Homegrown developer Damosa Land is strengthening its position in the property industry.
“We believe true progress is built on strategic partnerships that create meaningful impact. By aligning with industries where we find synergy, we can empower communities, generate jobs, and inspire excellence, ensuring every collaboration drives mutual growth and lasting progress,” president Cary Lagdameo said.
Damosa Land’s flagship project, Anflo Industrial Estate in Panabo City, Davao del Norte has become a hub for collaboration and innovation, attracting global brands and driving local economic growth.
In 2024, AIE welcomed Head Sport, the world’s largest tennis ball provider, which established its local production facility within the estate. This year, Head Sport is preparing for its highly anticipated inauguration in the second quarter, with operations set to commence shortly thereafter.
Additionally, AIE brought in GMAC Logitech Refrigeration Corporation, a joint venture project between AC Logistics Holdings Corporation (AC Logistics) and Glacier Megafridge, Incorporated (GMI) to develop a 12,000-pallet cold storage facility, aimed to improve food preservation, further boost local employment, and support agriculture.
AIE continues to grow as it attracts new locators, including Tide Solar, a leading solar panel manufacturer investing $3 million (P169.2 million) to establish a solar panel manufacturing facility. This venture not only creates more job opportunities but also strengthens the region’s position as a hub for sustainable industrial development.
For over two decades, Damosa Land has championed innovation and sustainability, with projects that transform communities and enhance quality of life. Landmark initiatives such as the UP Professional School for Agriculture and the Environment and Agriya Gardens have been integral to the ongoing development of the Agriya township in Panabo City.
In 2024, the company launched Kahi Estates, Davao City’s first agri-residence and first residential subdivision with 100 percent underground utilities, setting a new standard for eco-friendly living. The newly launched HQ Center in Cagayan de Oro also marks a milestone in Damosa Land’s regional expansion, supporting business growth in northern Mindanao.
In 2025, Damosa Land will expand its footprint in key cities and further explore opportunities in important industries. Major projects include the TRYP condotel on Samal Island, which will be developed in partnership with PHINMA, to enhance local tourism and support the hospitality sector’s resurgence.
Continuing its work on Samal Island is Bridgeport, the company’s premier marina lifestyle development designed to meet the growing demand for leisure-oriented residential and commercial properties. Bridgeport Park, the condominium component of the property, will soon inaugurate its first building and complete the construction of the second building.
In line with its mission to deliver exceptional experiences, Damosa Land is collaborating with Sunrise Events to host the highly anticipated 5150 triathlon race at Bridgeport on Samal Island.
“Our journey last year has been a testament to innovation and community-centered growth, which are the foundation of a bright future in Mindanao’s real estate landscape. With our plans and projects set for 2025, we remain steadfast in our mission to drive sustainable development and economic progress across the region,” Lagdameo said.