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LIMA Estate: A Flourishing Business and Community Hub with a 40-Hectare Expansion on the Horizon

Press Release

February 15, 2024

Located south of Metro Manila, the business hub of LIMA Estate in Lipa and Malvar, Batangas, is rapidly evolving into a coveted lifestyle district. Boasting expansive green spaces, diverse shopping options, and vibrant community events, it has become a sought-after hub for both residents and businesses.

LIPA CITY, Batangas – Just an hour’s drive from Bonifacio Global City and Makati City, the business district at LIMA Estate is emerging as the next rapidly growing lifestyle destination south of Metro Manila. Drawing in young professionals and families seeking respite from the metropolitan bustle, this 30-hectare business hub offers a diverse range of experiences to cater to the evolving needs of businesses and individuals.

LIMA stands out as an emerging business hub, offering a distinctive fusion of amenities and a steadfast commitment to smart technology and sustainable practices. Rafael Fernandez de Mesa, Head of Aboitiz InfraCapital Economic Estates, articulates, “Our vision for LIMA is to create a dynamic, innovative, and socially responsible urban center that resonates with the lifestyles of Batangueños and those seeking an appealing alternative outside Metro Manila. Through our expertise and strong partnerships, we have been instrumental in driving growth and shaping urban spaces tailored to meet everyone’s needs.”

Positioned as a pivotal player in the region’s economic landscape, the business hub at LIMA Estate hosts The Outlets at Lipa, Luzon’s largest outdoor mall, featuring 167 global and local brands. The mall has transformed into a sought-after lifestyle destination, offering not only diverse shopping experiences but also hosting attractions like carnival rides and a lively weekend night market.

In 2023, The Outlets at Lipa experienced a notable increase in commercial spaces, recording an impressive 27% growth. The surge welcomed 30 new brands, both local and global, enriching the mall’s already diverse offerings. Noteworthy additions include Mr. D.I.Y, Pick Up Coffee, Cafe Mary Grace, and the first Batangas location of Nono’s restaurant. Looking ahead to 2024, Batangueños can anticipate the arrival of brands such as Power Mac Center, Skechers USA, Mama Lou’s Italian Restaurant, and the Happy-Go Department Store, further enhancing the mall’s appeal.

The Outlets at Lipa offers a relaxed atmosphere with a diverse range of local and international retail brands and restaurants, catering to the preferences of both Batanguenos and visitors.

Beyond commerce, the district hosts cultural and sports events to foster community engagement. The Outlets at Lipa transforms into a versatile events destination, hosting concerts and community events. Aboitiz Pitch, Luzon’s largest multi-sport turf, stands as a testament to the community’s dedication to sports, hosting prestigious events like the annual Aboitiz Football Cup, PFL, and NCAA South Football Cup.

LIMA Exchange, hosting the Estate’s transport terminal, Robinsons Supermarket, and Handyman, ensure daily conveniences, while LIMA Park Hotel caters to the leisure and business needs of locators within LIMA Estate’s Industrial Hub, as well as Batanguenos and travelers alike.

The upcoming launch of LIMA Tower One, the first of seven towers in LIMA’s Office Park, is a significant step in supporting the needs of growing companies, especially in IT and business services. Set to open in Q2 2024, this tower offers seven stories of modern office spaces, aligning with the trend of allowing employees to work closer to home.

LIMA Tower One is gearing up for its highly-anticipated launch, ready to welcome IT-BPM companies eager to expand their operations beyond Metro Manila.

In response to the shift towards flexible work arrangements, LIMA Tower One provides a practical and contemporary workspace solution. With well-designed offices and convenient ground-floor retail areas, the tower is an attractive option for businesses looking to establish a presence outside Metro Manila. This initiative reflects LIMA’s commitment to creating versatile workspaces that cater to the diverse needs of businesses, promoting an environment conducive to growth, innovation, and collaboration.

The business district at LIMA Estate stands at the cusp of an exciting phase, inviting investors to become integral members of its flourishing community. Aboitiz InfraCapital is set to propel the district’s growth through a strategic expansion of an additional 40 hectares in the first half of 2024, offering commercial lots as part of this expansion. This plan encompasses a mix of commercial, retail, mixed-use, and residential spaces, presenting a unique opportunity for strategic investments to contribute to the evolving landscape.

LIMA Estate has been recognized for its commitment to Environmental, Social, and Governance (ESG) standards, receiving prestigious awards such as the inaugural Smart City Award from ESGBusiness Awards, PropertyGuru Property Awards for sustainable practices, and multiple BERDE District Certifications from the Philippine Green Building Council for LIMA Estate, LIMA Tower One, and The Outlets at Lipa. These certifications underscore LIMA’s dedication to environmental compliance and sustainable practices.

“At LIMA Estate, we prioritize innovation, community engagement, and sustainability. By embracing a more holistic approach, we are paving the way for the future of central business districts not only in the Philippines but also around the globe. We encourage potential residents, businesses, and investors to be part of this dynamic and sustainable community,” said Fernandez de Mesa.

The business hub at LIMA Estate is evidence of Aboitiz InfraCapital Economic Estates’ commitment to creating spaces where residents and businesses thrive harmoniously, where innovation meets sustainability, and where the future of urban living is being redefined in every thoughtful detail. It holds a promising future as the next fast-rising lifestyle destination in the south of Metro Manila.

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