Anchor Land Holdings, Inc. recently broke ground for its first residential condominium in Davao City, saying this will address the surge in demand for accommodations in the city. In a statement, Anchor Land said the two-tower 202 Peaklane will be located across Ateneo de Davao University. It will offer over a thousand units, ranging from studios to two-bedroom units. The company said it is targeting students, starting families, tourists, and entrepreneurs. “With its innovative building features and future-ready spaces, 202 Peaklane will be on top of providing topnotch quality of living in Davao. It will serve as the best alternative for hotel accommodation and the best option for vertical living in the city,” Elizabeth L. Ventura, president of Anchor Land, said in a statement.