§ade of Firenze features classic-inspired Italian architecture, evidenced by the integration of columns, arches, decorative ironworks, and baluster railings to highlight symmetry and proportion in the design. “The entire tower, on the other hand, reflects a modern contemporary look that blends perfectly with its classic and elegant design elements,” it said.
Firenze complements Megaworld’s six other projects in Iloilo Business Park – One Madison (three towers), Lafayette Parksquare, The Palladium, Saint Honore, Saint Dominique, The Pinnacle.
“Aside from these residential offerings, the township has 11 office buildings offering around 182,000 square meters of leasable office spaces, in which three are still under construction,” Megaworld said.
“The township also has two existing first-class business hotels: the 149-room Richmonde Hotel Iloilo, and the 326-room Courtyard by Marriott Iloilo,” it added.