The Ayala Group strengthens its presence in Davao City with the announcement of a new Ayala Malls located within Azuela Cove, the city’s 25-hectare premier waterfront estate in Lanang. This upcoming development marks the second major mall project of the group in Davao, following the continued success of Ayala Malls Abreeza.

A Rising Coastal District

Since its launch in 2017, Azuela Cove has rapidly evolved into one of Davao’s leading lifestyle and community destinations. The estate is known for its open coastal spaces, sunrise yoga sessions, fitness events, and its signature promenade that connects restaurants, parks, and activity hubs by the sea. The introduction of a new Ayala Malls is set to enhance this coastal experience by offering a modern, walkable retail environment that blends indoor retail with outdoor recreation.

Modern Architecture and Seamless Connectivity

The new Ayala Malls will feature a three-level retail structure designed to reflect the district’s waterfront setting. Clean horizontal lines, large glass openings, landscaped edges, and open terraces are planned to welcome natural light and sea breeze into public spaces. Integrated directly with Azuela High Street, the mall will expand access to dining, wellness, and retail experiences, creating a seamless connection between the promenade and commercial spaces.

Confidence in Davao’s Market

The move by Ayala Land is a strong indicator of confidence in Davao’s economic positioning. With strong consumer demand for lifestyle environments and accessible public spaces, the group’s investment underscores the city’s growth trajectory and strengthens its status as one of the fastest-rising urban hubs in Mindanao.

The success of Ayala Malls Abreeza, which opened in 2011 and remains a central shopping destination in Davao, has paved the way for expanded development. Together, Abreeza and the upcoming Azuela Cove mall reflect long-term confidence in the Davao retail market and highlight a strategic focus on creating integrated lifestyle communities.

Impact on Local Real Estate

The arrival of a major commercial development within Azuela Cove brings significant value to surrounding properties. Historically, large-scale lifestyle projects have contributed to higher land demand, stronger appreciation curves, and increased interest from local and international investors.

With Azuela Cove’s location in the highly accessible Lanang district — close to business centers, airports, hotels, and major tourist routes — the estate is positioned to become a defining anchor of Davao’s future coastal urban lifestyle.