The project will be part of the whole Centrio project, a 3.7-hectare mixed use development also by the real estate giant.

Centrio Tower is a 23-storey condominium soon to rise in the heart of Cagayan De Oro. The project is owned and developed by Cagayan De Oro Gateway Corp, a joint venture between Ayala Land Inc. and the Antonio Floirendo Group of Companies (Anflo Group). Avida Land Corp., one of the residential subsidiaries of Ayala Land Inc., on the other hand will officially handle the marketing and sales operations of the new development.

Ayala Land, the country's only full-line developer, has been rapidly expanding its businesses in the Visayas and Mindanao regions, building developments that integrate retail, residential and business among others. Such is the case with Centrio, which is set to offer a mall, hotel and various office spaces that include BPO centers.

"With Cagayan De Oro's booming and fast-growing economy, we believe it is the perfect time to complement such progress by building homes that will bring the lives of the people of this fast-growing city to exciting new heights," says Rico Manuel, Ayala Land Inc. Vis-Min Management Committee Member in-charge of Mindanao Development and concurrently the Corporate Treasurer of CDO Gateway Corp.

Manuel also disclosed that Centrio Tower will offer 21 floors of residential units that sit atop 2 parking levels. In addition 2 commercial units will be located at the ground floor. Studio, 1-BR and 2-BR units perfect for young couples, professionals and small families are available.

Guests at the Centrio launch were treated to a dazzling set of performances from two very talented musical artists: Arnee Hidalgo and Jed Madela.

Arnee Hidalgo, known as "the Philippines' RnB Siren", is one of the most sought-after Filipino performers locally and abroad. Arnee is a winner of several awards including Voice of Asia 2002 Silver Prize Winner and Most Beautiful Contestant Special Award; 2003 Campus Radio 97.1 OPM Artist of the Year, and 2004 Meg Magazine Breakthrough Artist.

Jed Madela is also a world champion vocalist, having won the 2005 World Championship of the Performing Arts in Hollywood, California, USA and besting some 3,000 other performers from 52 countries. Jed is a best-selling recording artist and a host at a popular TV variety show. His albums have earned Gold and Platinum awards.

Centrio Tower also has everything that an ideal condominium must have: free-flowing air and sunlight, limited number of units per floor for privacy and exclusivity, sensible amenities, emergency power in common areas and inside each unit, and easy payment terms.

Designed to give future residents utmost convenience and peace of mind, Centrio Tower features 24/7 security and will be maintained by the renowned Ayala Property Management Corporation, the company that manages all Ayala developments. Amenities include adult and kiddie swimming pools, a multi-purpose hall, outdoor exercise and play equipment, as well as open areas.