Next frontier of growth: Ayalas zeroing in on Bulacan with P5.2B estate

Ayala Land

Property giant Ayala Land Inc. (ALI) is expanding its presence in Bulacan with an initial investment of P5.2 billion in a sprawling 83-hectare masterplanned township.

Located in Plaridel, Crossroads is ALI’s 49th estate in the country and its second project in the province of Bulacan that is seen to be the next center of commercial and residential growth. It will feature retail, office and residential components to take advantage of the area as a key gateway linking Metro Manila to other key centers like Cabanatuan, Nueva Ecija and Aurora.

“With the vision of enhancing land and enriching lives for more Filipinos, Ayala Land continues to expand aggressively in various geographies in the Philippines. And now we add our presence here in Bulacan – that has been in the forefront and home to major infrastructure and commercial developments,” said Bernard Vincent O. Dy, president of ALI.

“Crossroads will be the first integrated commercial and lifestyle district by Ayala Land to cater to the growing needs of the industries and the communities within and around. Our vision is to open up new investments, new commercial developments that can provide convenience and opportunities for all,” Dy added.

The P5.2 billion initial budget will be spent over the next five years to develop the road network and prepare the land for the commercial side of the property, which comprises 20 percent of the estate.

ALI has started selling lots ranging between 300 square meters (sq.m.) to 1,000 sq.m. at a price of P75,000 per sq.m.

Crossroads is 4 km. away from NLEX Balagtas Exit, making the development less than an hour away from Quezon City and the cities of Angeles and San Fernando in Pampanga.

https://bilyonaryo.com/2022/12/16/next-frontier-of-growth-ayalas-zeroing-in-on-bulacan-with-p5-2b-estate/property/