D.M. Wenceslao Breaks Ground on the First Phase of its Largest Commercial Project in Aseana City

D.M. Wenceslao and Associates, Inc. (DMW) broke ground on the first phase of Aseana Plaza, a landmark office development in Aseana City that will be the company’s largest commercial project to date.

​As the latest addition to Aseana City, Aseana Plaza Phase 1 will offer roughly 70,000sqms of gross leasable area (GLA), out of approximately 130,000sqms GLA for the entire project. Upon completion of Aseana Plaza Phase 1, DMW’s commercial portfolio will rise to over 300,000sqms GLA. Aseana Plaza is designed to cater to diverse tenants, offering state-of-the-art office space for global logistics and shipping firms, business process outsourcing (BPO) companies, and traditional corporate headquarters. DMW aims to capitalize on demand from companies seeking modern work environments within an integrated urban community.

Aligned with Aseana City’s people-centric master plan, the complex will feature a central al fresco plaza connecting to the adjacent Parqal greenway. Aseana Plaza will also connect to the estate’s upcoming skywalk system, enhancing walkability and connectivity throughout Aseana City.

“We have always envisioned Aseana City as more than just a business district – it’s a community where work, leisure, and daily life intersect,” said Delfin Angelo “Buds” Wenceslao, Chief Executive Officer. “Breaking ground on Aseana Plaza is a major step toward realizing that vision, creating a destination where global industry players and local communities converge,” Mr. Wenceslao added.

D.M. Wenceslao and Associates, Inc. (DMW) is an integrated property developer with expertise in land reclamation, construction, and real estate development. It is the master developer and primary owner of Aseana City, a development project with a total land area of 107.5 hectares located along the coastal waters of Manila Bay. Since 1965, DMW has reclaimed more than 2.4 million square meters of land leased or developed over 400,000 square meters of land and buildings and completed over 140 construction and infrastructure projects including large, complex government developments throughout the Philippines.