Rockwell Land Corp. said it expects to generate growth as it leverages its 500-hectare landbank in the next five years.
Nestor Padilla, Rockwell chairman, said with most of its land bank located in key cities of Pampanga, Laguna, Batangas and Bulacan, the company’s presence in those areas “has given us the optimism to develop more products, allowing us to excite our core market with new offerings to complement their lifestyle.”
Padilla said Rockwell is set to launch three new horizontal developments this year.
“Among these is a new neighborhood in San Jose Del Monte, Bulacan spanning 100 hectares. This project in Bulacan will be called The Samanean at Paradise Farms. It is designed to build a hillside escape and wellness retreat for its future residents,” he said.
Padilla said upcoming in Lipa, Batangas are a 63-hectare mixed-use development in partnership with General Milling Corp. and a 38-hectare residential development with a hotel concept. The project, Lauan Ridges, will have a breathtaking view of the Taal Lake, he added.
“Our commitment to provincial development remains steadfast, as evidenced by our ongoing expansion and development efforts in provincial areas,” said Valerie Soliven, Rockwell president.
“With projects underway in Bulacan, Batangas, and the Visayas, we anticipate significant progress in the provinces,” she added.
Meanwhile, Padilla also said the company’s office space development arm, Rockwell Workspaces, is unveiling 1 Rockwell in Cebu City, marking the unit’s first venture outside of Metro Manila.
Set for launch in July, 1 Rockwell will be the first office building in the 2.8-hectare IPI Center community in Cebu City.
Rockwell closed 2023 with profits of P3.1 billion, up 35 percent, while its revenues amounted to P18.5 billion.
