Ateneo de Manila, GT Capital team up for new campus in Cavite

Ty-led GT Capital Holdings Inc. on Monday said it has inked a memorandum of agreement (MOA) with the Ateneo de Manila University (ADMU) for the development of a new Ateneo campus in the Riverpark township in General Trias, Cavite.

The Ateneo campus, which is targeted to open by 2030, will be established in a 15-hectare land at Riverpark — the largest township development of GT Capital’s wholly-owned subsidiary Federal Land Inc., and joint venture Federal land NRE Global Inc.

“The new Ateneo campus in Riverpark allows us to extend our mission and provide more families in Cavite and nearby provinces with access to quality education rooted in our Jesuit tradition,” ADMU president Fr. Roberto Yap S.J. was quoted as saying in a regulatory filing.

This comes as the first tranche of commercial lots in Riverpark, set to be developed into office, retail, and other mixed-use facilities, were reported to have been sold out in May.

“Ateneo’s presence in Riverpark not only strengthens the educational landscape of Cavite but also uplifts the lives of the communities we serve,” GT Capital vice chairman Alfred Ty said.

“Our investment in this campus reflects our long-term commitment to creating sustainable value for generations of Filipinos, anchored on the values of excellence and service,” he added.

In the same filing, GT Capital said Riverpark residents are set to gain direct access to the Open Canal interchange of the Cavite-Laguna Expressway by 2026.
—AOL, GMA Integrated News