Array
Real Estate

18 Billion-Peso Development Slated To Rise In Cebu

The proposed 80,000-sqm development in the south will have a mall, parks, hotels, theater, and a casino

Shares
Photography: Tommy Osmena on Facebook

Cebu has always been considered a progressive city to live in, combining the convenience of multiple CBDs with the laidback provincial charm of heritage sites and nearby beach resorts.

Now the Queen City of the South is up for more expansion, and the most recent of which is the impending P18-billion proposed development that is slated to rise in Kawit Island, which is within South Road Properties (SRP) in of Cebu City. The SRP is a 300-hectare reclamation area in the southern, seaside part of Cebu City connected to mainland Cebu by the South Coastal and Mambaling Access Roads. This area’s most popular development is the two-year-old SM Seaside City Cebu.


According to this article by Sunstar.com.ph, Cebu mayor Tommy Osmeña approved a proposal in early March by the Gokongwei affiliate Universal Hotels and Resorts Inc. (UHRI) to develop the property. It was submitted to the Cebu City Council last Tuesday for approval. The article also reports that this development may raise the land prices at the SRP and its surrounding areas.


Osmeña—a social media-savvy mayor—is known for calling out misbehaving government employees and personally answering his constituents’ questions on his official Facebook page. He recently posted the SRP project’s site plans and perspectives (above and below) and wrote in its caption: “This development will be called Isla dela Victoria, named after Jojo dela Victoria, a Cebuano who died protecting our waters from dynamite fishermen…it will be accessible by sea taxi directly from Mactan Airport. It will be the hub for the ferries and cruise ships that will come, and for the seaplane airline that is already there. It will be the shining beacon of the Visayas.”


ADVERTISEMENT - CONTINUE READING BELOW

The 80,000-sqm proposed integrated development would include a mall, hotels, a park, theater, convention center, and casino.

More on Realliving.com.ph

Shares

Latest Stories

8 Design Hacks To Make Your Small Bathroom Look Bigger

Because your tiny loo can be big in style

LOOK: The Kamuning Footbridge Gets a Makeover

See how architect Paulo Alcazaren reimagines the problematic footbridge as an urban oasis

5 Items in Your Home That May Harm Your Pets

Ensure a safe home for your beloved furry friends

6 Details That Are Probably Making Your Home Look Ugly

Because the devil really is in the details

What to Give Your Friends This Christmas, According to Their Zodiac Sign

Turn to the stars for stellar gift advice and give your friends something they'd really like

These Modern-Pinoy Throw Pillows Are Made By a Babaylan

A shaman from the Manobo tribe hand-embroiders symbols and prayers into these pillows

Cooking For The Holidays Just Got Easier With These Kitchen Tools

Make holiday cooking even more exciting with these handy tools and gadgets

7 Steps to Prevent Mice in Your Home

Solve your rodent infestation issue at home once and for all

Find The Perfect Scent For You and Your Home at This IG-Worthy Store

Relish the sweet notes in the air and marvel at the bottles lining up the shelves at Scentsmith Perfumery

7 Cleaning Solutions You Can Make Yourself

No need to spend thousands on expensive cleaners

Industrial and Tropical Elements Complete This Airy, Three-Storey Home

Vintage furniture, art, and a unique mix of tropical and industrial styles merge together in this naturally ventilated house

10 Refrigerators You Can Buy for P20,000 Or Less

These budget-friendly picks do more than just keep your food fresh for longer
Load More Stories

Get inspiring design ideas and handy hints.
Subscribe to our newsletter now!