PROPERTY giant Ayala Land Inc. (ALI) has proven several times the role of catalyst when it embarks on a development project in a certain area. This time, ALI will bring its stellar record in development to its P90-billion South Coast City project at the South Road Properties in Cebu City.
The 26-hectare South Coast City is a waterside development being positioned to be the new home of prime entertainment and commercial concepts in Cebu. Developed by a consortium of SM Prime Holdings, Ayala Land Inc., and Cebu Holdings, Inc. South Coast City is expected to boost Cebu’s economic recovery efforts by further enhancing the region’s offerings and generating significant employment and investments.
“With the South Coast City, we once again have an opportunity to make a mark and contribute to regional and national progress,” Anna Ma. Margarita “Meean” B. Dy, senior vice president and head of Ayala Land Estates Group said in a recent online press briefing.
Bernard Vincent Dy, president and CEO of ALI stressed the big role of South Coast City not only in terms of boosting the economy of Cebu but also enhancing the quality of lives of the people.
“Today our focus is set on a V-shaped recovery for our business and economy. We believe that our vision of ‘enhancing land and enriching lives for more people’ is now relevant more than ever, as we continue to build spaces that not only raise the quality of life for many, but also generate livelihood and employment for a great number of Filipinos,” Mr. Dy explained.
“As one of the country’s fastest developing hubs, we believe this development will not only put a spotlight on Cebu as a destination of future growth—but will likewise elevate experiences and opportunities for Cebuanos and visitors alike,” Mr. Dy added.
Located within the South Road Properties, the mixed-use estate will feature a commercial center (also known as District Square), a 1.1-hectare park, an Arena, a convention center, and other recreational facilities which cater to different age groups and varied interests.
It also offers mobility convenience as the estate is only 50 meters away from SM Seaside City Cebu Mall; 2 kilometers from the Cebu South Bus Terminal; 4 kilometers from the Cebu City Seaport; and just 11 kilometers from Mactan Cebu International Airport.
Furthermore, South Coast City promotes convergence as it will connect North and South Cebu with Mactan. It is highly accessible through major highways including the Cebu South Coastal Road and the upcoming Cebu-Cordova Link Expressway or CCLEX (3rd Mactan Bridge). It’s also in proximity to other landmarks such as the SM Seaside City Cebu, Cebu Ocean Park, UP Cebu SRP Campus, Alta Vista Golf Course, and other residential and retail developments.
“With this blank slate, we can create something Cebu has not seen before: a best of both world’s scenario. A contemporary development with the latest urban innovations with seaside views, and Cebu’s beaches just a short drive away,” Ms. Dy added.
To make South Coast City a standout, ALI will introduce urban innovations that are new and refreshing to the Cebu landscape. As with other Ayala Land estates, its design will integrate sustainable features such as an inclusive pedestrian and bike experience, convenient access points and transit options, dynamic wide open spaces and a 1.1-hectare park. This tree-covered oasis is complemented by a wide array of shopping and dining concepts and covered walkways with scenic views and features.
Within South Coast City is District Square, the only waterside commercial lot offering in Cebu. District Square presents a one-of-a-kind opportunity for business growth among investors, corporations, and entrepreneurs. It covers 2.7 hectares with 11 commercial lots for sale, all ranging from 1,777 to 2,601 sq m.
A 4,000-sq-m park lane pedestrian system will connect the main areas of the commercial center that will encourage walking among professionals even during the busiest days.
South Coast City will also be the venue for Cebu’s first-ever Arena, which will soon open as a place of convergence for many of the region’s highly celebrated events. As the country continues to adapt to the new normal standards, the Arena is being constructed as the future go-to destination for safe recreation and events.
The land development construction of South Coast City is under way and scheduled for completion in May 2022.
Meanwhile, the block development construction of District Square is already more than halfway through and is targeted to be completed by June 2022.
“South Coast City is poised to be a top growth area in the bright spot in the Visayas and next bright spot on the horizon,” Ms. Dy pointed out.