Avida: A high-rise condominium at the heart of downtown Davao-A A +A
Wednesday, June 20, 2012
MODERNIZATION has brought many things to the lives of people, especially to their modes of living. The construction of high-rise infrastructure simply reflects the people's demand for modern architectures.
It is not new to Dabawenyos that there are concrete plans of constructing high-rise infrastructures here. There is an ongoing construction of a mall by SM Prime Holdings in Lanang, which will introduce green-architecture to its Davao market by the time of completion in the fourth quarter of this year.
Another one is the Aeon Towers of the FTC Group of Companies, which will give the people of Davao a picture of a futuristic architecture.
In a recent interview, Maria Victoria Pescador, executive sales and admin Head of the company, said the concept for their high-rise architecture is something than can compete with others in anywhere in the country.
Apart from that, there are also small real estate developments in and around the city.
Now, one of the big players in real estate industry will soon erect its first high-rise condominium project in the city this year.
It is a 23-storey mixed-use high-rise condominium that will soon nestle along CM. Recto St., Davao City, an official from Ayala Land said Friday.
Marianne Llanes, Ayala Land Davao's sales operation associate manager, said the mixed-use condominium called Avida is composed of 431 rooms. There's indeed something to expect from its modern concept.
The first four floors will be the parking space and the fifth floor will be allocated for commercial businesses.
"The completion and turn-over will be by 2016," Llanes said over the phone.
More details will be discussed on its official launch on July 14 next month.
Along with the new condominium, there's also an ongoing construction works of Orodermcity, which is owned by a homegrown dermatologist Dr. Neil Oropesa.
Davao City Investment Promotion Center chief Jason Magnaye said this is another boost to the city's economy as the project will pour more investments in Davao.
Magnaye said the Ayala Land Davao infrastructure will revive C.M. Recto Street as Davao City's business district.
The growing number of modern infrastructures here shows a bullish climate for real estate in the city. It also reflects how Davao goes along with other cities in the country in the age of modernization.
Published in the Sun.Star Davao newspaper on June 20, 2012.