RIGHT now, ALI is ready to replicate its winning formula in Vermosa, a 700-hectare integrated, mixed-use development that is ready to seize the opportunities of growth in the South.
Anna Maria Margarita Dy, vice president and strategic head of landbank management of ALI, said the company is confident that Vermosa will be a success, as the southern part of the metropolis is poised for growth because of the presence of economic zones in the nearby areas, plus the development of infrastructure projects such as the Cavite-Laguna (Calax) Expressway.
Dy said Vermosa will have 124 hectares for its future central business district. She said Vermosa’s central business district will have various business and commercial establishments, hotels, shopping, entertainment, dining, as well as medium-to high-density residential developments. It will also have space for educational institutions.
At full development, Dy said Vermosa will have over 3 million built-up area with 30,000 residents and about half-a-million workers.
Dy said Vermosa is a development project geared for the next generation emphasizing sustainability through a pedestrian-focused environment and allotment of 165 hectares, or 24 percent, of the entire development to parks and gardens.
Featuring a 14-kilometer greenway, Dy said Vermosa will have a landscaped promenade stretching north to south of the project that would encourage people to walk, run and explore their neighborhood or take a bike to work. To reduce the carbon footprint, the masterplan ensures that neighborhood retail centers are accessible within a 10-minute walk or bike ride from any residential development within the project.
She said Vermosa is going to be highly accessible as it is a major beneficiary of the newly opened Muntinlupa-Cavite Expressway (MCX), the government’s first public-private partnership project bagged by the Ayala conglomerate.
MCX Tollway connects the Daang Hari Road to the South Luzon Expressway and shortens the travel time to Cavite by 30 percent—making Vermosa 55 minutes from Makati during peak hours. Soon, Manila will also be a few minutes away via the upcoming Calax.
Just like other Ayala Land estates, Dy said Vermosa epitomizes the mark of a true sustainable community just like its predecessors Makati commercial business district, Bonifacio Global City and Nuvali.
Dy added that the P70-billion project is the first mixed-use development that will focus on the Filipinos’ increasing active and healthy lifestyle. Its special feature, the Vermosa Sports and Lifestyle Complex (VSLC), highlights the goal of building a suburban community that integrates a healthy and active lifestyle with everyday living.
Furthermore, Dy said the first of its kind VSLC sports-science laboratory will primarily cater to the growing triathlon market and related sports, such as marathon, swimming and cycling.
It will have an Olympic-size pool, 400-meter track and field, and the most advanced and complete sports-science laboratory in the country. VSLC will also have a motocross track and the first purpose-built mountain-bike skills track in the Philippines.
The sports-science lab, targeted to be opened in the fourth quarter of 2016, will also offer facilities to athletes and fitness enthusiasts to raise the bar of their performance using a scientific and technology-based approach. Completing its health and lifestyle amenities is a 10,000-square-meter sports-themed retail that will feature various athletic and sport shops, as well as an array of healthy dining options.
This megadevelopment is set for completion in the next 12 to 15 years. Prices of the properties will range from P3 million to P12 million.
“We have a winner in our hands,” Dy concluded.