Aeon Towers targeted to be done by end of 2018

THE Aeon Towers project of the Aeon Luxe Properties Inc. is targeted to be completed and be turned over December of this year.

The high-rise 33-storey tower along J.P. Laurel Avenue has been one of the talked about real estate development projects in Davao City apparently because of people wondering when it would be finished. The project was officially launched and commenced construction in 2011. Initially they announced that the project will be completed by 2016. However, Aeon Luxe Properties vice president for sales Andrew P. Bautista said over the years they considered a lot of changes and standard measures.

"We were delayed...for a simple reason that the stability of the structure has to be made sure.

Remember that this property used to be a swampy area. This was a property of the Floreindos once upon a time. What people do not understand during that time is it took us two and a half years to put and stabilize four stories down. That's just when our ground floor, second floor, and so on came into view. The land was very soft to the point that we dug so much [for the foundation]," said Bautista.

Aeon Luxe Properties president Ian Y. Cruz added that they upgraded a lot in terms of designs to make sure to continue keeping up with the current trend.

"Structurally we're done, we're doing finalization of the fit-out works - the interior design. Actually one of the causes of delay is we have changed so many designs from the original one. If you look at our original one, we have the eagle structure. Now, we mix sub-commercial area in the podium. It's because we have to adapt to the new trend. We can't continue with the design of 2011 now," Cruz said.

According to him their entire project cost has increased to P4.5 billion from their initial projection of P3.2 billion.

Bautista further explained that their structure is made up of glass walls that is why the construction is from the inside of the structure to the outside. This, he said, explains why the façade of the building doesn't look as if it improved much because technically they started completing the interior of the building.

Cruz said their glass walls, with 360 degree view of the surroundings, will use Low E technology in which the sunlight is made sure to come in the building but not the heat. Aside from this, Bautista also said they installed a special technology against fire incidents that when a fire is currently consuming a specific floor, it stays there. The technology will blow off the smoke in order to prevent it from affecting the nearby floors.

Aeon Towers will be a mix of residential and hotel development. The 7th to 12th floors and 29th to 30th floors will be allocated for hotel services while the hotel amenities such as the ballroom, function, and meeting rooms will be located at the 31st and 32nd floors. Other amenities include infinity pools on the roof deck with the view of Samal, skydeck restaurants and bars. It will be open both for unit owners and hotel guests.

As their structure had been the basis of the city government to be the limit of building height and that no other future buildings in Davao City should be higher than them, Bautista said they wanted to use this edge to their advantage. Their rooftop might be a venue for brief, welcome activities for special guests of the city as their planes fly right above the building.

Aeon Towers is located near the landing path of planes to Davao but Bautista assured everyone of the safety as their structure has at least 300 meters distance from the landing path itself. Their entire structure will also be an LED lighted building.

Cruz said they wanted to make sure that their Aeon Towers is the actual standard of premier services both in residential and hotel components. Their construction materials were imported from different countries with standards they made sure to be better than the basic and much common choices of other real estate developers.

Currently, the residential units are already 90 percent sold already. The ownership of the apartment facilities will be under Altus Capital, Inc. with its day-to-day operations to be managed by Vanguard Hotels.
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