Company: Filinvest Alabang, Inc. Company Description: One of the Philippines' foremost real estate developers, Filinvest Alabang, Inc. (FAI) is the subsidiary of Filinvest Development Corporation that specializes in the development of modern & sustainable mixed-use townships, as well as world-class residential & office developments that complement & prime these estates. Nomination Category: Company / Organization Categories Nomination Sub Category: Company of the Year - Real Estate - Large
Nomination Title: Filinvest Alabang, Inc
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since 1 January 2020, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):
Total 194 words used.
A subsidiary of Filinvest Development Corporation (FDC), one of the leading, stable and diversified conglomerates in the Philippines, Filinvest Alabang, Inc. (FAI) is a visionary developer of modern, sustainable, mixed-use townships, as well as world-class residential & office developments that complement these estates. FAI was originally incorporated in 1993 for the development of the expansive 244-hectare Filinvest City, a joint venture with the Philippine government. Almost three decades later, Filinvest City is now a multi-awarded, future-ready and thriving live-work-play township and FAI has evolved into a full-range developer with its products serving different market segments. FAI remains committed in building the Filipino dream by allowing its market to own their homes, build their legacies & craft the lifestyle they aspire. FAI also continues to be a catalyst for nation-building with its development of townships & workspaces that serve as the economic core of the communities it serves. We believe that our having received Company of the Year – Real Estate (Large) and the People’s Choice Stevie® Award for Real Estate in the International Business Awards for the past two years is a nod to our passion for building for customer delight & community enrichment.
- If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2020 that you wish to bring to the judges' attention (up to 250 words):
Total 235 words used.
FAI believes that building nature-inspired, people-centric developments that intentionally are more generous in open spaces and focused on enhancing the human scale experience is integral to creating long-term value. It is exactly this ethos that has steered how FAI has been managing its various townships across the country. Its flagship township, Filinvest City, is a fully integrated, self contained, award winning urban destination. Its master plan is uniquely distinct with natural environs respected & preserved, and an integrated park system that spans across the township to connect several smaller, but complete ‘districts’ replete with business, residential and commercial buildings that encompass a vibrant live, work, and play lifestyle. In the last few years, FAI embarked on a re-masterplan effort to introduce even more curated open spaces, including Spectrum Linear Park, a tree-canopied greenbelt with public art & seating areas that was a result of reducing the width of one of the township’s central spine roads. 2022 has seen the completion of the Central Park Great Lawn a one-hectare open space perfect for sports & recreation. Installations such as a playground, outdoor gym equipment & mural art, bike & e-scooter rentals, fitness & sport activities like Zumba & HIIT sessions, musical performances & a food bazaar have given the community various opportunities to relax & recharge with their loved ones. Since its opening, the park regularly welcomes at least 2,000 Cityzens in weekly foot traffic.
- If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):
Total 235 words used.
With its sustainable, people-focused design, Filinvest City recently received a 3-Star certification for the PHILGBC’s pilot BERDE Districts program for large horizontal developments, making it the only CBD in the Philippines to receive both LEED Neighborhood Development and BERDE certifications. More important than these certifications per se however is the community’s experience on the ground. FAI believes that its intentional planning & development and conscious focus on inclusive mobility, sustainability & resilience have enabled healthier lifestyles for its Cityzens and have allowed them to be adaptive in spite of the uncertainties brought about COVID-19 resurgence. Filinvest City is proof of concept that sustainability improves the community’s quality of living, which in turn affirms the development’s brand value, and ultimately enhances land values. Third-party research has shown that Filinvest City has lodged the highest growth among all business districts in Metro Manila with a CAGR of 20% over the last 6 years. FAI’s people-centric development principles extend as well to its residential developments which are designed to deliver real value to its owners and investors as they capture their intended market’s unique lifestyle requirements & preferences, while remaining flexible to situational changes over time. This mindfulness in property development has allowed FAI’s new launches over the last two years, such Botanika Nature Residences Tower 2, Golf Ridge Private Estate, 1001 Parkway Residences and Studio N, to thrive even in a market heavily impacted by the pandemic.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 21 words used.
Filinvest City's BERDE Districts Certification is included as an attachment, while the different videos showcase our world-class townships and residential developments.
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