[PHOTO ATE LEFT - Nuvoland Philippines and partner Libra Agro Industrial in nuvocity groundbreaking ceremonies (from left to right). Nuvoland directors VG Martinez and Rally Martinez, Libra Agro directors Minette Lee, Ana Pastelero, Carmelita Banson, Mayor Sonny Belmonte, Nuvoland directors Menardo Jimenez, Kevin Belmonte, Ramon Bienvenida and Joel Jimenez]

MANILA, FEBRUARY 4, 2009 (STAR) Nuvoland Philippines Inc. along with its joint venture partner Libra Agro Industrial Corp., recently broke ground at Nuvocity, a mixed use vertical community located on C5 corner Industria Street Bagumbayan, Quezon City. Nuvocity, which was masterplanned by world-renowned planners, Edmonds International, has a total area of 4.2 hectares and a project cost of P20 billion over a 10 year period. Construction will be initially focused on the first residential tower, aspire@nuvocit, which is a 49-storey building designed by Architect Meloy Casas of Casas+Architects.

Leading the ground breaking ceremony was QC Mayor Sonny Belmonte, who lauded the Nuvoland for its vision in nuvocity as a 21st century development in the city. Quezon City is currently the largest city in the Philippines, in terms or area and population, and also the richest in terms of city revenues. Mayor Belmonte added, “gaganda ba ang nuvocity if it was not part of Quezon City”. He challenged the Nuvoland board of directors led by its chairman Menardo Jimenez, president Kevin Belmonte and executive director Rally Martinez. ...”grow with us and we will grow with you.”

Nuvocity is envisioned to be the first “Green” mixed use inner city development in the Philippines. Edmonds International has integrated in its design not only “green building”, such as natural lighting and ventilation within the units and the common areas , but also a “green environment”, such that pedestrian and vehicular circulation are separated eliminating conflict in the passageways and the alignment of buildings to maximize the sun’s penetration into the developed areas. The ground level will only allow for pedestrian traffic, while the vehicular traffic is tucked in the basement levels, minimizing noise, smoke pollution and traffic congestion. This will allow resident and office occupiers of nuvocity full benefit to the large open spaces, pocket parks and tree lined carriageways at the ground level. Nuvocity is comprised of eight towers, five of which are residential, while the remaining three are office towers with a commercial podium to act as a village center for the residents and office workers.

Meanwhile, the almost sold out residential tower of aspire@nuvocity, will sit on a podium, whose top amenity deck is interconnected with the other seven towers in nuvocity, creating a fifth façade for the residents of the tower. The fifth façade is the overlay of the podium decks of all eight towers in nuvocity, that will house a wide range of recreational facilities from tennis courts, basketball courts, swimming pools and gyms allowing for greater interaction between residents of each building.

Nuvoland president Kevin Belmonte mentioned that nuvocity was envisioned to meet the emerging needs to of global Filipinos for a residential enclave whose primary feature is exclusivity and privacy coupled by high accessibility and convenience. All these, key success factors result in a robust community and will be found in

Jimenez added that the early start of construction of aspire@nuvocity is testament to the company’s resolve to deliver on its promises to its client regardless of circumstance and the strong belief that the country’s economy shall continue to weather the ongoing external financial crisis. With crisis comes opportunity, and for the local and international buyers that are still interested in purchasing a residential condominium, there will be a flight to quality, and Nuvoland as a developer and aspire@nuvocity as a home, will definitely be a top choice.

Chief News Editor: Sol Jose Vanzi

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