Cagayan de Oro New Uptown District Will Rise Soon

True to its vision of pioneering master planned communities in the region, A Brown Co. Inc., (PSE: BRN) offers Kagay-anons another first.

“We are building a new district in the southern part of the property up to the edge of the river, this is the New Uptown District Xavier Estates”, ABCI President Robert Pizarro in an interview.

The New Uptown District, located by the Taguanao Highway beside the Xavier Estates Ignatius Enclave, will feature commercial centers and condominiums. The premier twin towers will highlight the development. Eight mid-rise condos wrap the property.

“We want to promote a healthy lifestyle among the residents, thus you look forward to having lots of greenery and water features. Taking care of the environment is one of our thrusts, and the development footprint features 50% open space.“ Pizarro revealed.

Plans are on the way for the first phase which will include a commercial area and two mid-rise condominiums. The one-to-one parking ratio must be underscored.

This New District complements what is already present in the vicinity including a new tertiary hospital, grade schools and high schools, mall and commercial banks.

“This development is only Phase 1 of the new city that A Brown is building in this part of the region”, Pizarro concludes.

The upcoming real estate projects of ABCI also include the Coral Resort Estates Phase 2 and Teakwood Hills Phase 3. Both projects will offer high end house and lot units.