Damosa Land accelerates projects in Davao, Mindanao

Damosa Land accelerates projects in Davao, Mindanao

Ricardo Lagdameo; Damosa Land, Inc
Ricardo “Cary” Lagdameo, president of Damosa Land, Inc. (DLI), says the company is eyeing to launch a new subdivision project in Catalunan Grande, Davao City in the second or third quarter of this year.


Davao-based property and real estate developer Damosa Land, Inc. (DLI) is accelerating its projects m in Mindanao including those in the Davao Region this year.

“Basically, we have ongoing projects in Samal, several in Panabo City, and Davao City. A lot of these projects are slightly delayed due to the pandemic but now we are very confident, we are moving forward, and we are launching them simultaneously while completing the other projects. Medyo busy ang new year natin,” said Ricardo “Cary” Lagdameo, president of DLI, in an interview.

Lagdameo said DLI is eyeing to launch second or third quarter of this year a new subdivision project in Catalunan Grande, Davao City.

“We’ve been planning this for a year now. We are positioning this to be a bit more upscale with bigger and fewer lots,” he said.

The development of Bridgeport, DLI’s newest mixed-use development, is also ongoing. The project features low-density condominium buildings, premium open lots, a condotel, commercial and dining areas, and an exclusive marina.

Ameria, a premier subdivision that offers its future residents a chance to live a contemporary, nature-filled lifestyle within Agriya – an agri-tourism site in Panabo City, Davao del Norte, is also underway.

Lagdameo said DLI is also expanding the flexible workspace Regus Business center. Currently, there are two centers in Davao City and DLI is expanding it in Cagayan de Oro, which is expected to be operational in June this year.

DLI is the franchise partner of IWG, the leading flexible workspace provider with brands such as Regus and Spaces.

“We are eyeing to open Regus centers across Mindanao not just in CDO. We will have GenSan eventually and other cities as well,” he said.

Meanwhile, Lagdameo said that DLI has able to achieve 100 percent occupancy for the 16-story Damosa Diamond Tower between last year and the first quarter of this year. The tower now houses locators that include three brand new BPO companies, Anflocor Management and Investment Corporation, and DLI. – Maya B. Padillo, Edge Davao

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