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Cresendo

ALI invests P18 billion in Tarlac City estate

AYALA LAND, Inc. (ALI) is investing P18 billion to build a 290-hectare estate in Tarlac City.

The real estate arm of the Ayala group presented on Tuesday its “modern local community” project in Tarlac called Cresendo, is situated 40 kilometers from the Clark International Airport and about 15 kilometers from the New Clark City.

ALI broke ground on the first phase of Cresendo last week. The property giant has so far received reservations for six lots, equivalent to P500 million, in the estate’s industrial park.

ALI is allocating P5.5 billion for the development of Phase 1, which includes construction of the Cresendo Industrial Park (CIP), a residential project under Avida brand, a commercial space, and retail area. The estate will also host Don Bosco Technical Institute, which will open its senior high school in 2022.
In a briefing in Makati City on Tuesday, Cresendo Project Head John R. Estacio said the development’s Phase 2 will focus on the development of residential spaces and shop houses, while Phase 3 will involve further residential expansion and construction of other commercial formats.

The company expects the entire 290-hectare project to be completed in 10 to 15 years. About 59% of the property will be allocated to residential spaces, 31% for a town plaza and open spaces, 11% each for commercial and industrial spaces and 3% for institutional establishments such as the school and a church.
​
ALI is offering commercial lots surrounding the Cresendo central plaza with sizes ranging from 500-2,000 square meters (sq.m.).
At the CIP, industrial lots, ranging from 2,000-10,000 sq.m., are for sale at P6,000 to P9,000 per square meter. The industrial park aims to attract companies from light to medium industries.
“Our vision is to encourage more homegrown entrepreneurs and new businesses at Cresendo. The property is strategically located and has a young and growing population that makes it one of the promising areas in the region,” Mr. Estacio said in a statement.
In the years to come, Mr. Estacio said ALI wants to bring its Alveo Land brand to Cresendo as well. It is also in talks to bring health providers into the development.
​
Shares in ALI went down 0.30 points or 0.64% to P46.50 each on Tuesday. — Denise A. Valdez
https://www.bworldonline.com/ali-invests-p18-billion-in-tarlac-city-estate/
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  • Home
  • Properties in Pampanga
  • House and Lot
    • San Fernando >
      • Aspire Prime Residences
      • Amaia Scapes San Fernando
      • Bria Homes San Fernando
      • The Hauslands Pampanga
      • Park Place
      • La Aldea Fernandina
      • Horizon Residences
      • Montana Strands
      • Montana Views
      • Woodgrove Park
      • Sendara Plains
    • Mexico >
      • Lakeshore
      • Flavorscapes at Lakeshore
      • The Palms at Lakeshore
      • Berkeley Residences Pampanga
      • Camella Sorrento
      • Beverly Place
      • Fiesta Communities Mexico
      • Ajoya Pampanga
      • Amaia Scapes Pampanga
    • Angeles >
      • Nouveau Residences
      • Aldea Grove Estates
      • Mansfield Residences
      • Timog Residences
      • Deca Clark Resort Residences
      • Solana Frontera
    • Mabalacat >
      • Cheerful Homes
      • Austine Homes
      • Claremont
      • Fiesta Communities Mabalacat
    • Porac >
      • Alviera >
        • Corvia
        • The Greenways
        • Montala
        • Northdale
        • Greendale
      • The Arcadia
      • Camella Pampanga (Porac via Angeles)
      • White Plains Porac
    • Magalang >
      • Hamana Homes
      • Bria Homes Magalang
      • Phirst Park Homes
      • Highview Haciendas
    • Bacolor >
      • Hampton Orchards
      • Solana Casa Real
    • Minalin >
      • Highview Residences
    • Apalit >
      • Camella Apalit
    • Floridablanca >
      • Madison Homes
  • Condo
    • San Fernando >
      • Azure North
      • Capital Town >
        • Chelsea Park Place
        • Bryant Parklane
        • Montrose Parkview
        • Shophouse District
    • Angeles >
      • Rockwell Center Nepo Angeles
      • Now Residences
      • Bayani Hall Twin Towers Angeles
      • Jewel Residences
    • Clark >
      • Green Garden Clark
      • Besco Clark Residences
      • Golf Ridge Private Estate
  • Resale
  • Inquiry
  • News and Events
    • Revolution Precrafted pushes design democratization
    • Revolution properties has designer homes, now precrafted for ease of access and at a fraction of the cost
    • Your First Look At The Designer Prefab Homes Coming To Manila
    • World’s first livable art park is here
    • Century Properties to launch P10.6-billion projects through 2018
    • Century Properties’ 1st tourism project rakes in P1.7B sales
    • Precrafted homes to rise in Pampanga
    • PH company in $3.2-B deal with Dubai firm
    • Seven Tides seals $3.2bn deal to build luxury villas
    • Tie-up sealed for building homes, stores in Lakeshore
    • Robbie Antonio's Unicorn Startup Seals $3.2-B Deal to Build Luxury Villas in Dubai
    • Revolution Flavorscapes Launch
    • Robbie Antonio's Unicorn Startup Seals $3.2-B Deal to Build Luxury Villas in Dubai
    • Philippine unicorn Revolution Precrafted enters Myanmar in pact with KT Group | Revolution Flavorscape
    • Philippines' first 'unicorn' disrupts property business
    • BCDA AND JAPAN INK PARTNERSHIP WITH SURBANA JURONG OF SINGAPORE FOR FULL DEVELOPMENT OF NEW CLARK CITY
    • ​Revolution Flavorscapes at Lakeshore: The World's First Livable Food Park
    • September Update
    • Pampanga, a perfect place for investment – Enrile
    • Clark investments, attractions continue to increase
    • A Promising Real Estate Landscape in the City of San Fernando, Pampanga
    • Smart investments beckon in Pampanga
    • The 8 Best Investment Locations in the Philippines for 2020
    • The rise of the Pampanga megalopolis
    • Central Luzon new ‘epicenter’ for property investments
    • Central Luzon is top PHL investment destination
    • Central Luzon tops 2020 investments thanks to Bulacan airport project
    • The rise of Clark
    • ALI invests P18 billion in Tarlac City estate
    • ALI hits a ‘Cresendo’ of great excitement
  • Blogs
    • Revolution Flavorscapes Lakeshore
    • Revolution Flavorscapes in Lakeshore Pampanga
    • Revolution Flavorscapes at Lakeshore Mexico Pampanga
    • Revolution Flavorscapes Project Overview
    • Revolution Flavorscape
    • Grand Family Palooza August 11, 2018 event
    • Revolution Flavorscapes Lakeshore Pampanga
    • Rockwell Nepo Angeles
    • Beverly Place | Settle in Pampanga
    • Ajoya Pampanga |. Discover your home for life at our Ajoya developments!
    • Rockwell to bring luxury brand to Angeles, Pampanga | Rockwell Nepo
    • Rockwell gains foothold in Angeles, Pampanga | Rockwell Nepo
    • Rockwell eyes P6.7-b sales in Angeles City | Rockwell Nepo
    • ROCKWELL READIES ANGELES DEVELOPMENT | Rockwell Nepo
    • Rockwell, TGN Realty Ink Deal To Develop Land In Pampanga | Rockwell Nepo
    • Rockwell To Start Developing Angeles Project | Rockwell Nepo
    • Rockwell Land to develop Pampanga mixed use project | Rockwell Nepo
    • Rockwell to launch Pampanga project | Rockwell Nepo
    • Golf Ridge Private Estates | Filigree