Alviera doubles industrial park area; offers SFBs for PEZA-registered industries
Alviera, an integrated mixed-use estate in Porac, Pampanga jointly developed by Ayala Land, Inc. (ALI) and Leonio Land Holdings, Inc. (LLHI) has announced expansion plans for the estate’s industrial park encouraged by the strong sales take-up of industrial lots during its initial phase. With an additional investment of PHP 505 Million, the Alviera Industrial Park has grown from 32 to 64 hectares, with new areas to cater to both non-PEZA and PEZA-registered industries.
Positioned to nurture contemporary lifestyles by integrating residential, business, tourism, and leisure pursuits, Alviera likewise aims to propel economic activities in the region.
As a result of the rapid 95% take-up of the first phase of the Alviera Industrial Park with 16 industrial lots sold, the second phase will open with 22 one-hectare lots for an average investment of PHP 58 Million each. The new phase is expected to generate 1,500 new jobs and contribute to the growing economy of Pampanga. Target turnover to locators is by the fourth quarter of 2019.
The Alviera Industrial Park is strategically located and is easily accessible via SCTex and major thoroughfares that connects it to other key cities and economic hubs. Both phases of the industrial park were designed for light to medium, non-polluting industries and have signed up locators in food manufacturing, motorcycle assembly, packaging, logistics and warehousing.
Through a partnership with Laguna Technopark Inc., the park has allocated a three-hectare hub in Alviera Industrial Park Phase 1 to build Standard Factory Buildings (SFBs) for PEZA-registered industries. It will have the basic amenities required by the prospective lessees such as loading bays, fire protection system, office, and others. The target opening of the SFBs is in the 1Q of 2019.
Other property features of Alviera continue to emerge with initial residential offering by Alveo and Avida selling 74% of their total phase one inventory. These residential projects have seen values appreciate by 20% in the past two years as the estate continues to rise. Luxury brand Ayala Land Premier will soon launch a residential subdivision beside the Alviera Country Club slated to open in the 4th quarter of 2018. The Alviera East Commercial, a seven-hectare commercial hub situated next to Holy Angel University, and in close proximity to the industrial park and residential communities is also being built to serve the community’s needs.