CLOVERLEAF, a development by Ayala Land Inc. (ALI), is set to rise in the Balintawak area and serve as an easy avenue to more people who travel along Edsa and A. Bonifacio.
ALI is the company behind the Makati Central Business District, Bonifacio Global City and Nuvali, which have become the dynamic communities that we know today.
Aside from Ayala Mall, Cloverleaf will have a hospital, retail and business offices, as well as two residential towers—Avida and Alveo. The groundbreaking of the Cloverleaf was held on March 16 and led by ALI Senior Vice President and Head of the Strategic Landbank Management Group Meean Dy.
“Our vision is to create a pocket urban development” Dy said. “Cloverleaf will give people access to refreshing retail, business, lifestyle and residential possibilities—elements that create an ideal urban lifestyle.”
Cloverleaf, which used to be an old textile mill property, is on an 11-hectare mixed-use development that would further energize the district. According to Dy, “ALI would be spending P15 billion for the development of Phase 1 in the first five years and another P10 billion for Phase 2 in the next five years.”
The township is another of ALI’s product that will bear the unmistakable mark of its expertise. ALI defines privacy and exclusivity, convenience and accessibility, enhanced by its strategic locations and diversity of lifestyle options anchored on a well-thought out blueprint for growth.
The development is flanked by Metro Manila’s major cities, including Caloocan and Quezon City, with the community being easily accessible via the Light Rail Transit Line 1 that traverses the Metro. Adding to the convenience of its location is the ongoing construction of the third phase of the Skyway Stage 3 project, which is only 20 minutes away.
“We always make it a point to locate our products and services in such a way that makes them easily available to more people,” Dy added. “The Skyway Stage 3 project will improve the traffic situation in the area. We will be building our own terminal, which will be 200 meters away in front of the mall by 2017.”
A highlight of the development is the landscaped pedestrian promenade that will connect Edsa to A. Bonifacio and will allow residents, shoppers and workers to have a safe and comfortable walking experience.
The residential towers will occupy 34 percent of the area, including a 1.4-hectare Avida Towers compound with about 2,000 units and Alveo towers that will have a total of 600 units. Avida is preselling for P110,000 per square meter. A studio is estimated at around P2.5 million. Alveo, however, will start its preselling on the third quarter of 2015. Amenities for Avida and Alveo will include a clubhouse, pool and gym. The Avida Tower is set to be finished by 2019, while the Alveo Tower is scheduled for completion in 2020.
Sixty-two percent of Cloverleaf is envisioned to house numerous retail and business developments, including a 40,000-sq-m Ayala Mall with its own customer parking. The mall is expected to be a melting pot Asian culture, offering gathering and dining concepts not only for residents of Balintawak, but also locals of Caloocan, Malabon, Novaliches and Valenzuela. The basic shopping needs of the market shall be fulfilled by the supermarket and junior anchors, while discerning customers will have an array of top-tier fashion and active brands to choose from. For bargain hunters, there will be bazaars for fashion and gadgets, as well as a food hall for affordable dining. Capping off the retail offerings will be the cinemas and entertainment zone on the top floor.
The target market will be the nearby residential areas in Quezon City and Caloocan, most notably the Filipino-Chinese community, as well as motorists and public transport commuters traveling along the North Luzon Expressway (Nlex) and A. Bonifacio corridor. The mall is set to open by 2017.
The township will also feature Qualimed’s flagship hospital, a 250-bed medical facility offering quaternary care services, specializing in cancer and cardiology that will offer the most comprehensive healthcare services in the QualiMed Health Network. The hospital will be completed on the fourth quarter of 2017. It will have its own parking for doctors and visitors.
QualiMed is a network of health-care facilities that is borne out of a strategic partnership between ALI and Mercado General Hospital Inc. It has three types of health facilities—mall-based multispecialty clinics, ambulatory or day surgery centers and general hospitals.
Medical rates are 30 percent to 40 percent lower than what are being offered in the market. The network also has bundled services which will result in prices that are even lower than QualiMed’s regular rates, making its health services accessible to more Filipinos.