Arthaland focuses on their “green” township in Laguna
Arthaland Corp., famous for their environmentally friendly practices (SEE: ArthaLand: Pioneering Sustainable Development in Real Estate), recently broke ground for Sevina Park, their new mixed-use development spanning 8.1 hectares in Biñan, Laguna.
Sevina Park will be Arthaland’s first township project and is situated nearby the Laguna Boulevard interchange of the under-construction Cavite-Laguna Expressway (CALAX). This project is also praised as the first neighborhood development in the Philippines registered for a Leadership in Energy and Environmental Design (LEED) certification. This is awarded by the U.S. Green Building Council.
Jaime C. Gonzales, the vice-chairman, president and chief executive officer of Arthaland said, “It’s consistent with the commitment of Arthaland that all of its developments will be green and sustainable. For me, it’s one of the more exciting projects that we have.”
They’ve planned Sevina Park to have 60% of the area dedicated to green and open space. This neighborhood will also have its own sewage treatment plant, as wells as storm drains and catch basins for water conservation purposes. Furthermore, in line with Arthalands’s partnership with the World Wide Fund for Nature, endemic and endangered trees will surround the area.
“Just like what we did with Arya Residences, we were leading the way for sustainability in residential development, we’re leading the way again, this time for a township development,” said Leo T. Po, executive vice-president and treasurer of Arthaland. Arya Residences is a LEED-certified two-tower condominium project of Arthaland in Taguig City.
“By integrating all the principles of LEED into a community, we’ll be able to further push the envelope in terms of sustainability. Because not only are we focusing on making one building LEED. We’re making an entire community LEED. That means that the units will have optimized energy consumption, optimized use of water. We will minimize waste and maximize the resources that we have available to us,” he added.
The construction for Sevina Park’s 108 energy efficient villas, which will have two to four bedrooms, is underway. The “villa 170 unit type” or the four-bedroom villa will include additional features such as: a provision for solar power systems, a mechanical exhaust and a Forest Stewardship Council-certified wood. These features are said to qualify the villa to be the first LEED-certified home in the country.
Arthaland aims to finish construction by 2021 and start turnover to buyers in the same year.
The pegged introductory price of a villa is at around P110,000 per square meter. Christopher G. Narciso, the executive vice-president for business development of Arthaland comments, “Because the major infrastructure that’s upcoming, the CALAX highway, will soon open… all of you know what happens the moment a major highway infrastructure happens in correlation to real estate prices. So our introductory price is really good”
Arthaland is targeting families in Laguna, Cavite and southern Metro Manila, and executives at industrial parks nearby.
A 348-bed student dormitory also operates at Sevina Park and Arthaland will also build low-rise condominiums and offices.
Arthaland currently has nearly 50 hectares of landbank, including in the cities of Calamba and Tagaytay and in Batangas, that it may “activate when the time is right,” Mr. Po said.
“We continue to be out there looking for properties to acquire,” Mr. Gonzalez said.
“We’re looking for more properties obviously here in the CALABARZON area because we’re already here,” Mr. Po said. “But we’re also looking at other growth areas and key cities around the country.”
Image retrieved from Business World