Rockwell Land Corporation, the upscale property development arm of the Lopez Group, is launching three new projects in the provinces this year as it starts developing its landbank of 500 hectares.
During the firm’s Annual Stockholders’ Meeting, Rockwell Land Chairman and CEO Nestor Padilla noted a significant growth in its landbank to 500 hectares this year and that this is projected to generate an increase in revenue for the company in the next five years.
“More than 90 percent of our land bank is located in the key cities of Pampanga, Laguna, Batangas, and Bulacan. Our current presence in these strategic sites has given us the optimism to develop more products, allowing us to excite our core market with new offerings to complement their lifestyle,” he added.
This year, the company is set to launch three new horizontal developments. Among these is a new nature-inspired community in San Jose Del Monte, Bulacan spanning 100 hectares.
This project in Bulacan will be called The Samanean at Paradise Farms is designed to build a hillside escape and wellness retreat for its future residents.
“Launching in the third quarter of this year, future residents of the first phase can invest in 250 to 300 sqm lots amidst sprawling landscapes and rolling terrains,” said Padilla.
Meanwhile, upcoming in Lipa, Batangas are a 63-hectare mixed-use development in partnership with General Milling Corporation (GMC) and a 38-hectare residential development with a hotel concept.
Padilla said the joint venture with General Milling will initially offer lots sized 250 to 400 sqm.
“It shows a strong potential to be a Rockwell Center mixed-used community in the Calabarzon region, especially with the completion of a 38-meter-wide bypass road that provides direct access to the development,” he said.
The other Lipa project will be an exclusive community called Lauan Ridges that boasts of panoramic views of the Taal Lake. Within its 38-hectare expanse are residential lots and a unique hotel concept that will be a respite from the busy metro, only 1.5 hours away.
“Our commitment to provincial development remains steadfast, as evidenced by our ongoing expansion and development efforts in provincial areas,” said Rockwell Land President and COO Valerie Soliven.
She noted that, “With projects underway in Bulacan, Batangas, and the Visayas, we anticipate significant progress in the provinces.”
Rockwell Workspaces likewise makes its first venture outside of Metro Manila with the July 2024 launch of 1 Rockwell, the first office building in the 2.8-hectare IPI Center community, presenting new investment opportunities at the heart of Cebu City.
“As we look ahead to 2024, Rockwell Land remains poised for continued success. Anchored by financial stability, a culture of innovation, and a focus on customer satisfaction, we are primed to seize emerging prospects and establish our prominence in the real estate sector,” Soliven said.