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Sta. Lucia expands Cainta Mall, to build 5 residential condominiums


The Sta. Lucia Group of Companies is set to launch by the end of this year the expansion of its already vast Sta. Lucia Grand Mall complex in Cainta, Rizal.

Sta. Lucia Land, Inc. (SLLI) President Exequiel Robles said the project, dubbed as “Sta. Lucia City,” is a five-building residential condominium to be constructed on one of the four-hectare Sta. Lucia Grand Mall complexes, located at the corner of Marcos Highway and Imelda Ave. in Cainta.

Robles said initial development work has already started with the expansion of the mall and the al fresco brickroad sections.

The next phase will include the first two out of the five mid-rise condominium buildings designed by architect W.W. Coscoluella.

The development of the Sta. Lucia East Grand Mall complex is just one of the many development projects being undertaken by the company in 2010.

Also in the pipeline is the construction of the East Bel Air Residences on Imelda Ave., Cainta – another quality mid-rise condominium project with a clubhouse and complete sports facilities, located just a few minutes away from the Sta. Lucia Grand Mall.

The other projects of the company include the Splendido Taal Towers residential condominium in Laurel, Batangas; La Miranda luxury condominium project in Mactan, Cebu; Villa Chiara Residential Estate in Tagaytay; La Breza Tower residential condominium project on Mother Ignacia Ave. in Quezon City; Green Meadows project in Tarlac; Bauan Grand Villa in Bauan, Batangas; the high-end Bel-Air Residences near SM Mall in Davao City; and the Mesilo and Luxurre Residences in Dasmariñas and Alfonso, Cavite.

http://mb.com.ph/node/272597
 

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Wow! When LRT2 is finally extended, the buyers of these units will be ecstatic! Imagine....easy access through most of the Metropolis by rail...:eek:kay:
 

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wow...congrats...cainta...iba talaga ang dating kapag malapit sa syudad MM...naaanbunan ng developments ...good
 

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Discussion Starter · #11 ·
wow...congrats...cainta...iba talaga ang dating kapag malapit sa syudad MM...naaanbunan ng developments ...good
Yeah, and this isnt the only project rising in Cainta. Another project from Sta Lucia Land is East Bel Air to be constructed along Felix Avenue in Cainta. 6 to 7 level midrise condos.
 

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Discussion Starter · #13 ·
hindi sa malapit sa manila progresibo na, nakakabangon palang ngayon and sta. lucia kayat nagstart plang mkisabay sa high rise
Actually this is already their fourth vertical or highrise project of Sta Lucia Land. Other vertical projects of Sta Lucia are in Tagaytay (Splendido Tower 1, completed), La Breza Tower in Quezon City (just across ABS CBN in Mother Ignacia, completed and unit delivery will be third quarter of 2011), and La Mirada in Vista Mar Cebu (completed).
 

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Sta Lucia Land plans up to $150-M follow-on offer


By Zinnia B. Dela Peña (The Philippine Star) Updated March 08, 2011 12:00 AM
MANILA, Philippines - Sta Lucia Land Inc. (SLI), the publicly-listed property unit of the Sta. Lucia Group, expects to boost its public float to as much as 30 percent with its planned $100-$150 million follow-on offering later this year.
David M. dela Cruz, SLI senior vice-president for corporate finance, said the current public's shareholdings in the firm is only five percent but expects this figure to increase to around 15-30 percent by the fourth quarter this year or in the first quarter of 2012.
Dela Cruz said the follow-on offering is intended to comply with the bourse's 10 percent minimum public float requirement for listed companies.
The shares will be offered locally and internationally with Asian Alliance & Investment Corp. and UBS handling the issue.
Proceeds from the offering will be used to fund new projects and expand the group's tourism and leisure-related assets.
SLI has earmarked P11 billion over a five-year period to put up new residential, office and commercial projects.
Dela Cruz said the company may also tap borrowings to fund its aggressive expansion program, which will see SLI rolling out over 3,600 residential units this year to capitalize on a resurgent property market.
Among its new projects include the Sta. Lucia Towers (located beside the Sta. Lucia mall along Marcos Highway) and office buildings catering to the business process outsourcing sector.
The first two of the five-building Sta. Lucia Towers is slated for construction in the first quarter this year.
The Sta. Lucia Group has had a strong history of building quality projects having developed over 9,000 hectares of prime properties with over 200 projects nationwide.
It by far has served the middle-income segment by providing residential units while tailor-fitting amortization schemes to make the units affordable without comprising quality. It also ventured into retail with its 180,000 square-meter Sta Lucia Grand East Mall in Cainta, Rizal which provides a steady stream of cash flows to the company.
With a formidable sales force of over 120,000, the group has been able to market and develop projects all over the country, with major developments in key areas within and outside Metro Manila such as Cebu, Davao, Bacolod, Iloilo, Baguio, Rizal, Cavite, Laguna, Batangas, Nueva Ecija, Tarlac, Subic, Bulacan and Pampanga.
SLI was formed in 2007 through a backdoor listing by parent firm Sta. Lucia Realty & Development Inc. of Zipporrah Realty Ho
 

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This is good, I think this is the first high-rise project in Cainta, right?

And I do hope that a good pedestrian link (or a network even) will be available when the MRT2 Imelda Avenue station is completed. The area has great potential what with the Q-Plaza, SLE and Robinsons already well rooted there.
 

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Mali naman ata ang sta. lucia kasi sa statement nila Cainta pero sa location map nya Pasig located ang project.

Guys, this project is located in Pasig and not Cainta, ayon sa mga maps ko Pasig talaga.
 

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meron kasing boundary dispute ang cainta at pasig..:nuts:
Taxation kasi ang issue talaga dyan. Noong bata ako Pasig talaga ang area mula Vista Verde hanggang Sta Lucia at Q-Plaza. Pero pinili ng mga establishments na ito na magbayad ng buwis sa Cainta dahil mas mababa ang singil nito bilang bayan kumpara sa Pasig na isang siyudad.
 
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