NUVALI : By the numbers

Did you know that at 2,290 hectares, NUVALI is not only Ayala Land’s largest development to date, it’s also twice the size of Makati City? It is, in fact, well on its way to establishing itself as the “regional growth center of CALABARZON.”

NUVALI, a mixed-use development and a fast-thriving eco-city which is built upon economic, environmental and social sustainability, is promising in a lot of ways. Just how much has it grown in the past seven years? Let’s count the ways!

3 is the spot of NUVALI as the best realty taxpayer in Sta. Rosa, Laguna as it currently provides 4,000 jobs and is set to provide about 2,500 more jobs both with their recently launched and upcoming projects.

4 is the total number of residential brands present in NUVALI. They are Ayala Land Premier, Alveo, Avida and Amaia, which offer a wide range of residential options with products ranging from P1.8 million to P20 million.

7 years have gone by, and the residential and commercial lots in NUVALI have doubled their values–from P9,400 per square meter to P18,000 per square meter for residential and from P20,000 per square meter to P40,000 per square meter for commercial lots.

14 percent is the compounded annual growth rate of NUVALI during the first six years from its launch, giving NUVALI the highest rate in land value appreciation from the time of launch among the major central business districts in the Philippines.

15 percent of Ayala Land, Inc.’s revenues for the past five years (2009-2014) is accounted to NUVALI.

78 percent of NUVALI’s land area has been developed.

150 hotel rooms are made available to visitors via Seda, the no. 1 hotel in Sta. Rosa, Laguna.

200 stores, ranging from local and global fashion finds to cafes and restaurants are featured in the third and newest wing of Solenad.

990 is the current student population at NUVALI, coming from reputable schools Xavier School and Miriam College. The student population is expected to double every year even so with Everest Academy, the first international catholic school that’s set to open in the coming years.

2,500 is the current number of business process outsourcing employees at NUVALI, with the presence of Convergys and IBM.

4,000 residents have moved in and now call NUVALI home.

12,000 residential units have been sold.

55,000 is the average number of transients at NUVALI every weekend.

60,000 sqm will be the size of office spaces in NUVALI in five years, doubling from the initial 31,000 sqm they offered.

Ayala Land bullish, to spend Php 90B in 2016

Ayala Land Inc., the second-biggest property developer, said it plans to spend between P85 billion and P90 billion next year, heavily investing across all business lines.

Ayala Land chief finance officer Jaime Ysmael said the company’s spending plan would be consistent with its positive outlook on the domestic retail market.

Ayala Land invested P60 billion in capital expenditures in the first nine months of the year, but said full-year capital spending would likely be below the original target of P100 billion.

Ayala Land president and chief executive Bernard Vincent Dy also expects the domestic real estate market to remain robust based on current economic indicators.

“If you look at various indicators it reman supportive of our various business lines,” Dy said.

“The GDP [gross domestic product] continuous to be quite healthy and [migrant workers’] remittances, although there has been a slow down, continue to grow. Business process outsourcing is still growing, tourism continues to be strong interest rates remain at historic lows. Overall, those indicators bode well for our different business lines,” he added.

Ayala Land’s net income in the first nine months of the year increased 19 percent to P12.8 billion from P10.79 billion year-on-year, as the company accelerated growth through acquisitions and new project launches.

Consolidated revenues in the nine-month period reached P75.1 billion, up 10 percent from P68.3 billion posted in the same period a year ago.

Ayala Land in the first the first three quarters of the year launched three estates, namely Cloverleaf in Quezon City, Capitol Central in Bacolod City, and the 700-hectare Vermosa in Cavite province.

Property developer Ayala Land Inc. said Wednesday it will invest P70 billion to develop Vermosa, a 700-hectare master planned integrated community in the cities of Imus and Dasmariñas in Cavite province.

The huge Cavite property, which the company acquired from an unlisted property firm three years ago, would be its fourth biggest estate development after Nuvali in Alabang, Alviera in Pampanga and Makati central business district.

Vermosa is a mixed-use project that will be developed over the next 12 to 15 years that will include a 124-hectare central business district housing various office and commercial developments, hotels and entertainment complex.

It will also offer institutional developments, such as schools and residential projects to be built by Ayala’s three residential units including Avida, Alveo and Ayala Land Premier.

Ayala Land in August won the government’s contract to build and operate the Integrated Transport System South Terminal project adjacent to its fast-rising residential and business district, Arca South.

The 35-year concession agreement for the infrastructure project includes the operation of commercial leasing facilities within the 5.57-hectare property.

