Davao to have BGC-like ‘High Street’ through Ayala, Alcantara tie-up
The Azuela Cove waterfront estate in Davao City is rolling out a new lifestyle district to capture demand for new retail options.
Backed by Ayala Land Inc. and Alcantara Group, Azuela is set to unveil the first phase of its “Azuela High Street” district akin to Ayala’s High Street project in Bonifacio Global City (BGC).
Azuela High Street will offer a mix of shopping and dining destinations and will connect to a future boardwalk project.
“It’s really the right time to expand Azuela Cove. The market is ready and we’re very excited to offer something that will elevate the overall experience in our community,” Yeng Tupaz, vice president of Ayala Land, said in a statement.
“Drawing from the success of our High Street in BGC, we’re excited to bring the same vibrancy here while leveraging the unique seaside location of Azuela. This will truly be some place special once complete,” Tupaz added.
Azuela High Street will have a gross leasable area of 3,800 square meters. Apart from flagship retail stores and lifestyle brands, the development will feature an assortment of dining brands, including Davao specialty restaurants.
“The High Street’s indoor and outdoor spaces are also designed to be seamlessly integrated,” Tupaz said.
“This way, we can amplify the effect of our green spaces and you can expect to be surrounded by nature all throughout Azuela Cove as our indoor spaces are enveloped by garden and sea views,” the Ayala executive added.
The project will also include a 1.2-kilometer jogging path, bike lanes and a basketball court.
“Azuela High Street brings Azuela Cove’s retail experience to a new level,” Anton Hechanova, vice president of the Alcantara Group, said in the same statement.
“Commercial developments act as catalysts in key [central business districts] and townships. They create lifestyle hubs for customers and patrons to enjoy their shopping, dining and social activities all in one location. We are very excited to start Azuela High Street and to bring to Davao a complete lifestyle retail development,” he added.
—Miguel R. Camus INQ
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