Progressive Development Corp.
Progressive Development Corporation manages investments and property assets of the Araneta Group outside the three other strategic business units: Araneta Center, Philippines Pizza Inc., and Uniprom. PDC is also the incubator and nurturing entity for new business.
The group's major properties within the urban metro are in San Mateo and Rodriguez.
The San Mateo property is 510 hectares; it is a 45-minute drive east from the Araneta Center accessible via the Batasan Road or Marcos Highway. The property has undulating terrain with mildly rolling hills and is ideal for mixed-use community development.
The Rodriquez property is 1,640 hectares; an hour's drive northeast from the Araneta Center with the Wawa Dam at its southern tip. Its topography is a mixture of stiff to moderate undulating terrain. While ideal for housing and light industrial use, the property is also rich in natural resources such as aggregates, marble and limestone.
Major properties in Negros are within urban Bacolod and less than an hours drive from the new International Airport in Silay City.
The former Talisay Silay Millsite property is 24 hectares, a 15-minute drive north from the Bacolod Airport. It is adjacent to large high-end subdivision developments: Ayala Northpoint, and Town and Country.
The Magsungay property is 35 hectares situated between the Bacolod Airport and the newly built SM Mall. The property opens out to the sea on its southwest side.
Other assets under PDC include holdings in Atok Big-Wedge, a listed holding company; investments in Wenphil and Philippine Seven, local franchisees of world-renowned brands Wendy's and 7-Eleven respectively; Manila Peninsula, a luxury hotel in Makati City; and tertiary hospital Makati Medical Center.