It recently agreed to subscribe to 2.5 million common shares, equivalent to a 51.6-percent interest, in Prime Orion Philippines Inc., upon completing due diligence. POPI operates the highly commercial Tutuban complex in Manila.

A City in Sync: Ayala Land’s Arca South promises to be a portal to urban connectivity

Living in Metro Manila is a constant challenge for many people. Urban hassles of traffic, blight, un-integrated development, and lack of green space create a disjointed experience and a lifestyle that makes it difficult to keep up with the rest of the modern world.

A new master-planned development by Ayala Land Inc. (ALI) in the metropolis’ south is seeking to create a gateway, an urban enclave that allows residential and lifestyle, as well as a business and commercial environment, that are more in sync with the rest of the metropolis, as well as the rest of the world.

Arca South is being shaped into a 74-hectare central business district (CBD) and mixed-use development. The expansive former FTI complex is being transformed into a wholly-integrated enclave made up of residential communities, retail and office workspaces, a hotel and a hospital in its initial phase. All these will be connected with an efficient transport system and wide open and green spaces.

I had a chat recently with Joel Luna, ALI Vice President and Chief Architect, along with Stephen Comia, ALI Project Development Manager of Arca South to discuss their company’s newest and to me, it’s most exciting new urban enclave development.

The measures, explained the two executives, which ensure Arca South’s success starts with access, its context and connections to its surroundings. Ayala Land is coordinating its newest development with the City of Taguig’s programs for urban improvement. It is also synchronizing with national government’s infrastructure programs for the area, which include plans for a transport terminal and a C5 to C6 connection.

According to Luna, the intent of the government is, in fact, to create what is called an “intermodal transport hub.” This hub will consolidate several modes of transport — vehicular, bus, rail — onto a terminal and mixed-use complex that is interfaced seamlessly with Arca South. Entering from C5, Skyway or SLEX will take traffic to the development’s main boulevard. This will distribute commuters and visitors equally to all corners of Arca South, as well as connect Arca South to the rest of the metropolis.

Comia adds that this balanced flow is matched by the even distribution between residential and commercial zones. He explained that the residential components will be a mix of Ayala’s Premier, Alveo and Avida developments. A retail and lifestyle center, akin to Greenbelt, and BPO offices, will complement the first projects that are due for completion in the first phase of Arca South that will take five years.

Circulation in Arca South is also balanced; in the sense of extensive accessibility by pedestrians. The main spine is actually a linear greenway that traverses Arca South from one end to another, much like High Street in BGC but more free form in shape, with sections as wide as 60 meters. This tree-filled greenway allows pedestrian traffic to both ends of the development. Luna added that the building edges of all clusters and buildings are arcaded and lined with shops and restaurants. Parking for the development is via a huge integrated basement facility. You can park anywhere underground and come up to the park or through the commercial buildings to the arcades.

An internal bus transit system, like the one operating in Bonifacio Global City nearby, will have bus stops every 400 meters. This system will be scheduled and provide quick access to the development from the intermodal terminal complex.

By all these, Arca South will really be a pedestrian paradise, but the people-friendliness of Arca South is also seen in the buildings themselves. Most will be of moderate height to modulate densities for both aesthetics and function.

Ayala Land has also made it a point to enhance streetscapes and open spaces (40 percent of the entire site) with verdant landscaping that include shade trees, green buffers, lawn areas and playgrounds for active recreation. This “green-ness” extends to the whole development through sustainable building practices, rain-water harvesting, building orientation and other measures that have become standard with Ayala Land’s projects.

The development will also continue the high standards of maintenance, security and infrastructure functionality that is the hallmark of ALI’s projects. There will be a 24/7 operations center, CCTV coverage, synchronized traffic lights, drainage and solid waste management, as well as all the necessary support for a fully functioning modern city.

The first phase of Arca South that will take five years is well under way. Included in this are a range of retail including a transit-oriented mall like Market! Market!, a lifestyle mall for the residential enclave, and a regional mall. The first office buildings will be completed by 2017 with seven or so more in the pipeline. There will also be a 250-bed Quartenary Hospital and a 200-room Seda Hotel in this initial phase of development.

Arca South will fill out in a well-controlled manner. To date 19 commercial lots along the main boulevard have been sold and buildings will rise to trace a skyline like the original Makati CBD. This attractiveness indicates that Arca South is blessed not only with great access, compelling scale and design, but also ultimately with a prime location vis-à-vis Metropolitan Manila.

Location, scale and access define Arca South as a gateway to the metropolis, a portal to business opportunities, lifestyle options and a great place to live. This, Arca South promises you, to sync the lives and activities of all those who live in, work out of, or visit with the rest of the world.