© Aboitiz Equity VenturesAll rights reserved
Powered by:
Infrastructure

Aboitiz InfraCapital Breaks Ground on Major Expansion of BIZ HUB at LIMA Estate, Reinforcing Role in Luzon Economic Corridor

LIPA CITY, Batangas — LIMA Estate, a key player in Southern Luzon’s economic growth, has unveiled plans for a transformative 40-hectare expansion of its BIZ HUB, increasing Batangas’ first master-planned business district to 70 hectares. This development, which sits within the nearly 1,000-hectare LIMA Estate, bolsters its position as a leading economic center, currently accommodating 180 locators, 71,000 employees, and over 4,000 households.

Strategically located in Lipa-Malvar, Batangas, LIMA Estate serves as a pivotal anchor in the southern section of the Luzon Economic Corridor. This prime location, coupled with the estate’s comprehensive and diverse offerings, uniquely positions it to leverage the vast opportunities presented by this economic corridor. By providing a holistic ecosystem that caters to industrial, commercial, and residential needs, LIMA Estate fosters a thriving environment that attracts investments, stimulates economic growth, and contributes significantly to the overall development of the region. This expansion of BIZ HUB further solidifies LIMA Estate’s role as a catalyst for progress in Southern Luzon, driving the region’s economic transformation and enhancing its competitiveness on a national and global scale.

Biz Hub at LIMA Estate, a 40-hectare expansion of the estate’s central business district in Lipa-Malvar, Batangas, is perfectly aligned with the rise of the Luzon Economic Corridor. This strategic move not only fuels rapid economic development within the province but also generates a ripple effect of prosperity throughout the region.

“The Aboitiz Group has proudly served this community for over a decade,” said Rafael Fernandez de Mesa, President of LIMA Land and Head of Aboitiz InfraCapital Economic Estates. “Our continuous investment in LIMA Estate underscores our confidence in Batangas’ potential as a top-tier investment hub and reaffirms our commitment to supporting the government’s vision of a prosperous, inclusive, and resilient society. We see ourselves as partners, providing world-class facilities to help investors capitalize on the Philippines’ advantages.”

Cosette Canilao, President and CEO of Aboitiz InfraCapital, added, “We are glad for the government’s recognition of the opportunities that lie in this area, and for their commitment to unlocking its full potential with real support and investment. As always, we at Aboitiz InfraCapital are ready to work with the public sector to drive nationwide economic growth that benefits all Filipinos.”

A Thriving, Sustainable Ecosystem

BIZ HUB’s thriving ecosystem has already set a new standard for living and working in LIMA Estate, offering a seamless and holistic experience within a single, vibrant destination. “BIZ HUB at LIMA Estate will be a key component in further transforming this unique ecosystem for growth,” Fernandez de Mesa asserted.

LIMA Estate masterfully blends cutting-edge industrial facilities with a vibrant office park, creating a dynamic environment where business thrives. At its heart, a bustling lifestyle hub anchored by The Outlets at Lipa and LIMA Exchange draws residents and visitors alike, while expansive green spaces like The Aboitiz Pitch offer opportunities for recreation and community building. An interconnected ecosystem is further enhanced by a convenient network of electric buses, ensuring seamless connectivity throughout this thriving urban landscape.

“This focus on a holistic environment enriches the experience for businesses, attracts high-caliber talent, and ultimately creates a place where people want to live and thrive,” added Fernandez de Mesa.

LIMA Estate’s award-winning business district already includes a public transport terminal, The Outlets at Lipa, Aboitiz Pitch, Lima Exchange, Lima Tower One, and a Holiday Inn & Suites.

Beyond its lifestyle offerings, LIMA Estate’s allure is enhanced by a robust foundation of world-class infrastructure. Backed by the Aboitiz Group’s diverse expertise, the Estate boasts seamless access to reliable services, including power, water, telecommunications, housing, construction, banking, and finance, as well as cutting-edge smart city technology. This comprehensive support ensures a seamless and efficient experience for residents and businesses alike, further solidifying LIMA Estate’s position as a prime investment and lifestyle destination.

LIMA Estate further stands out for its unwavering commitment to sustainable development. As the first and largest 5-Star BERDE-District Certified Estate in the Philippines, and recipient of the Smart City Award from the ESG Business Awards 2023 and the Best Green Development in the Philippines in 2022 & 2023 from PropertyGuru, LIMA Estate champions environmental stewardship through various initiatives. These include utilizing renewable energy sources, implementing smart water management systems, incorporating green spaces and promoting active lifestyles, maintaining robust waste management programs, and investing in upskilling local talent. This holistic approach to sustainability creates a vibrant and thriving community where people not only find career opportunities but also a fulfilling and eco-conscious lifestyle.

BIZ HUB at LIMA Estate has also garnered prestigious accolades from PropertyGuru, including the Best Central Business District in the Philippines in 2022 and the Best Mixed-Use Development in the Philippines in 2023. These awards recognize the exceptional quality and diversity of its offerings, underscoring LIMA Estate’s position as a leading industrial and commercial hub. This recognition is a testament to our commitment to creating a vibrant, sustainable, and inclusive community that attracts investments and fosters economic growth.

Philippine Economic Zone Authority Director General Tereso Panga added, “The Biz Hub signifies a pivotal moment in ecozone development as we continue to transform our ecozones into integrated and mixed-use developments, smart, self-containing, and self-sustaining township, where our investors, their families and the community can work, live, and enjoy. We are positive that this new venture will be a blueprint, one that will be emulated by top developers and business leaders in the country.”

The expansion of BIZ HUB at LIMA Estate, featuring 21 commercial lots ranging from 1,100 to 2,300 square meters each, not only solidifies LIMA’s position as a premier industrial and commercial hub in the Philippines and Asia, but also ushers in a new era of mixed-use development in Southern Luzon, seamlessly integrating business and lifestyle within a vibrant live-work-play environment.

What do you think?

Responses: 0