Monday 16 July
Powered by Ajaxy
Apr 19, 2017 @ 18:24

Ayalas embark on more urban townships


Property giant Ayala Land Inc. is scaling up its presence nationwide with three new estates located in Davao, Cavite, and Quezon City planned for launch within the year.

ALI president Bernard Vincent Dy told reporters following the company’s annual stockholders meeting that the group was gearing up for the launch of the 250-hectare Evo City in Cavite, the 25-hectare Azuela Cove in Davao and the 35-hectare venture with the group of taipan Lucio Tan.

EVO City will be the first of its kind central business district in Kawit, Cavite that is well-positioned to become a significant growth center in the region. It will feature a balanced mix of high- to mid-rise commercial and institutional developments, as well as low-rise residential options.

Azuela Cove, on the other hand, is set to be transformed into a masterplanned, mixed-use community that will include residential low to mid-rise towers, commercial lots, offices, an events venue and a waterside cove with some retail components. It is a joint venture between ALI and the Alcantara Group’s Aviana Development Corp.

The planned township with Tan, on the other hand, is located along the C5 corridor spanning Pasig and Quezon City.

Tags: , , , , , , , , , ,

Related Stories
Albee Benitez's official net worth pierced the P1 billion level as he became the third
"May pera sa basura" may soon be real.
The Quezon City local government has given Ayala Land Corp, the green light to build
Suntrust Properties Inc., a wholly-owned subsidiary of Megaworld Corp. has acquired 42-year old property firm


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.