Makati City,
April 10, 2025 — P.A. Properties, through
its affiliate P.A. Residences, has
officially finalized the sale of a property to Onzal Development Corporation, marking a significant milestone in
the continued development of The North
Grove in Caloocan City. The deal was sealed during a ceremonial signing at the F&M Building in Makati
City.
The acquired lot is set to become the site of the very
first McDonald’s franchise within The North Grove community—bringing
world-renowned food service and greater convenience to residents and
neighboring communities.
This acquisition aligns with P.A. Properties’
strategic vision to enhance its residential developments by integrating
commercial establishments within its communities. By doing so, the company aims
to create vibrant, self-sustaining neighborhoods where everyday needs are
within easy reach.
“This initiative reflects our strong commitment to
providing not just homes, but thriving environments where families can live,
work, and enjoy,” said Florlita Tabuzo, SVP for Commercial Business Unit
The integration of McDonald’s into The North Grove
signals continued progress in building holistic and livable communities,
underscoring P.A. Properties’ mission of enriching the Filipino lifestyle.
####
About P.A. Alvarez Properties and Development Corporation
Nestled in San Pedro, Laguna, P.A. Alvarez Properties and Development Corporation (P.A. Properties) is a leading developer of low to medium cost housing communities in Southern Luzon. Since its establishment in 1994, the company has crafted over 30,000 homes across key Philippine provinces, with plans to build an additional 20 communities in the next 5 years. P.A. Properties, guided by the tagline “Behind Every Home is a Story,” not only addresses the nation’s housing backlog but also actively contributes to economic growth. Through philanthropic initiatives, such as hospital donations in Cabuyao, providing right of way in Pampanga for civic centers, and establishing SanJo’s markets in provinces like Laguna and Bulacan, the company weaves a narrative of community development and nationwide impact.
