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Ayala-Anflocor Project Breaks Ground

The much awaited Ayala Land, Inc. (ALI) and ANFLOCOR Davao project takes a significant stride with a groundbreaking ceremony held on September 23, 2008 for their joint venture dubbed as Abreeza.

The ceremony was attended by Ayala Land, Inc. and ANFLOCOR executives and guests, who witnessed ANFLOCOR Chairman of the Board Mr. Antonio O. Floirendo, Sr., Ayala Corp. Chairman of the Board Jaime Augusto Zobel de Ayala II, Ayala Land Chairman of the Board Fernando Zobel de Ayala, Ayala Land President Jaime I. Ayala, Group Head of Ayala Malls and Ayala Businesscapes Ma. Victoria E. Anonuevo, Head of Ayala Land Vismin Emilio J. Tumbocon, ANFLOCOR Vice Chairman Antonio R. Floirendo, Jr., ANFLOCOR President Alexander Valoria, ANFLOCOR Senior Vice President Ricardo R. Floirendo, ANFLOCOR Directors Ma. Cristina R. Brias and Vicente R. Floirendo with Davao City Administrator Wendell Avisado break the ground at the Abreeza site along J.P. Laurel Avenue to formally signal the start of building work for the joint venture.

Brunch followed at the vast garden area of the Marina Pearl Farm, lending a relaxing atmosphere befitting the early morning ceremony. A well attended press briefing with the Davao media capped off the groundbreaking ceremonies.

Abreeza is the first major entry project of Ayala Land, Inc. in Davao City. When completed, Abreeza is envisioned to be an integrated mixed-used development that will innovate the city’s urban landscape. It will include a three-storey shopping mall, two Business Process Outsourcing (BPO) buildings and in the future, a hotel and residential and commercial lots. The first BPO building will be completed in the fourth quarter of 2009 while the first phase of the mall will open in the fourth quarter of 2010.

Ayala Malls Group’s Rowena Tomeldan, Cora Dizon, Javi Hernandez, Grace Sta. Ana, Cathy Bengzon, Tina Adriano; Ayala Businesscapes Group’s Steve Dy, Mel Ignacio, Anna Garcia-Ramos; Construction Management Group’s Richard Yap, CHI executives Francis Monera and Clavel Tongco also attended the event.