Udenna Land breaks ground for First Clark Serviced Residence
CLARK Global City (CGC), a 177-hectare master-planned, mixed-use estate envisioned to be the next business center of excellence, is now home to First Clark Serviced Residence — the first service apartment building in CGC.
As more businesses and people move to CGC, First Clark Serviced Residence will be there to serve as their second home. This 16-story building will have 286 units and is targeted to be completed by the end of 2024.
To jump-start the construction of the First Clark Serviced Residence, Myung Dang Plus Development Inc., FineTME Inc., and Udenna Land Inc. (ULI) held a groundbreaking ceremony last Nov. 11, 2022. Gracing the event were lawyer Agnes VST Devanadera, president of Clark Development Corp., and Wilfredo Placino, president of ULI shared that this project is a first in CGC since the pandemic struck — a truly significant milestone for the ULI team.
“Thank you to Myung Dang for believing in our vision for CGC to create a smart, safe and sustainable environment for the Philippine and international businesses in the country. This development is a testament that CGC will be the next Commercial Business District outside Mega Manila. We are optimistic that more investors will follow soon with the Philippine economy gradually recovering,” Placino remarked.
With CGC’s proximity to the Clark International Airport and other critical transportation hubs, superior connectivity, disaster-resilient structures, and access to an educated and skilled talent pool within the area, CGC is well-positioned to be a partner to success for businesses.