DMCI Homes, the real estate subsidiary of DMCI Holdings Inc., plans to upgrade its Acacia Estates township in Taguig City through major infrastructure renovations and amenity expansions at an estimated cost of more than P4 billion.
Acacia Estates, DMCI Home’s largest land bank in Metro Manila, will see improved internal roads, expanded green spaces, upgraded communal venues and a transformed Town Center featuring commercial and leisure facilities following the makeover, the company said in a briefing late Wednesday.
“Acacia Estates has been one of Metro Manila’s best kept secrets for almost 20 years now,” DMCI Homes President Alfredo Austria said.
“This upscaling initiative is designed to sustain the township’s growth, improve connectivity, expand amenities, and enhance the overall living experience while preserving the suburban character that residents value,” he added.
Expected to be completed by 2028, the initiative includes not just better roads but also expanded parks and leisure zones, an Eco-Center, a Rain Garden, and updated multipurpose venues.
DMCI Homes said the redevelopment and upscaling of the Town Center at Acacia Estates would cost an estimated P4.5 billion. The project will include a two-story commercial strip, supermarket, al-fresco dining areas and two residential buildings.
Acacia Estates currently spans 130 hectares, with 66 hectares developed and over 63 hectares available for future residential and community projects, indicating that a large portion of the estate remains dedicated to open and green spaces.
Since its establishment in 2007, Acacia Estates has grown into a multi-generational residential community of more than 10,000 units and 25,000 residents.
The company said the planned enhancements are aimed at maintaining the estate’s balance of safety, greenery, and connectivity to foster a wholesome environment for its current and future residents.
Shares of the company’s parent firm, DMCI Holdings, slipped P0.02, or 0.21 percent, to close at P9.55 each on Thursday.