ROCKWELL LAND Corporation is planning to launch two flagship projects in Angeles, Pampanga and Bacolod.
The Lopez-led property company is investing P8.5 billion to develop Rockwell Center Nepo, Angeles.
The 3.6-hectare project, a joint venture with the Nepomuceno family, is expected to be launched within July with the first tower — The Manansala. This will be the first Rockwell Center outside of Makati City.
“We are excited to be part of the skyline of Angeles, Pampanga. Once the project is completed, the community will feature four mid-rise residential buildings and its very own Power Plant Mall,” Rockwell Land President and CEO Nestor Padilla said in a statement.
The company is also developing Rockwell Center Bacolod, a 30-hectare master-planned project. Phase 1, comprised of commercial lots, will be launched by yearend and is expected to generate P1.4 billion in revenues.
Other projects to be launched this year include Sillion Building at 32 Sanson in Cebu, The Villas at Aruga Resort and Residences — Mactan Phase 2, Terreno South Phase 3 in Lipa, Batangas, Nara Residences Lots in Bacolod, The Arton East Tower in Katipunan, Quezon City, and The Balmori in Rockwell Center, Makati.
“We remain optimistic to launch several projects, especially with the continued trust our clients have given our brand after seeing how we all handled the first year of the crisis,” Mr. Padilla said.
Article and Photo originally posted by Business World last July 6, 2021, 12:03am.
About Post Author
More Stories
Banks’ total assets up at P26.2 trillion end-June
Lamudi sees heightened developer confidence with rise in ad spending
Phase 1 of PHINMA’s Bacolod township to finish by next year