Megaworld tops off 8 Newton Boulevard

MANILA, Philippines - Megaworld Corp. has topped off its first mixed-use tower, 8 Newtown Boulevard, at the 28.8-hectare The Mactan Newtown in Lapu-Lapu City, Cebu. The 18-story development is the first-of-its-kind project inside the P30-billion township which houses residential, commercial, and office spaces in one building. At the residential side, the four-tower residential cluster has over 643 units sold out to both local and foreign buyers. The office tower, on the other hand, has over 32,000 square meters of office spaces that are expected to employ an additional 10,000 workers. Its five-level podium will have commercial and retail establishments and a wellness hub.  Shown in photo during the topping off ceremony are (from left): Manuel C. Mendoza, president, Monolith Construction and Development Corp.; Levy Lopez, AVP for Visayas operation, Megaworld; Jericho P. Go, FVP for business development and leasing, Megaworld; Noli D. Hernandez, president, Megaworld Cebu Properties Inc.; Abigail Sumida, EVP and chief finance officer, TMS Global Consultancy Phils. Inc.;  and Teruo Sumida, chairman, TMS Global Consultancy Phils. Inc.