Antonio family-led Century Properties Group Inc. recently topped off the last two skyscrapers under the Acqua Private Residences master plan in Mandaluyong City: the 57-story residential tower Acqua Iguazu and the 41-story Novotel Suites Manila.
These buildings marked the fifth and sixth towers at this township development, CPG said in a recent press statement.
Topping off is a builders’ traditional rite when the last beam is placed on a building to mark the completion of the superstructure.
After such ceremony, the developer will still have to work on the interior finish as well as mechanical, electrical, and plumbing systems.
Acqua Iguazu, named after the famous waterfalls in Brazil, is set for completion in November 2018.
The tower will host around 480 residential units.
Iguazu’s common areas include a grand lobby, hallways, elevators and a rooftop amenity called the “Cielo”—all designed by yoo inspired by Starck, the design firm founded by John Hitchcox and world-renowned French designer Philippe Starck.
Cielo, a three-story
multifunctional sky deck, will house a number of amenities such as a pool with a gushing waterfall, sun beds that provide views of the Pasig River below and the Makati City skyline on the other side, a wet lounge and bar, a DJ booth and dance floor, a gym and wellness area, an indoor and outdoor library, function rooms for business meetings and other gatherings, a well-equipped cinema room, and a dining area.
Novotel Suites Manila, on the other hand, is the sixth and last tower to rise at Acqua Private Residences.
Targeted for completion in September 2019, it stands 41 stories and is a multiproduct property that introduces a hybrid of hotel suites, residential units for full ownership, and preferred shares as fractional ownership of hotel units.
The tower will be divided into two distinct areas.
There are around 149 units of residences and 310 Novotel Suites, 152 of which are owned and sold as preferred shares through the Century Fractional Ownership Program by Century Acqua Lifestyle Corp.(CALC), a subsidiary of Century Limitless Corp. (CLC), while 158 hotel units will be retained by CLC.
The first of its kind in the Philippines, the Century Fractional Ownership Program allows the purchase of preferred shares of CALC.
Preferred shareholders under the program are entitled to customized luxury vacation and business stays in 152 units owned by CALC in Novotel Suites Manila at Acqua, the option to enjoy multiple vacation destinations worldwide, hassle-free property management and annual rental income.
The first four Acqua towers —namely Niagara, Sutherland, Dettifoss and Livingstone (interior designed by MissoniHome—were completed earlier by CPG.