Eastwood City

Also known as: Eastwood City · Eastwood Libis · Eastwood

Definition

Eastwood City is a 18.5-hectare master-planned mixed-use township development located in Libis, Quezon City, Metro Manila, Philippines. Developed by Megaworld Corporation starting in 1997, it is recognized as the pioneer of the ‘live-work-play’ township model in the country and the birthplace of the Philippine BPO industry. The township features BPO cyberparks, retail shopping malls, residential condominiums, and dining plazas, serving as a primary economic engine of Quezon City. (Wikipedia, Eastwood City Govt)

Identities

Source Type	Identity
Wikipedia	Eastwood City
Wikidata	Q5330790
DBpedia	Eastwood_City
ProductOntology	N/A
Wiktionary	N/A
Library of Congress Subject Headings (LCSH)	N/A
MeSH	N/A
NCBI Taxonomy	N/A
AGROVOC	N/A
Google Scholar	Eastwood City Megaworld real estate BPO cyberpark Quezon City
ConceptNet	N/A
OpenCyc	N/A

Also Known As

Eastwood City
Eastwood Libis
Eastwood

Examples and Analogies

Eastwood Cyberpark: A major office IT park designated as an PEZA economic zone, hosting call centers and tech companies.
Eastwood Mall: A prominent lifestyle shopping mall anchoring the retail and entertainment options within the township.

Usage Scenarios

1. Purchasing a Condo in Eastwood

A call center manager buys a unit in Olympic Heights to live within walking distance of their 24/7 office.

2. Leasing Office Space for Tech Startup

A software firm rents a small office in the IBM Plaza to leverage Eastwood’s redundant power and fiber optic networks.

Strategies

Focus property investments near the PEZA office zones to capture stable BPO employee rental demand.
Prioritize purchasing residential units in transit-accessible towers to secure high resale value.

Security and Safety Measures

Verify all Condominium Certificates of Title (CCT) at the Registry of Deeds of Quezon City before transaction.
Ensure that properties near high-traffic public plazas incorporate strong physical security and access controls.

Historical Context

In 1997, Megaworld Corporation launched Eastwood City, transforming an old industrial site in Libis into a high-density cyberpark. In 1999, it was designated the first PEZA IT Park, attracting the country’s first major BPO firms. The township expanded rapidly over the 2000s, adding high-rise residential towers, shopping malls, and hotel developments, proving the viability of mixed-use townships in the Philippines. (Wikipedia)

Challenges and Controversies

Severe Vehicular Traffic

The main entry points along C5 Road experience severe traffic bottlenecks during morning and evening rush hours.

High Density Urban Vacancies

High concentration of residential units in Libis can lead to competitive leasing pressures among unit owners.