Tuesday 20 August
Jun 11, 2019 @ 9:27

Cebu Landmasters get NHCP nod to redevelop Patria de Cebu


Soberano-led Cebu Landmasters Inc. secured the approval of the National Historical Commission of the Philippines (NHCP) to redevelop the 6,670 square meter Patria de Cebu property into a P900 million mixed-use complex.

NHCP approved the project provided that CLI would retain the original structure of Patria de Cebu.

Cebu Landmasters to transform Patria de Cebu into P900M mixed-use complex

“The final design of Patria de Cebu is a collaboration between the Archdiocese of Cebu, CLI and key stakeholders. It was agreed that it is crucial in the redevelopment to keep the main Patria building while integrating it with a new practical structure to preserve the heritage of the Patria for the people of Cebu,” CLI president and CEO Jose Soberano III said.

CLI entered into a partnership with the Archdiocese of Cebu to develop the Patria de Cebu property for 40 years.

The project, which is expected to serve as a centerpiece of the 500th year celebration of Christianity in Cebu in 202, includes the construction of retail and office spaces with a gross floor area of 21,000 sqm. as well as a 167-room hotel.

Please follow and like us:

Tags: , , , , , , ,

Related Stories
DAVAO CITY -- Mayor Sara Z. Duterte led the groundbreaking of the P12.6 billion township
Apple confirmed on Friday that it will not deliver on its promise of helping usher
With an arts center, posh stores, uber expensive apartments and lots of controversy, the largest
Only one-third of the total project cost remains a problem.


Trending News

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.