DAVAO | Abreeza - Ayala Mall [4F|com]

[tj_brewed]

Ayala Land partners with three firms for Davao dev’t
ABS-CBNnews Online

Property giant Ayala Land Inc. has teamed up with three other companies to develop a nine-hectare property in Bajada, Davao City into a mixed-use community, consisting of retail and business process outsourcing (BPO) facilities.

Ayala Land has entered into agreement with Anflo Management & Investment Corp., Pioneer Trading & Supply Co. Inc. and Davao Motor Sales Co. for the project, which was estimated to cost an initial P2.31 billion.

The project would involve a 40,000-square meter retail development and a 20,000-sqm BPO development.

Ayala Land has a 67-percent equity in the project.

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Ayala Land in P2.3-B Mindanao project
Business.Inquirer.Net

Ayala Land Inc. will embark on a P2.31-billion mixed-use project in Davao City, its first retail and business process outsourcing (BPO) venture in Mindanao, the company told the stock exchange.

It has entered into a joint venture agreement with landowners Anflo Management and Investment Corp., Pioneer Trading and Supply Co. Inc. and Davao Motor Sales Co. to develop a nine-hectare property in Bajada, Davao City, Ayala Land senior vice president Jaime Ysmael said in a disclosure to the exchange.

Ysmael said 40,000 square meters of the property was earmarked for retail development and 20,000 sq. m. would be for BPO development.

The project is estimated to cost P2.31 billion, with Ayala Land’s equity investment in the project equivalent to 67 percent, he said.

[tj_brewed]

Location: Bajada, Davao City
Land Area: 9 has.
Development Type: mixed use
Initial Budget: 2.31 Billion Pesos
The plan includes:
- a mall
- IT building
- townhouses (tentative)

[tj_brewed]

Originally Posted by abskess

Official says Anflocor to intensify diversification
By Carmelito Q. Francisco

PANABO CITY, Davao del Norte—The Anflo Group of Companies is set to intensify its diversification of businesses in the next five years as it eyes another partnership with the Ayala Land Holdings Incorporation for property development in Cagayan de Oro City.

Former Davao del Norte congressman Antonio Floirendo Jr., vice chair of the company, said there were already initial discussions between his company and that of the Ayala company for the project, but this will not probably materialize until two years from now.

“We will continue to diversify. We don’t want to be stuck in agriculture development,” Floirendo told the Times during his birthday celebration here at the company’s main subsidiary, the Tagum Agricultural Development Corp., one of the top producers of exportable bananas in this part of the country.

Floirendo said the company was also contemplating on developing another property in Tagurano Toril, although there was no discussion yet on what aspect of development will the area be converted into.

Tagurano is near the foot of the country’s tallest peak, the Mount Apo , and is ideal for eco-tourism.

“We have been successful in land banking, so we will now make use of these properties (for investment purposes). We will go into more land development projects,” he said.

Last month, the company, through its subsidiary, the Anflo Management and Investment Corp., signed a partnership agreement with the Ayala Land Holdings Inc. for the development of a nine-hectare property into a mini-city.

The P2.3 billion commercial complex, said Ricardo Floirendo, younger brother of Mr. Floirendo and vice chair of the company for South Operations, will have a commercial center, and information technology park and even town houses.

Floirendo said the Ayala by the Ayala company which revealed that young professionals who are members of the middle class want a mall with a garden concept.

Aside from this project, the company, through another subsidiary, the Damosa Land Inc. is also running a two-hectare information technology park in Lanang which a call center company, the Link2Support, has been expanding due to the space requirement of the locator.

Meanwhile, the elder Floirendo said that the company will strengthen the transparency of its operations as he and his namesake father, Don Antonio O. Floirendo Sr., the founder and chair of the company, join hands in reshaping the company.

“We will be transparent,” the younger Floirendo said during his 56th birthday, emphasizing that the company will find new direction as he, his father and siblings handle its day-to-day operations.

