Lane Residences Davao by SMDC

DAVAO CITY, Davao
— The SM Development Corp. (SMDC) will launch this month its residential condominium here, the company's first real estate project in Mindanao.

SM Lanang mall manager Jonathan Nick Santos said Thursday the condominium project will be located next to the premier mall in Lanang, in this city.

The project will consist of eight towers, with each tower having 13 floors, for a total of 3,000 units.

“The timing is right to start our first real property project, the Lane Residences,” Santos said.

He said the project will start this month, adding that the construction of the Lane Residences will be the first of several other projects in Davao.

"We are all excited for what is in store within the year," he said, declining to reveal further details of the Lane Residences and other future projects.


source: Philippine News Agency (PNA)

SDCP Economy | St. Luke’s Medical Center to open in Azuela Cove, Davao City

Economy | Davao City

Azuela Cove to Welcome Premier Medical Facility as Aviana Development Partners with St. Luke’s Medical Center

Davao City, Philippines — In a significant move to elevate healthcare standards in Davao City, Aviana Development Corporation—a joint venture between Ayala Land, Inc. (ALI) and The Alcantara Group—has officially partnered with the prestigious St. Luke’s Medical Center, Inc. (SLMC) for the development of a state-of-the-art hospital at Azuela Cove in Lanang.

A Memorandum of Agreement was recently signed, solidifying the collaboration aimed at bringing world-class medical services to the region. This initiative marks a milestone in positioning Azuela Cove not only as a premier mixed-use estate but also as a hub for advanced healthcare and wellness in Mindanao.

Present during the signing were (seated l-r) Editha Alcantara and Nicasio Alcantara of the Alcantara Group; Bernard Vincent O. Dy, ALI President and CEO; Dr. Edgardo Cortez, SLMC President and CEO; Juan B. Santos, SLMC Board member; (standing l-r): Meean B. Dy, ALI Senior Vice President and Group Head of Strategic Landbank Management Group; Rico Manuel, ALI Business Development Head for Mindanao; and Jun Bisnar, ALI Chief Operating Officer for Visayas and Mindanao.

In attendance at the ceremonial signing were notable representatives from each organization. Seated (left to right) were Editha Alcantara and Nicasio Alcantara of The Alcantara Group; Bernard Vincent O. Dy, President and CEO of Ayala Land, Inc.; Dr. Edgardo Cortez, President and CEO of St. Luke’s Medical Center; and SLMC Board Member Juan B. Santos. Standing (left to right) were Meean B. Dy, ALI Senior Vice President and Group Head of Strategic Landbank Management; Rico Manuel, ALI Business Development Head for Mindanao; and Jun Bisnar, ALI Chief Operating Officer for Visayas and Mindanao.

This landmark collaboration reinforces Aviana’s commitment to enhancing quality of life in Davao by integrating world-class infrastructure, sustainable urban development, and now, top-tier healthcare services into the city’s growing landscape.

The upcoming medical facility is envisioned to deliver the same excellence in patient care and clinical innovation for which St. Luke’s is internationally recognized. It also reflects the shared vision of ALI and The Alcantara Group to create a thriving, future-ready community at Azuela Cove—designed for both locals and visitors seeking the best in lifestyle, wellness, and urban convenience.

As Davao continues to emerge as a key economic and cultural hub in the south, the presence of St. Luke’s Medical Center is set to make a lasting impact on the region’s healthcare ecosystem.

source: Ayala Land

Azuela Cove soon to rise in a 25-hectare property in Davao City

Rea Estate / Davao City

Ayala Land Inc. plans to launch a master-planned community in Lanang, Davao City.  The Azuela Cove project would rise in a 25-hectare property, a former wood factory owned by Alcantara Group (Alsons) in Davao City.  Ayala Land signed a jva with the Alcantara group to develop the property. The joint venture partners plan to develop the property in phases. About 2,000 residential condominium units and 7,000 square meters of leasable retail space will form the heart of the development.

About Azuela Cove
A new wave surfaces, emerging with fresh new sights on the shores of Davao gulf. Azuela Cove is a joint venture project of Ayala Land Inc. (ALI) and the Alcantara Group (AG) in Lanang, Davao City. The 25-hectare former wood factory is set to be transformed into a master planned, mixed-use community that will include residential low to mid-rise towers, commercial lots, offices, an events venue and a waterside cove with some retail components.

The sustainable estate is set to be Davao’s prime waterside community, encapsulating a life of fluidity and ease within a vibrant locality and a buoyant economy South of the country; a paramount destination for the best in home, business and lifestyle  in Mindanao.


source: Ayala Land