AYALA LAND, Inc. (ALI) and Leonio Land Holdings, Inc. are targeting a soft opening by yearend for the first neighborhood retail hub at their 1,800-hectare Alviera estate in Porac, Pampanga.
Construction of The Shops Alviera is under way, the companies said in a statement on Monday.
Ayala Land described the development as its first “signature retail concept” in Northern Luzon. The retail and lifestyle hub will serve Alviera residents and surrounding communities.
Confirmed tenants include 21st Bean Cafe and a 7-Eleven convenience store operated by listed Philippine Seven Corp.
Meanwhile, Miriam College Alviera welcomed its first batch of college students when classes started on July 27.
The school occupies 10 hectares within the estate. It initially offered kindergarten to Grade 10 classes before expanding into higher education.
Miriam College previously announced plans to offer graduate and technical-vocational programs, as well as international degree pathways through its partnership with Camosun College in British Columbia, Canada.
Ayala Land announced in June 2023 that it would spend P10 billion over three to five years to expand Alviera.
Of the amount, P2 billion was allotted for the A-Block commercial area, while P8 billion was earmarked for infrastructure and residential development.
The estate’s 64-hectare industrial park has been sold out to locators including Monde Nissin Corp., Heavy Duty Packaging Corp. and Badan Building Materials Corp.
Alviera also has residential developments catering to different market segments, including Park Estates by Ayala Land Premier and Vermont Settings by Avida Land.
Its leisure facilities include Sandbox, City Kart Racing and the Alviera Country Club. — Juliana Chloe A. Gonzales
Alviera targets end-2026 opening of first retail hub
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