Ayala Land Inc.'s brand of low-cost housing, Amaia Land, broke ground on their flagship development in Bacolod City.
The groundbreaking ceremonies were held for Amaia Steps in Capitol Central, Ayala Land's mixed-use development in Bacolod -- the first of its kind in the city.
"We are truly excited to bring Ayala Land's expertise in developing communities to Bacolod," issued Ayala Land president and CEO Bobby Dy.
"Bacolod is a key development area and a city facing rapid growth, and we are privileged to have been given the opportunity to work with the provincial and city government as partners in progress," said Dy.
Set to rise along San Juan St., Brgy. 8, Amaia Steps Capitol Central has 288 residential units in its North Building, a mid-rise component with nine stories.
Spanning 24 to 31 square meters, the units are priced at P1.6 to P2.9 million each, payable by cash, deferred, and bank- and in-house financing.
The project will feature amenities such as a pool, landscaped gardens, a jogging path, a kids' playground, a multipurpose hall, and retail shops on the ground floor. It also has views of Talisay, Bacolod City, and the Guimaras Strait, according to the developer. Residents will have access to transportation routes and the Bacolod-Silay International Airport, 13 kilometers from the site.
A special guest at the groundbreaking rites, Negros Occidental Governer Alfredo Marañon Jr. stated, "Today marks another historic event for Negros Occidental as we break ground on one of the biggest development projects in our province. What used to be an idle piece of land for many decades will now be transformed into the center of economic activity."