First Georgetown Ventures planning to open The Grid Co-Living in January

First Georgetown Ventures planning to open The Grid Co-Living in January

FIRST Georgetown Ventures, Inc. (FGVI) is set to open in January a new community-based complex, The Grid Co-Living, in Makati City.

FGVI recently appointed Hospitality Innovators, Inc. (HII) to operate The Grid, a 10-storey building located along Yakal, Lumbayao, and Bakawan Streets, in San Antonio Village, Makati City.

The Grid’s first two floors are allocated for commercial establishments and the rest for residential living.

“We chose to partner with HII given their well-established reputation and experience in operations and property management of hotels, resorts, and serviced apartments. We want to be able to serve our clients well and, at the same time, we want our building to be properly maintained. We believe that HII is the perfect partner for these objectives,” FGVI President Kristopher Yang said.

The Grid targets office workers, medical frontliners, and students who want to live near their workplaces and schools in Makati.

“The influx of working professionals in Makati and the horrible traffic going to and from workplaces prompted us to venture into a co-living project. We envision The Grid to be the young urban workers’ home near their offices. We hope that cutting their travel time to and from work would improve their overall well-being,” Mr. Yang said.

The Grid offers different unit types such as single (13.67-13.91 square meters), triple (14.18-17.52 sq.m.), and quadruple (15.98-20.71 sq.m.), which include bunk beds.

For four-in-one  (36.1-39.99 sq.m.) and eight-in-one (36.1 sq.m.) units, there are multiple rooms with single beds, a shared kitchen and living/dining space.

Amenities include a swimming pool, gym, roof deck, retail shops, and several open spaces.

The company, led by George Yang, operates hotels in Laguna and El Nido, Palawan. FGVI also develops primary and secondary homes catering to the middle-income segment.

HII has over 24 years of experience in hotel and property management. It currently has 17 properties in its portfolio, including Hue Hotels & Resorts Boracay & Puerto Princesa, Charlie’s El Nido, The Picasso Boutique Serviced Residences, Parque España Residence Hotel, and Harvest Hotel. — Cathy Rose A. Garcia

Check Also

Debt yields decline on dovish Fed

Debt yields decline on dovish Fed

YIELDS on government securities (GS) went down last week due to dovish signals from the …

Leave a Reply

Your email address will not be published. Required fields are marked *