CLARK FREEPORT— A P1.2-billion retirement resort project is expected to drive new investment activity in Clark following a lease agreement between the Clark Development Corp. and Donggwang Clark Corp. (DCC) for a wellness-focused community.
The supplemental lease agreement signed on March 30 at the Clark Visitors Center covers the development of a 4.9-hectare property for the Legacy Heights Community, a retirement and wellness-oriented project targeting both local and foreign retirees.
CDC president and CEO Atty. Agnes VST Devanadera said the project supports the agency’s direction to strengthen Clark’s positioning as a destination for wellness and retirement investments while generating long-term economic opportunities.
“This is a good project for senior citizens. You must always make the business relevant to your clientele,” Devanadera said.
The agreement was signed by the CDC chief and DCC president Ernesto Gorospe, witnessed by other key officials from both organizations.
The development forms part of CDC’s efforts to diversify its investment portfolio by attracting long-stay and lifestyle-oriented projects, in line with Clark’s positioning as a hub for tourism, healthcare, and wellness-related industries.
The project will feature senior-friendly residential units integrated with healthcare and support services, combining independent living spaces with assisted-care options. Planned amenities include rehabilitation and wellness facilities, along with hospitality-driven services designed for long-term stays.
Once operational, the retirement resort is expected to generate employment opportunities and contribute to the continued expansion of Clark’s tourism and services sector, particularly in the growing retirement and wellness market. CDC-PR
