Damosa Land Inc (DLI) Vice President Ricardo “Cary” Lagdameo told media that his office continuously looking for potential opportunities to expand in Mindanao.
Lagdameo said there is a possibility of expanding their commercial development in General Santos, the Valley High Complex. Situated right at the heart of the metro, Valley High Complex presents a mixed-use commercial setting providing Generals with the best comfort and convenience.
“There’s a possibility. You know that’s a market that we have been studying for quite sometime as well. That is a very good property that eventually if there was an opportunity that we could expand there, although, right now we are 100% occupied,” Lagdameo said.
He said they have a small allocation for offices but don’t have a space right now to accommodate BPO offices.
Lagdameo said they are also looking at the possibility of expanding their Centrio, a 3.7-hectare mixed-use project in Cagayan de Oro City. But he said Centrio is more of an Ayala Land project.
“I think they already have some of their BPO locators. We are also looking at that market very closely. I think CDO is already a BPO hub as well definitely and we are looking at that possibility of expansion later on,” he said.
DLI is one of the successful pioneers in the industry of real estate and property development in Mindanao. DLI is among the first to introduce and build an urban mixed-use development in Mindanao. It established the DAMOSA District that comprises the ANFLOCOR Corporate Center, Damosa Gateway, Damosa Market Basket, Damosa Business Center, and the PEZA-accredited Damosa IT Park – a synergistic hub where business meets leisure to cater to the needs of modern day Davaoeños.
Soon after establishing Damosa District, Damosa Land, Inc. went on to establish more developments such as the McPod commercial building in the southern part of Davao, the 5-storey Topaz Tower which houses BPOs and corporate offices in Damosa IT Park, and the expansion of Microtel by Wyndham in the neighboring General Santos City.
DLI now extends beyond the need for commercial spaces as it takes a major leap forward in developing fast-rising urban residential communities. Its maiden project, the Damosa Fairlane, is nestled in the center of the fast-growing Lanang area in the neighborhood of restaurants, schools, corporate offices and leisure destinations.
Constructions are also ongoing for the towers of DLI’s Seawind project, a six-building low-rise development in the heart of the city. This six-building project boasts of its panoramic location within the 2.86 hectare property in Km 11 Sasa with unobstructed view of the Davao Gulf and the Island Garden City of Samal (IGACOS).
This is part of a series of residential projects of Damosa Land, Inc. in Davao City and Davao del Norte that are all designed to provide families a home in a nurturing community. Maya M. Padillo