Avida Towers Cloverleaf to transform Quezon City as Metro Manila’s growth center
Quezon, NCR 1100
Avida Land Corporation, a subsidiary of Ayala Land Inc. (ALI), hopes to transform the Balintawak Cloverleaf district in Quezon City into the country’s newest business district.
Strategically located at the crossroads of EDSA and A. Bonifacio Avenue, the 11-hectare property is bounded by access points for public transit such as the Balintawak LRT station and EDSA buses on one side; and jeeps, buses and shuttles along. A. Bonifacio Ave. The site is also very close to the North Luzon Expressway (NLEX) which is the gateway to the booming Northern Luzon. In addition, the upcoming Skyway Stage 3 that is scheduled to be operational by mid 2017 will make travel to Makati a mere 20-minute drive.
With a total investment of P25 billion, the developer, through a 10-year project, is building a cluster of residential, office and commercial developments on the prime Cloverleaf district. A landmark in urban development, the Avida Towers Cloverleaf features a new concept in the unit layout of its residences with its three tower developments offering right sized units. The two-bedroom and three-bedroom units, which come at 52 sqm and 61 sqm, respectively, were designed for the needs of newlyweds and growing families. The three-bedroom units were introduced to address the need for personal space. According to Avida Land Corporate Planning Group head Raquel S. Cruz, the units were carefully designed to provide each family member his/her personal space within the unit.
The first tower will have 28 residential levels plus six commercial establishments on the ground floor. Unit prices start at 2.2 million for a studio and goes up to P6.3 million for a three-BR unit. Phase 1 of the project is planned for the first five years.
The target market are the Chinese community and residents of Quezon City and Camanava (Caloocan, Malabon, Navotas and Valenzuela) who would like to upgrade to new homes, said Caren Rose R. Rosales, business area head for business developments for Avida Land. Units will begin turnover by the fourth quarter of 2019.
Cruz added that Avida Towers Cloverleaf’s advantage over other residential condominium in the area is the opportunity to enjoy a bigger lifestyle full of convenience and the projected increase in property value at a faster rate over time.
Phase 2 follows suit within the next five years. It includes construction of a mix of retail office and residential towers and another seven buildings. Phase 2 will be oriented towards the side of EDSA and will be linked to Phase 1 by a pedestrian promenade featuring landscaped greenery.
Architect Jonathan M. Fabricante, Avida IDG head, said the three towers will be laid out in such a way that there will be ample distance and space between the towers.
- Function Hall
- Swimming Pool