ALSONS Development and Investment Corporation (Alsons Dev) has officially launched Mahogany South, its latest residential project. Held at Dusit Thani, Davao City, on March 18, the event marked a significant milestone in the company’s mission to develop high-quality, sustainable communities in Mindanao.
Located in Tugbok District, Davao City, Mahogany South is Alsons Dev’s first residential development in the southern part of the city and the third project under the Nurtura brand. As Alsons Dev’s dedicated mid-cost housing brand, Nurtura reflects the company’s commitment to building well-built communities in thoughtfully developed environments. This 13-hectare master-planned development continues that vision, offering well-designed homes within a nature-integrated setting.
“At Alsons Dev, our goal has always been to create communities that provide homeowners with the foundation to build their future, forge lasting memories, and truly thrive. With Mahogany South, we are expanding our reach to provide quality homes in a location that offers the best of both worlds—serenity and accessibility,” said Alsons Dev president and CEO Miguel Rene A. Dominguez, emphasizing their vision of creating spaces where families can take root and grow.
The event also paid tribute to the Alcantara Group’s 70-year legacy of leadership and excellence. Since its founding, the Alcantara Group has played a pivotal role in the growth of Mindanao’s industries. As the property development arm of the Alcantara Group, Alsons Dev continues to build on this legacy, delivering innovative residential developments that support the region’s progress.
“For over 70 years, the Alcantara Group has been dedicated to uplifting communities in Mindanao,” said Alsons Dev director Rosie A. Dominguez, underscoring the company’s dedication to excellence and innovation. “Mahogany South embodies this legacy—providing homes that meet today’s needs while providing lasting value for generations to come.”
Other key figures present at the launch were representatives from government offices, the business sector, financial institutions, partner organizations, media, and key leaders from the Alcantara Group and Alsons Dev.
The launch of Mahogany South underscores strong market confidence in Alsons Dev and strengthens its position as a trusted real estate developer in Davao. It also reaffirms the company’s commitment to creating thoughtfully designed, nature-integrated communities that offer lasting value for homeowners.