Written by: Vanessa Hidalgo
Trusted developer Torre Lorenzo Development Corp. (TLDC) is all set to enhance anew the skyline of Davao City with the launch of Crown Residences, the latest addition to its growing premier real estate portfolio in the southern island of Mindanao.
The announcement was made during the groundbreaking ceremony held for its showroom set to be opened by the end of the year.
Roster of premium projects
Crown Residences, the first residential condominium development in Tierra Davao, follows the success of TLDC’s roster of premium projects in Davao Region–from Davao City’s first five-star residential development that is Dusit Thani Residence Davao, dusitD2 Davao hotel, to Davao de Oro’s Dusit Thani Lubi Plantation Resort. All these projects continue to contribute to the growing economic sector of Davao Region by elevating residents’ lifestyles.
Located within the integrated-use development Tierra Davai, Crown Residences is Torre Lorenzo’s first premium residential development in Davao City. Present during the showroom groundbreaking ceremony were (from left) Mae Valdez, area sales head for VisMin; Cathy Casares-Ko, TLDC chief operations officer; Tomas P. Lorenzo, TLDC chief executive officer; Belinda Reyes, partner; and Jennifer Umali, TLDC chief finance officer.
“We’re in Davao for the long haul. The Davao region is seen to be one of the top-performing economies in the country, so it’s a very attractive investment destination for industrial, residential, hospitality and leisure industries,” said TLDC CEO Tomas Lorenzo. “We hope to cater to the growing property demand here and elevate lifestyles as we bring Torre Lorenzo’s signature quality residences in Davao.”
And Crown Residences will be no different. Set to rise within Tierra Davao, this 21-story premium residence is a low-density development with a total of 322 units consisting of studio, one-bedroom and two-bedroom units. Typical floors will have only 19 units, thus ensuring privacy, while penthouse floor will have 10 units. Each unit has a private balcony with fantastic views of the Davao Gulf.
Each unit has a private balcony with fantastic views of the Davao Gulf.
Healthy spaces, choice amenities
Crown Residences will ensure that its residents will have access to healthy spaces and curated, thoughtfully designed amenities so they can nurture their passions and raise families in a highly conducive environment. It also makes for a smart investment for those looking to lease out their units.
Crown Residences’ amenity floor
For one, TLDC will be allocating 40 percent of the project’s total area for open spaces to support the physical and mental wellness of future residents. Amenities that can be enjoyed exclusively by residents include a yoga and meditation garden, jogging path, swimming pool, children’s playground, fitness center, and function rooms. Fur parents need not worry too because Crown Residences will feature a dedicated pet park, designed to accommodate the needs of your pets.
Proximity to essentials
Given the development’s prestigious location, future residents will also find themselves conveniently near essentials as Crown Residences will be mere minutes’ away from the airport, as well as commercial and business districts.
“Torre Lorenzo has earned a reputation for its quality residential developments. At Crown Residences, we’re going to have our standard in-house property management to ensure comfort and peace of mind of residents. With its prestigious location, premium development, and thoughtfully-designed amenities, Crown Residences will not only be a viable investment and great half-way house, but also a home to Davaoeños,” explained Cathy Casares Co, chief operating officer of TLDC.
At its full development, Tierra Davao will be a P3.2 billion integrated-use development with two residential towers, one of which is the Crown Residences, while the other is Crest Residences. It will also be home to future office and commercial towers, anchored by the dusitD2 Hotel and Dusit Thani Residence.
ADVT.