AEV/ALI/CPVDC/Aboitiz Land – Mandaue Integrated Mixed-Use Development – Central Visayas - Project Profile
"AEV/ALI/CPVDC/Aboitiz Land – Mandaue Integrated Mixed-Use Development – Central Visayas - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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AYALA Land Inc. (ALI) and its subsidiary, Cebu Holdings, Aboitiz Equity Ventures Inc. (AEV) and its subsidiary, AboitizLand, Cebu Property Ventures and Development Corporation (CPVDC) are jointly undertaking the Mandaue integrated mixed-use development project in Cebu, the Philippines.
The project involves the construction of residential and commercial facilities on 15ha area. it will be developed in phases.
The first phase includes the construction of an Avida residential tower, an Ayala Mall with the first Landmark department store in the region, and a BPO office building.
It also includes construction of hotels, apartments, a retail space, a commercial space and an underground parking facility, and the installation of elevators, safety and security systems.
In November 2010, the master plan of the project was completed.
In January 2014, AboitizLand and AEV signed a joint venture (JV) agreement with ALI to develop the project.
In June 2016, AEV, ALI and AboitizLand broke ground on the project site.
Construction works on the mall and office are slated for completion in 2019.
Planning Authority: The Philippine Economic Zone Authority (PEZA)
The project involves the construction of an integrated mixed-use facility on 15ha area in Subangdaku, Mandaue City, Cebu, the Philippines.
The US$80 million project includes the following:
1. Construction of BPO buildings
2. Construction of hotels
3. Construction of apartment units
4. Construction of retail space
5. Construction of commercial space
6. Construction of underground parking facility
7. Installation of elevators
8. Installation of security and safety systems
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