Ayala Land starts development in Olongapo

Inquirer 2/3/2010

The City Government of Olongapo, Subic Bay Metropolitan Authority and Ayala Land Inc. recently entered into a Letter of Agreement to master-plan the 7-ha Olongapo City Triangle bounded by Rizal Avenue and Magsaysay Drive near Subic Bay Freeporit tone’s main gate.

Complementing Ayala Land’s forthcoming Subic mall development, this initiative aims to promote economic activity and improve the quality of life of the community through the development of a master plan for an environment-friendly, integrated, mixed-use district. The said master plan shall designate zones for residential, commercial, institutional and socio-civic components with the end vision of transforming the Olongapo and Subic corridor into a desired destination and center of economic growth in the region. The implementation of the master plan will be undertaken jointly by the city government of Olongapo and Subic Bay Metropolitan Authority.