The family patriarch resumes chairmanship of the company after Davao del Norte Gov. Rodolfo del Rosario, brother of his wife Nenita, retired as its chair on September 1.

There were reports that there was animosity between del Rosario and the younger Floirendo as the gubernatorial race in May even resulted in controversy. It all started when Floirendo announced his candidacy for governor of the province even after his cousin, Anthony del Rosario, son of the governor and then the vice governor, already filed his candidacy.

Floirendo waa a three-term representative of the Second District of the province to the House of Representatives.

This prompted the younger del Rosario to withdraw his candidacy, but his father then announced he was running. When the elder del Rosario announced that he was running for the post, Floirendo withdrew his candidacy as the family claimed it was preserving its unity.

Del Rosario then ran and handily beat the incumbent, Gelacio Gementiza, his former vice governor when he held his second gubernatorial rein until 2004. It was in 2004 when the elder del Rosario decided to support Gementiza’s quest for the post as he concentrated on being the campaign manager of then candidate Gloria Macapagal Arroyo for president.

Despite the rumors that the younger Floirendo and his uncle were not in good terms, other family members, including del Rosario’s son told the Times then that all was well in the family.

[tj_brewed]

Anflo, Ayala for P2.3B dev’t project in Bajada

THE Floirendos of Davao City are partnering with the Ayala Land Inc. for a P2.3 billion mixed land use development project in Bajada in 2008, City Councilor Peter Laviña said.

Laviña, chairman of the city council committee on trade, commerce and industry, said the Floirendos under the Anflo group of companies would be developing their nine-hectare land in front of Redemptorist Church.

“The development will be a mix-use property where there are retail store resembling a mall, an IT Park and a product processing operation area,” Laviña said.

He added that around four hectares will be used for the retail facility while two hectares will be used for the construction of an IT Park.

“This may be the biggest investment in the city for the next year,” Laviña said.

Laviña encourages developers to register with the Davao City Investment and Promotions Program to avail of incentives as well as partner with the city in more business-generating ventures. By Grace L. Plata

Sun.Star Davao

[Peng Hok]

Originally Posted by tj_brewed

Location: Bajada, Davao City
Land Area: 9 has.
Development Type: mixed use
Initial Budget: 2.31 Billion Pesos
The plan includes:
- a mall
- IT building
- townhouses (tentative)

Sayang yung space if townhouses...

[abskess]

Yaaaaahhoooo! let's do it goys!

[WawaY[625]]

the density is headed north

[tj_brewed]

I agree.....pero d naman tayo nagpapahuli sa South eh...

we have Eco4000, One Oasis, and SM! ehehehehehehhe

[tj_brewed]

This is what we posted around six months ago before the press release...ehehehehhehehehehehe And that's now the site of the upcoming development of Ayala Land. By the way, ALI has to do something with those houses sa gilid....uhmmmm is that a subdivision ba? or what?

Anyway, Im logging off na jud! late na ako sa workout cya laterz

[WawaY[625]]

teej may copy ka nyan pic na yan na walang labels? tnx

hehe if that (ayala) area booms, magiging ganito na ang davao soon

[tj_brewed]

Originally Posted by WawaY[625]

teej may copy ka nyan pic na yan na walang labels? tnx

hahanapin ko...sa net ko lang din to nakuha eh

[tj_brewed]

Originally Posted by WawaY[625]

Nice one waway! However, I do have a concern with the road traversing from G-Mall to this area and flyover to this point. Baka kc magkatraffic in the nearest future. Ive noticed na iisa lang ang dinadaanan ng peeps going to Victoria Plaza, Pryce Business Park and Ayala Land's project.

[tuxedo_blue]

Originally Posted by WawaY[625]

teej may copy ka nyan pic na yan na walang labels? tnx

hehe if that (ayala) area booms, magiging ganito na ang davao soon

cool! Go davao!