Davao Global Township Phase 1: Your Future Favorite Address #DavaoGlobalTownship #TheAddressofAmazing #DGT
A global address is set to rise at Davao's new center of progress transforming the old Matina Golf Club into The Address of Amazing - the Davao Global Township (DGT).
Titled and landed family from Davao has partnered with the leading developer in the Visayas-Mindanao region to transform a 22-hectare golf course into Davao City's iconic business district.
The Villa-Abrille family is one of the oldest clans in Davao that is into leasing commercial offices and buildings such as Matina IT Park and Sutherland Global Services. They launched Davao's first residential subdivision in 1952 and put up the Davao City Golf Club, the first and oldest golf course in the city until it was closed in 2018 to make way for DGT.
YHEST Realty and Development Corporation, a joint venture between regional developer Cebu Landmasters Inc. (CLI) and the Yuson, Huang and Tan families belonging to the Villa-Abrille clan of Davao, has started ground works on Phase 1 of the P33-billion Davao Global Township. This landmark project is at the Matina district of Davao City, one of the densest residential areas of the city.
The family decided to partner with CLI because of its vision to be the regional top property company in the Philippines and ability to quick turn around its projects. DGT is their third and biggest project together with CLI. MesaTierra, a garden residential condominium is already 98% sold-out. The Paragon Davao, a mixed-use property that will host Citadines Paragon Davao, was launched in November last year. The residential component One Paragon Place is already 75% sold in first 3 weeks of selling.
"As the descendants of Juna Villa-Abrille, we commit ourselves to his legacy of hard work, humility and generosity. We are happy that in our generation, we are able to kick-start all these simultaneous developments and there's no better way but to partner with VisMin's leading developer Cebu Landmasters," YHEST Realty's Yuson said.
Phase 1 of DGT is estimated to cost P10 billion with an extensive 93,000 square meters of gross floor area as envisioned by YHEST with masterplanner RTKL, a global planning and design firm responsible for the revival of some downtown centers in the world.
"The size of the (DGT) property, our first township development, will allow us to have a diversity of uses to make a complete and truly sustainable community. We envision DGT to be the central business district with a dynamic lifestyle that will provide economic and social value to Davao, one of the fastest growing economic regions in the country." CLI Chairman & CEO Joe Soberano said.
DGT Phase 1 is set for completion in 2022. Edifices planned for this phase include a corporate center, two premier residential towers, a retail strip with cineplex, and outdoor retail spaces called DGT Town Strip, as well as a civic center to be named DGT Gallery.
Living up to its name as a future business district inspired by the Cebu IT Park and the Bonifacio Global City, the project is expected to host business process outsourcing and other firms.
Davao Global Township Phase 1: Your Future Favorite Address #DavaoGlobalTownship #TheAddressofAmazing #DGT
Reviewed by Amaya Chika
on
Sunday, March 31, 2019
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