PROJECT BRIEF
-Another Commercial Space for Lease with Total area: 35,000 sqms •Location: midway between A. Bonifacio and Bayan-Bayanan avenues; (Note: Each of these 2 districts host a major public market which serve as their respective anchors.) •Boundaries: Roosevelt College (east), Barangay Concepcion Uno (north), JP Rizal Avenue (south), and Sta. Teresita Village (west);
- Visible traffic generator: Roosevelt College and PLM, approx. 1.0 km away;• Accessibility/Connectivity: Car or PUV (jeepneys, FX, tricycle); JP Rizal is traffic prone road, considered as one of the busiest roads in Marikina, connecting the city to San Mateo, Rodriquez, Montalban, Quezon City, and Pasig, among others;
PROJECT STRENGTH
- Located along J. P. Rizal Avenue, one of the busiest 2-way thoroughfares in Marikina City;
- Wide frontage and catchy entrance / pylon sign makes GV highly noticeable and easy-to-find;
- Competitive size;
- Availability of alternative access roads east and south of the property, making traffic circulation manageable;
- Company’s credibility and roots in Marikina City
PROJECT OPPORTUNITIES
- Captive residential market (BC segment) within the immediate vicinity of the project;
- Large market of commuters and motorists plying the area;
- No major single commercial development within critical 2km radius from project site;
- Shortage of parking and commercial spaces at the Bayan-Bayanan and A. Bonifacio districts;
- Possible alliance of events and promotions with Sta Lucia Grand Mall
MARKET DATA
- Golden Valley has an immediate residential market of 161,728 individuals in 34,915 households;
– This accounts for 36.2% of Marikina’s total population;
– It consists mostly of class BCD and some DE communities in Malanday, Sto. Nino, Concepcion Uno;
– Malanday residential communities within walking distance from GV: Filipinas Village; Sta. Teresita Village; Sampaguita Village; Siasoco Compound; Parkland Estates; MBLA Subdivision; Valentino Subdivision; San Diego Compound; Emerald Village;
- Recognizable traffic generator in the immediate vicinity of GV is Roosevelt College (+/-1,000 people on a school day);
- GV is exposed to daily transient market (i.e., commuters and motorists) plying J. P. Rizal Avenue
– Estimated to be from 10,000 to 20,000 during a regular working day, especially on a school day;
- Traffic is composed mostly of Rizal, QC, and Marikina residents going to school, work, or business within or outside Marikina;