Aeon Towers boost Davao’s ascent as investment haven

The near completion of Aeon Towers, soon to be Mindanao’s tallest building ever, is a clear testament of the economic growth and investments potentials of Davao City.

Economic observers say the changing skyline of Davao City, marked by the mushrooming of high-rise condominium projects like the 33-level signature project of local developer FTC Group of Companies, in indicative of the booming economy of the city and a product of the high investor trust and confidence.

Emerging as Davao’s new iconic building, Aeon Towers is set to be operational by end of this year. The project officially topped off last February 28 and is now nearly 75 percent complete.

The P3.1 B mixed use project is strategically located at the Central Business District (CBD) along JP Laurel Avenue in Bajada where major shopping centers and business establishments are located.

Aeon Towers has a total land area of 4,574 square meters and boasts of 473 units—144 of which will be operated by a global hospitality investments firm. Another 144 units will be devoted for a luxury hotel-apartment.

The building is equipped with 300 slots of parking bays and will also feature restaurants, offices and shops. The commercial spaces will be located from the ground floor to the fifth floor while the seventh floor to tenth floor will be allocated for the hotel component.