Go South, where the gems are

posted February 26, 2016 at 07:30 pm
by  Joel Lacsamana
A 33-hectare master planned joint venture project by Alveo Land and Cathay Land will soon rise in the South of Manila—Westborough. 

Perched along the Sta. Rosa-Tagaytay-Silang corridor, Westborough will feature three commercial areas—Westborough commercial strips, Westborough town center and Westborough park square. Alveo promises that about 40% of the latter two phases’ total land area will be dedicated to open and landscaped spaces.

‘Suburbanized’ setting. An artist’s perspective of the Westborough district city center.
Lots have been designed for SMEs, start-ups and for private investors seeking a suburban setting for their products and services. Possible commercial uses are also aimed for specialty stores, restaurants, cafes, offices and hotels.

Ayala Westgrove Heights, South Forbes and Wedgewood are a stone’s throw away, and NUVALI, Ayala Land’s fast-expanding community is a fifteen minute drive. Laguna Technopark, with over 101,000 employees, is also nearby.

Westborough nearly sold out since its launch in 2013, with an average price of P30,000 per sqm. The Alveo Land – Cathay Land partnership has sold 85% of total commercial lot inventory in the district amounting to P3.89 billion.

“The proximity to Laguna Technopark and various business establishments and institutions around the area ensure that this is a good location for commercial use,” said Paulo Ong, division manager for the project development group of Alveo Land.

First joint venture. Robert S. Lao, president of Alveo Land Corp. and Jeffrey Ng, President of Cathay Land, Inc.,
shake on it.
The Westborough Town Center is highlighted by a small lake surrounded by shops in a sprawling outdoor setting. A family-oriented merchant mix of upscale al fresco dining and retail options will make it a destination shopping experience. 

The final phase of the development, Westborough Park Square, is based on a concept similar to the highly successful Bonifacio High Street in BGC, Taguig. Shops will surround the linear park with arcaded walkways for pedestrian comfort. 

Westborough Town Center is scheduled for turnover by Q1 2017, while Westborough Park Square will follow on Q4 2018.

Alveo Land is part of Ayala Land. Its partner Cathay Land is the developer of South Forbes Golf City, and is the real estate arm of the Cathay Group of Companies.

Topics: Go South , where the gems are , Alveo Land , Cathay Land , Westborough Town Center
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