Ayala Land’s ‘Cloverleaf’ aims to become new landmark in Quezon City
March 23, 2015
Balintawak, the gateway to the north, is where Ayala Land Inc., the company behind the Makati Central Business District, Bonifacio Global Taguig, and Nuvali, expands with another premier development project.Ayala Land has named the project “Cloverleaf” and it is designed to be another addition to its list of products. It will bear features of exclusivity, convenience, strategic location, and diversity of lifestyle options anchored on a well-thought out blueprint for growth.Ayala Land broke ground for Cloverleaf March 16, at the 11-hectare mixed-used development site in Balintawak, Quezon City.
“Our vision is to create a pocket urban development. Cloverleaf will give people access to refreshing retail, business, lifestyle and residential possibilities, elements that create an ideal urban lifestyle,” said Meean Dy, Ayala Land SVP.
Cloverleaf, the newest Ayala Land signature project, is a P25-billion development which will be completed within 10 years. It will house a 40, 000 sqm mall, a hospital, two residential towers, and a landscaped pedestrian promenade.
A highlight of the development is the 500-meter long landscaped open area that will connect EDSA to A. Bonifacio and will allow residents, shoppers, and workers to have a safe walking experience.
The 34 percent of the area will be assigned for residential purposes. Avida Tower and Alveo Tower will occupy a 1.4-hectare area. Avida Tower will have about 2, 000 units and Alveo Tower will house 600 units. Avida and Alveo towers will be completed by 2019 and 2020 respectively.
For the commercial area, 62 percent of Cloverleaf is envisioned to house retail and business developments that will be anchored on the 40, 000 sqm Ayala mall.
The mall, which is set to be opened by 2017, is positioned to be a melting pot for Asian culture offering a diverse array of dining concepts for residents of Balintawak, Caloocan, Malabon, Novaliches, and Valenzuela.
Across the mall will be the Qualimed Hospital that has 250 beds with state-of-the art medical equipment which will be completed by fourth quarter of 2017.
“We always make it a point to locate where our products and services are easily accessible to more people,” said Dy.
Cloverleaf will rise along EDSA and A. Bonifacio, flanked by Metro Manila’s major cities, including Caloocan and Quezon City, with the community being accessible to the LRT1.
Dy said that phase 1 of the project, that includes the mall, hospital, Alveo, and Avida towers will be finished in five years. After that is completed, phase two will start the construction of the retail stores, residential area, and offices, with a target completion date set within five years.