Cebu developer expands to Davao with 3 new projects

ALL ROADS lead to Davao for Cebu-based real estate developer Cebu Landmasters Inc. (CLI), which will start working on its very first venture in Davao with three real estate projects starting next year in partnership with the Davao-based Yuson Comm Investments Inc.

Cebu Landmasters said it would sign on Sept. 1 a Memorandum of Agreement (MOA) with Yuson Comm of the Villa-Abrille clan in Davao City.

The three projects will include a mid-market condo on E. Jacinto that will be preselling by January 2017, as well as the Riverside mixed-use project along the McArthur Highway and the Times Beach Lifestyle mixed-use project in Matina, both of which are in the pipeline.

The E. Jacinto condo will be a 15-storey structure with 2 buildings and will be offered at an affordable pricing scheme for the mid-market, with a premium condominium concept similar to Cebu Landmasters’ Mesaverte Residences in Cagayan De Oro and Midori Residences and Mivesa Garden Residences in Cebu.

The 1.9-hectare Riverside project in McArthur Highway will feature BPO offices, a residential condo, serviced residences (condotel) and retail commercial areas. The four-hectare Times Beach project in Matina will be a lifestyle mixed-use destination.

The master plan of the Times Beach and Riverside properties will be designed by globally renowned consultancy firm CallisonRTKL, which have produced some of the world’s most memorable and thriving living and commercial spaces in the past five decades.