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GT Capital implementing masterplan for Bay Area project

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GT Capital Holdings, Inc. is now implementing the masterplan for its 40-hectare mixed-use estate in the Bay Area called Metro Park, where it recently opened a new office building for the business process outsourcing (BPO) sector.

“The land area in the reclaimed [land] is 40 hectares, so they’re now doing the masterplan for the full development,” GT Capital President Carmelo Maria L. Bautista told reporters after the company’s annual shareholders’ meeting in Makati City on Thursday, May 10.

Metro Park is being developed by Federal Land, Inc., GT Capital’s property arm. The company has so far opened one office building called iMet in the mixed use project. iMet is registered with the Philippine Economic Zone Authority and has a total of 10 office floors with a floor plate of 2,029 square meters each.

Mr. Bautista noted that there are also six towers and a retail mall being developed in the area. — Arra B. Francia





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