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Ayala Land Inc. on Tuesday said it is investing P18 billion to develop a 290-hectare “new downtown” in Tarlac, the property developer’s 29th estate so far.

Dubbed as the Crescendo, the estate is located some 3 kilometers from the Subic-Clark-Tarlac Expressway (SCTEX) and MacArthur Highway, and accessible through the Tarlac-Pangasinan-La Union Expressway (TPLEX).

Some P5.5 billion of the total investment has been allocated to the first phase of development, which includes a 1.5-hectare civic plaza, church, school, retail strip, residences, transport terminal, and an industrial park.

This will be part of the estate’s 30-hectare urban core with a modern Filipino design with pocket parks and pedestrian promenades.
https://www.gmanetwork.com/news/money/companies/715174/ayala-land-investing-p18b-in-290-hectare-estate-in-tarlac/story/





 

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Hello, Skyscrapercity Philippines Central Luzon Chapter Tarlac Provincial Branch! This is going to be a bad news for the Hacienda Luisita Farmers, but a good news for the Tarlaqueño Industrial Workers. So, expect more intense rivalries between those two factions in that area.
 
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