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Business

Udenna, Megawide start development of Clark Global City

Iris Gonzales - The Philippine Star
Udenna, Megawide start development of Clark Global City
Uy

MANILA, Philippines — Dennis Uy’s Udenna Land recently broke ground on  Clark Global City, a 177-hectare master-planned, mixed-use development located in the heart of Central Luzon.

Uy’s Global Gateway Development Corp. (GGDC) is developing the sprawling mixed use estate which is touted as the newest business district in Central Luzon.

Earlier this year, Udenna Land tapped Megawide as its general contractor for the project.

Megawide is the listed engineering and infrastructure conglomerate with construction projects in residential, commercial and mixed-use segments.

Uy, chairman of Udenna Land,  said CGC is honored to work with Megawide to transform 177 hectares of land into a thriving business center and community.

After taking over the property in 2017, GGDC now holds the lease rights for CGC until 2085.

To fasttrack the development of the mixed use estate with its 22-month timeline target, GGDC has been partnering with several locators in different industries to transform the property into a mixed use center of commerce, culture, entertainment and leisure.

Megawide chairman Edgar Saavedra said his group is proud to be working with Udenna and GGDC as contractor for the site development of Clark Global City.

At present, 47 hectares out of the 177 hectare estate have already been developed with horizontal infrastructure, 50-year storm water drainage systems, an underground infrastructure network, and eight-road lanes with bike lanes and 50 meters of right-of-way priority.

Megawide has committed to construct 12 km of roads and fully develop the remaining balance of infrastructure in 22 months.

GGDC has already subleased over 32 hectares of land to 17 top-tier real estate developers and other locators.

Udenna Land is the property and development arm of the Udenna Group.

Aside form Clark Global City, its other projects include Calaca Industrial Sea Port, a 108 hectare property and the country’s only industrial park with its own seaport facility located in Calaca, Batangas; and The Udenna Tower, a prime commercial location in Bonifacio Global City, where the Udenna Group’s headquarters is located.

The Udenna Group continues to expand its portfolio, which includes education, food, gaming, tourism, and infrastructure.

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