Thursday, February 1, 2018

Homegrown developer taps CL’s potential

A number of real estate players have seen the vast potential Central Luzon -- now fast becoming an alternative destination for business and leisure --  has to offer as modernization and investment opportunities continue to overflow in the area.

Leading the change ishomegrown business and property mover,  Pampanga-based  AC Beautiful Islands (ACBI) Realty Development Corp.

ACBI, the real estate arm of the JENRA Group of Companies is now behind the first and largest central business district in the region.

Called The Infinity, the development is located at the gateway of Central Luzon and directly connected to the Northern Luzon Expressway (NLEX) via the Angeles exit.

Byron John  Siy, general manager of ACBI Realty and Development Corp., said The  Infinity will soon be comparable even with established central business districts  in the metro especially nd with all the upcoming infrastructures in the area.

Siy said The Infinity will kick off 2018 by welcoming its newest locators PTT and Skygold.

The Infinity is the flagship project of ACBI and it traverses the cities of Angeles and Mabalacat in Pampanga.

Masterplanned by Palafox Associates, The Infinity will be a 40-hectare development that will soon house business, commercial, residential and all other dynamic features that completes a community.

ACBI counts on Central Luzon’s myriad of offerings  -- from  a world-class airport, the world’s largest indoor arena, and an all-weather golf course – as well as as new support structures that are underway.

Clark International Airport for example is the Philippines’ gateway to the world from the Central and Northern Luzon provinces, that complements  Metro Manila’s Ninoy Aquino International Airport (NAIA) as the country’s main aviation center in the future.

Clark’s new terminals, the Diosdado Macapagal Terminal and Terminal 2 were expanded to cater low-cost carriers. In addition, two more terminals are expected to be completed and all will be fully operational by 2025. Upon completion, these four terminals will boost Clark’s passenger capacity to more than 110 million annually in contrast to NAIA’s four terminals that can handle an estimated number of 36 million passengers a year.

The airport is also being groomed to become one of the country’s first “aerotropolis” or a community that features a world-class airport and surrounded by business clusters and residential developments.

The construction of Metro Rail Transit Line’s newest railway – MRT-7 is already in progress. This improvement will make Bulacan just half an hour away from Metro Manila by 2020. The 22-kilometer railway system will have 14 stations from MRT-3 North Edsa to San Jose Del Monte, Bulacan. The project will efficiently lessen congestion on major roads going north.

Apart from the new railway, several expressways will likewise link Central Luzon to Metro Manila and its surrounding regionsto ensure an easier and faster travel time. The proposed North Luzon East Expressway (NLEE), a 92.1 kilometer four-lane expressway will connect Commonwealth Avenue to Nueva Ecija.

Also undergoing construction is the 66.4 kilometer Central Luzon Link Expressway (CLLEx) that will link Tarlac City to San Jose, Nueva Ecija. On the other hand, the Subic–Clark–Tarlac Expressway (SCTEx) that links Hermosa, Bataan to Tarlac City; and the Tarlac–Pangasinan–La Union Expressway (TPLEx) that links Tarlac City to La Union are already operational.

“Given all the investment being poured by both the public and private sector to Central Luzon, we are positive that Central Luzon will finally gain the attention it deserves. All these improvements plus the world-class service and commerce and leisure opportunities that will soon be available at The Infinity will raise the bar of business excellence in the region, Siy said.  

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