Connect with us

Hi, what are you looking for?


FTC Group launches mixed-use, high-rise project in Davao City

CONCEPTUAL model of the planned Aeon Bleu complex — AEON BLEU FACEBOOK PAGE

REAL ESTATE developer FTC Group of Companies Corp. has launched its second project in Davao City.

FTC Group is developing Aeon Bleu, a complex with three residential buildings, one condotel, one office building and another one for sports and lifestyle activities.

“Aeon Bleu’s phase 1 construction is now ready to begin. This will comprise of residential towers 1 and 2, the condotel at tower 3, and the Club at tower 5,” FTC Group President and Chief Executive Office Ian Y. Cruz said at the groundbreaking ceremony on Dec. 12.

The Club Aeon is considered “the crown jewel” of the project, Mr. Cruz said. It will have a basketball court, fitness facility, children’s playroom, entertainment area, and six themed swimming pools.

“Phase 2 will comprise the construction of Corporate Tower at tower 4 and the future residential development at tower 6,” he said.

Aeon Bleu, being developed by subsidiary Aeon Luxe Properties, Inc., is the homegrown company’s second project in the city.

The first was the 33-floor mixed-use Aeon Towers, currently the tallest building in Mindanao in southern Philippines.

Mr. Cruz said the highest building in the new project will have 26 floors. It will be located in a 1.6-hectare property along Bacaca Road in a central part of the city.

“We’ve planned meticulously to build such luxury in the heart of Davao. We started with small steps then we picked up our pace and today we’re finally going to take a giant leap towards the realization of Davao’s Aeon Bleu,” he said.

The company first announced plans for the Aeon Bleu project in 2018.

Mr. Cruz said they are targeting to complete phase 1 in three years, and the second phase after three more years. — Maya M. Padillo

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!


Editor’s Pick

<?xml encoding=”utf-8″ ??> Ava Whetstone-Magee, the founder of Avalanche Equestrian talks about the lightbulb moment which led her to start her business at the age...

Editor’s Pick

<?xml encoding=”utf-8″ ??> The exodus of workers from the jobs market over the pandemic has weakened prospects for Britain’s economic growth, the governor of...

Editor’s Pick

<?xml encoding=”utf-8″ ??> Will Polston, talks to Business Matters about how helping ambitious owners to maximise their potential has resulted in him becoming a finalist...


Elon Musk talks about his company’s Starlink project at the Mobile World Congress, Barcelona, Spain, June 30, 2021. — BRISA PALOMAR / PACIFIC PRESS/SIPA...


PHILSTAR FILE PHOTO The National Economic and Development Authority (NEDA) has approved seven “high-impact” projects, ranging from agriculture to transportation, the agency’s top official...


Television (TV) advertising is shifting toward addressable TV, a service that allows advertisers to show different ads to different audiences watching the same program,...

You May Also Like


COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...


REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...


BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...


KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

Disclaimer: Respect, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.