Boulevard 2000

Another business area that is being anticipated upon by investors the world over is the coastal reclamation in Parañaque's western front. Dubbed "Boulevard 2000," the project's blueprint practically sets up a new major business district to rival its counterparts not just in Metro Manila but in the other cities within the Asia-Pacific region. More companies are expected to make Parañaque their corporate headquarters in the Philippines as the this is completed. The project aims to create a new skyline for the Metropolis and develop the Manila bay waterfront to international standards. This mega project is yet another testimony to government and private sector’s joint resolve to deliver vital infrastructure in the National Capital Region, consistent with the current thrusts towards socio-economic and sustainable development.

The essential elements of the project include:

(1) Promotion of mixed use development to ensure a 24-hour living environment with guidelines articulating requirements for setbacks and easements, building heights, parking requirements, signages, utilities, access corridors and facilities for pedestrian movement; (2) Construction of Central and Bay Boulevards within the reclamation area to integrate developments within Boulevard 2000 as well as the external road network and transport system; (3) A 50 meter wide green buffer zone between structures and the Manila Bay designed as public park to provide a vantage view of Manila Bay and its world-renowned golden sunset; (4) Phasing of development synchronized to meet utility requirements; (5) Provisions for adequate inland waterways and drainage facilities to avoid flooding; and, (6) Environment-friendly strategies for the maintenance of ecological balance.

Large-scale Development

The Public Estates Authority (PEA) and the Department of Public Works and Highways (DPWH) will spearhead the transformation of the reclamation area together with some of the major players in large scale development. The R-1 consortium, its major private sector component, plans to develop an international trading center in a 204-hectare area, envisioned as the NEW CENTRAL BUSINESS DISTRICT OF PARAÑAQUE while the Manila Bay Development Corporation will transform its 43-hectare property into a TOURIST ORIENTED BUSINESS NEIGHBORHOOD. Already operating is the Uniwide COASTAL MALL in 10 hectares that have been commissioned to the Uniwide Group, a warehouse, trading and real estate corporation.

Commercial Centers

The whole stretch of land, save for occasional vacant portions, fronting roadways from the Northside Barangay of Baclaran to the Southern Barangays of San Antonio and B.F. Homes, is occupied by stores, shops, banks, offices, supermarkets, restaurant, schools, service stations and other related establishments. In some areas, as in the beautifully luxurious Barangays of B.F. Homes and Don Bosco, commercial establishments are found further in the interiors and along roadways, thereby providing a welcome treat to the population of the adjoining residential and/or industrial community.

Industrial Areas

Parañaque’s industrial site used to be in the Northern Barangays of Baclaran and Tambo but because of expansion and commercialization in these areas, the factories were moved to the Southern and Eastern Barangays of San Antonio, B.F. Homes, Sun Valley, Marcelo Green, Merville, and San Martin de Porres. These areas have since become the center of industry in Parañaque, and the corporate headquarters in the Philippines of both Filipino and multinational companies.

Asiaworld City

In the 200-hectare Asiaworld City, the island development project composed of 16 buildings 30 stories high (and an already developed, completely sold-out, residential subdivisions named Marina East and South and Marina Bayhomes) forms the centerpiece of development. It is planned as a self-contained community in keeping with the high-quality urban design envisioned for the entire reclamation area. The intention is to enhance short-and-long-run property values by providing convenience and privacy in a meticulously-planned, balanced and controlled community growth. Thus, it is conceived as a PRIME RESIDENTIAL SUBDIVISION COMPLETE with a neighborhood shopping center, pocket parks and recreational area, sports and medical centers, exclusive school, 5-star hotel, shopping mall, theaters, office buildings and financial district. Meanwhile, a conceptual plan is being firmed-up by the Amari Coastal Development Corporation for MIXED-COMMERCIAL AND RECREATIONAL FACILITIES in a 150 to 700 hectare reclamation project, including a world class 18-hole championship golf course, offices, condominium, shops, restaurants and entertainment outlets.