Ayala Land’s Cavite estates
AYALA LAND, INC. (ALI) said two of its latest projects in Cavite have gone “full-swing,” banking on the province’s “continued growth potential.”
With a combined area of almost 1,000 hectares, ALI’s Vermosa estate straddles the cities of Imus and Dasmariñas, while its Evo City is located in Kawit.
“Being one of the most progressive provinces in the Southern Tagalog region, Cavite will continue to be a significant development driver of the country,” Jay Teodoro, Estate Head of Vermosa, said in a statement. “We are committed to contributing to its progress as a major development hub.”
The 700-hectare Vermosa, ALI’s fourth largest mixed-use estate, will be home to 6,000 households as it offers diverse living options by three of ALI’s residential brands — Ayala Land Premier, Alveo, and Avida. About P70 billion will be invested in the estate over its 12-year development period. Central to the estate is a 124-hectare business district projected to generate half a million jobs in Cavite.
Just last June, the De La Salle Santiago Zobel School opened a new campus in Vermosa for its junior and senior high school classes.
Meanwhile, the newly launched Evo City which spans over 200 hectares is being primed to be the next Central Business District south of Metro Manila.
Sixty- two percent of the estate’s initial phase will be for high- density to middensity mixed-use components, while the remaining 38% will be allocated for low- density residential uses such as its first subdivision The Residences at Evo City by Alveo Land.