Damosa Land rolls out mixed-use development project
Bridgeport main entrance rendering

Damosa Land rolls out mixed-use development project

By: Rizal Raoul Reyes

Publication: BusinessMirror

Date: March 1, 2022

Davao-based property developer Damosa Land Inc. (DLI), the property development unit of the  ANFLOCOR Group, recently launched Bridgeport, the newest mixed-use development inspired by the US East Coast community, featuring low-density condominium buildings, premium open lots, a condotel, commercial area and events place, and an exclusive marina.

A 13-hectare low-density marine development, Bridgeport will be developed into a premium township and positioned as a secondary leisure home where families can experience the luxury and comfort of seaside life. Strategically located in Caliclic, Island Garden City of Samal, Bridgeport is only five minutes away from Davao City by an exclusive powerboat.

“Kicking off 2022 with the launch of Bridgeport exemplifies the capabilities and opportunities Damosa Land has to offer in the evolving real-estate landscape,”  Ricardo F. Lagdameo, President of Damosa Land Inc. told the press in a recent online briefing.  “Bridgeport does not only offer a scenic waterfront location where accomplished individuals can call their home but also brings in investment opportunities given its strategic location and distinct lifestyle experience. Those aspiring to live a quality life without compromising work and business can look to Bridgeport to grow their business or family.”

The youthful chief executive of DLI pointed out that the company always tries to be on top of the game by giving importance to the need for open spaces in response to the pandemic. In Bridgeport, Lagdameo said it offers plenty of green areas for parks and playgrounds. In line with its landscape design philosophy “Harmony with Nature,” Damosa Land keeps up with the natural slopes of its location to create forest park and hiking trails that will allow for the best outdoor experience.

Lagdameo said DLI  is well-positioned to implement the project, and at the same time is bullish on Bridgeport as there has been a high demand for open spaces in Davao. “We benefited from the boom for open spaces,” Lagdameo said.

On the business side, Bridgeport will provide opportunities to local entrepreneurs to thrive as the property can bring in investors at its very own commercial and events space. Sales value of Bridgeport is worth P3 billion.

DLI will be on a roll entering  with the launching of their other developments with real estate, agri-business, tourism, and manufacturing remaining as key sectors driving diversified investment in the Davao region. This includes Damosa Diamond Tower, Damosa Land’s 17-story tower that showcases sustainable green architecture designs; the agritourism component of Agriya, Naturetainment, which is an attraction that will allow children and adults to experience nature and the farm life; and, the commercial center of Anflo Industrial Estate, the 63-hectare Special Economic Zone registered under the Philippine Economic Zone Authority which hopes to attract both local and foreign investors to diversify and enrich the economy in the region.

The company will also continue to roll out its expansion of Regus Centers in Mindanao, tapping into the market of other key cities in the region such as General Santos and Cagayan de Oro. Its partnership with the University of the Philippines is also seen to yield fruition with the construction of the UP Professional School of Agriculture and the Environment in Panabo City.

“Damosa Land Inc. remains committed to supporting the recovery of the Philippine economy through providing growth opportunities in Davao Region,” said Lagdameo. The sustainable and innovative solution present in our various projects is a testament to our belief in the potential of the local Davao community that we hope to contribute to its progress.

Initial turnover will be in 2025.

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