Crescent Park Residences is a 29-story residential high-rise condominium project at the Fort Bonifacio Global City, the emerging business district in Metro Manila.
When it was launched in 2007, the project was labeled as a Build-to-Own (BTO) kind of development in which prospective unit owners have the option to choose between “model unit quality” (complete with furnishings of their own choosing) or “ready to receive finish” units that allow the unit owners to desing and furnish the units themselves.
LOCATION
Crescent Park Residences is situated at the Burgos Park in Crescent West, a prime residential area in Fort Bonifacio. Most residential projects in the area are situated in the “south” perimeter of Bonifacio Global City (near the American Cemetery) but Crescent Park is in the west end, sandwiched between the Manila Golf Club and the 2.7-hectare Crescent Park. The area where Crescent Park stands on is bounded by three major roads: EDSA, C5 and the South Luzon Expressway (SLEX). BGC has emerged not only as a business district but as a retail haven and has a number of international educational institutions like the British School of Manila, International School Manila, and the Manila Japanese School. The area is also home to the St. Luke’s Medical Center, considered the most fully equipped hospital in the country.
DEVELOPER
The project was developed by G&W Architects, Engineers, Project Development Consultants, the same developer of Blue Sapphire Residences and Sapphire Residences and pioneer in the BTO development concept. Crescent Park Residences is the company’s 7th BTO project in the Bonifacio Global City area. BTO is the latest concept in property development in which homeowners directly engage the service of a team of construction professionals who build their units at direct cost. As such, non-project-related add-on costs usually tacked on by middle-medn developers are eliminated. Aside from the cost savings, investors and end-users of BTO projects are given access to quality condominium development and property management services.
The architect-led property development firm has done over a thousand projects across the country in its more than 35 years in the industry.
CONSTRUCTION
The Crescent Park Residences high-rise condominium project was announced mid-2007 and broke ground in April 2008 and was topped off on February 18, 2010, earning for the project the distinction of being one of the few that finished on schedule.
DESIGN, FEATURES AND AMENITIES
Crescent Park Residences has features and amenities normally found in modern high-rise condominiums in the country today. It has an entrance lobby with a reception counter and lounge area, three high-speed elevators, a swimming pool beside a floral garden area, a kiddie pool, a paved sunbathing deck, a recreational area with shower and changing facilities, and a gazebo area with water features.
Another feature of Crescent Park Residences that sets it apart from typical condominiums in the country is that it offers low-density living at only four to eight units per floor. The floor area of the building also covers only a third of its total lot area, providing wide spaces for residents. Podiums in upper floors will house the condominium’s amenities.
The high-rise condominium also has a multi-purpose function room, a public game room as well as private game rooms, a gym, a centralized mail room, a landscaped garden with a fish pond and a Lanai area for outdoor pool parties. The tower also commercial space provisions at the ground and second floors as well as multi-level basement parking facility.
Typical residential features include individual mailboxes, provision for cable TV, two-line connection for telephone and high-speed Internet, piped-in gas direct to the kitchen, an automatic fire sprinkler system with smokle detectors, and a built-in exhaust system for toilets and kitchen.
DESIGN AND ROOMS
One unique thing about the units in Crescent Park Residences is the fact that each unit was designed to be a corner unit that provides panoramic views within the “Crescent West” area of the Bonifacio Global City.
To the north, the units open out to the Ortigas and Rockwell skylines, the south view, in turn, is of the Fort Bonifacio City Center, the west view is of the Makati skyline and the Manila Golf Club, and the east view is that of the Fort Bonifacio City Center and the West Crescent Park. Moreover, all bedrooms and living spaces have floor-to-ceiling windows.
The high-rise condominium has one, two and three-bedroom units, ranging size from 48 square meters up to 129 square meters. The one-bedroom unit is 48.82 square meters in size, the two-bedroom unit is 81.20 square meters big, while the three-bedroom unit occupies a space of 136.04 square meters.
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