On Thursday, Megaworld, one of the leading real estate developers in the Philippines, announced that they would be building two new residential projects in Westside City, a prominent precinct in Manila’s famed Entertainment City. The project is expected to nearly double the number of units available in the area, growing from 3500 to nearly 5400.

Two new structures will be built as a part of the project. The first will be a 15-story building, the South Beach Place, which will have 582 units. The structure will have direct access to the Westside City Resorts World complex.

The other unit will be a 21 story tower with 1309 units included. Both complexes are expected to be completed by the year 2024.

The cost to build the two structures is expected to reach around Php 64 billion ($1.25 billion USD). That will come directly from Megaworld while another Php 57 billion ($1.1 billion USD) is expected to come from the Travellers International Hotel Group, which will be involved in the project as well.