Written By: Amy R. Remo
Federal Land Inc. marks its 50th year with a rich, profound legacy.
This pioneering developer has already—and impressively—seen the fruition of the noble vision laid down by its founder, the late visionary, business icon and philanthropist George S.K. Ty. Not only has it become a respected prime mover in the local property scene, Federal Land has also stood out as a progressive trendsetter, marking many firsts as it continues to build great homes, develop dynamic communities at par with the rest of the world, and more importantly, create properties that contribute to the economy and in nation building.
Federal Land—the property arm of GT Capital Holdings and backed by the Metrobank Group—is a premier real estate developer with a curated portfolio of innovative residences, retail spaces, premium grade offices, upscale hotels, and masterplanned communities that create a positive impact for generations. Its name has fittingly become synonymous with excellence, innovation, distinction, and integrity.
Passion for architecture
Federal Land traces its beginnings from the late Dr. Ty’s passion and fascination for architecture, which he expressed by designing some of Metrobank’s branches. From banks, he moved on to sketch homes, paving the way for the creation of Federal Homes Inc. in 1972.
The company chose Binondo—a thriving district in Manila touted as the world’s oldest Chinatown—as the site of its first residential condominium project called Soler Tower.
This marked the exceptional beginnings of its legacy portfolio in Binondo that would later be expanded to include townhouses along Roxas Blvd. and United Nations Ave., and the GT Tower International along Ayala Avenue in Makati City, considered as one of the most striking and recognizable high-rises in the Philippines’ unrivaled financial capital. It also acquired 36 hectares of reclaimed land in Pasay where its burgeoning township, Metro Park, now stands.
As the company grew its portfolio and footprint, it took on a new name as well in 2002. From Federal Homes, it became Federal Land—an important turning point in its history, signifying a commitment to raise the bar anew in real estate developments that would not only reshape the urban landscape but could also inspire and endure.
The early 2000s witnessed Federal Land’s rapid expansion that launched prime developments. The last decade, in particular, saw it delving into mixed-use developments and townships that offer holistic living experiences—Metro Park in the Bay Area in Pasay, Grand Central Park in Bonifacio Global City, Marco Polo Residences in Cebu City, Tropicana Garden City in Marikina City, and Florida Sun Estates in Cavite.
All these send a clear, powerful signal that Federal Land is indeed in league with the country’s most prominent property developers.
Next wave of growth
That the company is one of the strongest real estate players today is unsurprising. But despite its tremendous successes over the decades, Federal Land is raring to do more.
Keeping ahead of its game, Federal Land has partnered with some of the most trusted names in the international scene and in the process, pioneered more legacy projects that continue to redefine, elevate and transform the local cityscape.
Federal Land partnered with Japan’s Orix Corp. and Tange Associates for The Grand Midori in Makati and Ortigas, and with Marco Polo Hotels for the Marco Polo Plaza Cebu and Marco Polo Residences. For Grand Hyatt Manila and Grand Hyatt Manila Residences, it partnered with Orix and Hyatt Hotels, while Japanese giants Nomura Real Estate Development Co. Ltd. and Isetan Mitsukoshi Holdings Ltd. came in for The Seasons Residences and the first MITSUKOSHI in the Philippines.
Together with SM Development Corp., Federal Land is also building The Estate Makati, an ultra-luxurious condominium that will have the world renowned Foster+Partners as its architecture firm.
Earlier this year, Federal Land established Federal Land NRE Global, Inc. to further strengthen its strategic alliance with Nomura Real Estate.
Federal Land has clearly sustained its growth momentum over the last five decades—with 65 completed projects, five communities, 13 active residential projects, six office towers, four malls and two hotels spread across 11 key locations in Metro Manila, South Luzon and Cebu.
Besides its culture of development excellence, it is, after all, backed by GT Capital Holdings, a conglomerate with established companies that included Metrobank, Toyota Motor Philippines, AXA Philippines, Metro Pacific Investments, Toyota Financial Services, Toyota Manila Bay Corp. and Sumisho Motor Finance Corp.
Without a doubt, Federal Land is poised to deliver more landmark developments and masterplanned communities, as evident in its rich legacy and remarkable achievements, which give hope for a brighter, more promising future—50 years and beyond.
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