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|January 13th, 2009, 02:20 PM||#1|
Join Date: Sep 2005
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The Magnolia Residences [35Fx2|36Fx2|mix|u/c]
RLC to develop Magnolia property into master-planned gated community
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Robinsons Land Corp. (RLC) formalized the purchase of a five-hectare prime property from San Miguel Properties, Inc. (SMPI). Shown after sealing the agreement are (from left): Gil C. Somblingo, SMPI legal director; Karlo Marco P. Estavillo, SMPI general manager; Jeronimo U. Kilayko, SMPI president; Mybelle Aragon-Gobio, RLC vice-president for business development and Chat Maliglig, RLC legal director.
Plans to develop a master-planned gated community to what is now the Magnolia head office of Nestle Philippines is now underway as Robinsons Land Corp. (RLC) recently announced its purchase of the five-hectare prime property from San Miguel Properties, Inc. (SMPI).
The sprawling piece of land located in New Manila, Quezon City is bounded by three major roads, the bustling Aurora Boulevard, and the tranquil and secure residential access roads of Doña Hemady Avenue and N. Domingo Street. RLC plans to build a mixed-use complex consisting of residential condominiums and commercial complex.
“RLC is very optimistic about the prospects of the project,” said RLC president and chief operating officer Frederick D. Go, adding that the move to develop the Magnolia property strengthens RLC’s position as the industry leader that develops communities which allows one to work, shop, play and live in one complete setting.
Once developed, residents of the gated residential community will enjoy the convenience of living beside its very own mall and the comforts of being near exclusive schools like Saint Paul University, De La Salle University, Xavier School and Immaculate Concepcion Academy. The property is also very near well-known hospitals like St.Luke’s Medical Center and Cardinal Santos Medical Center. And since the area is bounded by Aurora Boulevard, commuting to and from end points of Manila and Quezon City will be a breeze through the LRT Line 2 station.
The project is envisioned to be the first high rise development in the area that will bring a new beat to traditional city living while at the same time embracing the tempo of the serene and secure neighborhood that is unique to New Manila’s upscale neighborhood.
Recently, RLC commissioned RTKL, an internationally renowned master-planner, to draft the conceptual drawings for the whole complex while ASYA Design Partners, another reputable design firm, has been tasked to create designs for the residential component of the development.
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Robinsons Land Corporation
International Marketing Dept.