Skip to main content

Cebu Landmasters to begin development of 20-hectare Davao Matina Business Park (CBD) in 2018, inks joint agreement today

Cebu Landmasters Inc. (CLI) expands footprint in Mindanao by signing a joint venture agreement with four Davao-based companies to develop Davao Matina Business Park in a 17.1-hectare lot in Matina, Davao City.

CLI chairman and chief executive officer Jose Soberano III led the signing of the agreement on December 11 in Davao City with Plaza De Luisa Development represented by Jason P. Huang, Yuson Newtown Corporation and Yuson Strategic Holdings Inc. represented by Frederick H. Yuson, and Davao Primeland Properties Corporation represented by Frederick H. Yuson.

“The property has been utilized as a golf course since 1960s and this is the best time to transform it into a business park to be able to contribute to the economic and social development of the city,” Fred Yuson highlighted.


CLI is also acquiring a 2.2-hectare lot adjacent to the property, bringing the total project area to almost 20 hectares. The Cebu-based developer is likewise in the process of negotiating acquisition of more adjacent lots to further increase the park’s footprint.

“Cebu Landmasters is bullish to invest in the Davao market and we are happy to serve the growing property requirements of the Davaoenos and of those coming from neighboring provinces,” Soberano explained.

Concept studies for the Davao Matina Business Park show a development of 7 office buildings, 4 retail buildings (indoor mall, cineplex mall, standalone, retain podium, 29 residential condominium buildings, 6 townhome-style building, 1 hotel, 1 convention center, 1 medical building and a civic/community center.

“We pay close attention to the needs of the market and we design and build our developments with the market in mind,” Soberano added.

Phase 1 and site development of the 20-hectare project is expected to start in 2018 and finish by 2021. This includes construction of an office building, a retail building (indoor mall, cineplex mall, standalone, retail podium), a residential condominium and a civic/community center.

Davao Matina Business Park is CLI’s third development in Davao City. The first is MesaTierra Garden Residences, a residential condominium in Emilio Jacinto Extension whose construction is ongoing and expected to be completed in 2020. The second is Project Riverside, a mixed-use development in a 1.9-hectare land along McArthur Highway in Matina and expected to be completed in 2021.

Davao Matina Business Park is 30 minutes’ drive from the Davao International Airport and 2 kilometers away from Project Riverside. 

Comments

Post a Comment

Check out more...

Enjoy an all-in-one Unli Internet plan at home with PLDT Home

What  better way to  enjoy everything at home  with a broadband plan that  gives   you an  all-in-one unlimited  access to  the  internet,  Pay  TV, and  mobile services .    The new  PLDT Home  Fiber  Unli  All plan  offer s  the best value for money  with a bundled package that comes with unlimited fiber internet,  unlimited entertainment content from Cignal TV, and unlimited calls to PLDT, Smar t a nd TNT.    Here’s a quick breakdown of the new Fiber  Unli  All plans available and their internet speeds: Whether you   want to stream your favorite videos, TV series, and movies ,  the  new Fiber  Unli  All plans deliver what  the whole family wants  with the fast broadband internet and a wide range of  entertainment  options on premium  Pay  TV.  With the Philippines’ largest  Pay  TV provi...
Post a Comment
Read more

5 Awesome Things You Could Enjoy If You Had One Less Bill to Pay

Imagine getting your monthly internet bill ( typically costing around P1,000 or more )  completely covered. That’s right:  free internet , and with it, a whole new world of possibilities.   Just think—if you had an extra ₱1,000+ in your monthly budget, what would you do? Here are five awesome ways to enjoy that extra cash:   1. Upgrade Your On-the-Go Gadget Essentials Always on the move, but your phone’s battery can’t keep up? That extra budget could go towards a high-capacity power bank, wireless charger, or travel-friendly charging hub. Whether you’re saving up or finally buying that must-have gadget, that extra P1,000 can go a long way  for your next gadget upgrade .   2.  Level Up Your Entertainment Experience Free  internet means unlimited streaming ,  but  how  about upgrading your setup? Use the extra cash for smart speakers to boost your  audio or  invest in accessories to enhance your smart TV. Into gaming? Spend ...
Post a Comment
Read more

Book Your Flights with Cebu Pacific and Seize Sulit Hotel Deals

Cebu Pacific (PSE: CEB), the Philippines’ leading airline,  is giving  every Juan  more reasons to seize the moment and  book their flights now  as it partners with  several hotels   offering   sulit   and   exclusive discounts  for that one unforgettable vacation. Book your flights across Cebu Pacific’s widest domestic network  and get  these  exciting deals  from the following hotel partners * : Club Paradise Palawan •  10% off on seafood bucket •  30% off on couple’s massage at Glow Spa •  10% savings on other treatment and services Discovery Shores Boracay •  16% off on dining offers;  Tomohawk  Steak at Forno Osteria Modern Filipino Boodle Fight  •  16% off on spa treatments: Terra for Two (180 mins); Terra’s Journey (180 mins) Discovery Samal •  Up to 40% off in The Bar - Junior Suite, Executive  Villa  and Villa  rooms o  Includes breakfast f...
Post a Comment
Read more

GCash cautions against gambling apps used for phishing

A recent investigation by the National Privacy Commission (NPC) and the leading mobile wallet GCash, has led to the discovery of certain gambling sites and apps which were used for account takeovers in the recent surge of phishing scams. Additionally, some influencers may have unknowingly promoted these gaming apps without being aware of their fraudulent nature. GCash is now cautioning its users to be extremely careful when accessing online gambling sites and apps, and to avoid them altogether if possible. In this latest scheme, perpetrators created gambling apps while falsely claiming to be accredited by the Philippine Amusement and Gaming Corporation (PAGCOR). These apps deceive users with a verification process, redirecting them to a fake GCash website or payment page to top up betting credits. From there, fraudsters were able to access sensitive information such as credit card details, passwords, GCash numbers, MPINs, OTPs, and other personal data that can be exploited to gain unau...
Post a Comment
Read more

#Gcash users can now go cashless on their next Euro trip thanks to Alipay+ partnership

GCash users can now opt for a hassle-free, cashless payment method on their next Euro trip as the Philippines’ leading mobile wallet is now accepted in Europe’s top travel destinations, including the United Kingdom, France, Germany, and Italy. This cross-border payment service is part of the e-wallet’s strengthened collaboration and partnership with Alipay+ to offer a seamless and secure payment experience, as well as real-time foreign exchange (forex) with no service fee, allowing customers to a hassle-free and rewarding travel experience abroad. Among the key merchants and stores that can accept GCash via Alipay+ are Harrods, Liberty London, and Harvey Nichols in the UK; Printemps in France; Müller and dm-drogerie markt in Germany; as well as itTaxi, and IVS Group, the leader in the vending machines market, in Italy. “In line with our fervent commitment to make our customers’ everyday lives better and more convenient, we want to make sure that they can maximize their GCash account no...
Post a Comment
Read more