Cebu: Your Ultimate Design Hub
More than being a land of great food, places and company, Cebu is a hub of sharp, creative and hardworking designers ranging from structural engineers, safety engineers, landscape architects, civil engineers, interior designers and more. Aside from its plethora of like-minded talents, there’s been a series of booming design projects that’s similar to some of the world’s fascinating landmarks.
The good part? Not even the pandemic can stop these developments going.
So let’s go ahead and explore the beauty and potential behind these works-of-art shall we?
Metro Cebu Express Highway
Did you ever drive smoothly on a highway that’s approximately 75 kilometers long? Residents in Cebu get that privilege with the Metro Cebu Express Highway project that costs $20-$30 billion pesos and links Danao and Naga cities to cut travel time. It will also traverse from the cities of Mandaue, Cebu and Talisay and the municipalities of Compostela, Liloan and Minglanilla. This huge project is set to be completed in the 4th quarter of 2022.
Isla Dela Victoria
When it comes to a beachside lifestyle, the Isla Dela Victoria project is one to look out for with 350,000 sq. m. integrated development which includes a casino, bars, theater, convention center, park and 3 hotels in South Road Properties. The multi-million dollar project is led by the Universal Hotels and Resorts, Inc. (UHRI) who have invested $25 billion for the project. Isla Dela Victoria will be a hub for cruise ships, ferries and seaplanes. It is expected to be finished in the 4th quarter of 2021.
For sports fans and concert-loving folks, the Seaside Arena is definitely something to look forward too. This is a $300 billion-peso project by Ayala and SM on a 26-hectare land. The project features the arena which has a seating capacity of 16,000 and convention towers, offices and residential condos. The project is owned by mall tycoon SM and will be located across the SM Seaside mall. The target date for completion is on 2025.
Cebu-Cordova Link Expressway (CCLEX)
Another most awaited project in SRP, the 8.5 km CCLEX is already halfway to completion. This project aims to provide safe and smooth travel and boost investments in Cordova and Metro Cebu as well as the entire province. The iconic bridge features a lighted cross above 145 meters tall main pylons. This will be completed by the end of 2021.
Emerald Bay Mactan Resort and Casino
Seaside lifestyle has no limit with Emerald Bay Mactan which will be known as the Las Vegas of Cebu. The 13.5 hectare site is situated in Punta Engano, Mactan and will feature the first gaming-centered tourism development outside Metro Manila. The grandiose project includes 830 suites, 5 luxurious villas, 1 royal suite, 1 penthouse, 122 gaming tables and 600 electronic gaming machines plus resort-style food and beverage and retail outlets. The project is owned by PH Resorts Group Holdings and is fast-tracked to be completed in 2021.
Sentosa Cebu In Cordova
Cordova is positioned to be a crown jewel when it comes to investments in Cebu. One of the most remarkable projects in this municipality is the Sentosa Cebu, a similar version of Singapore’s Sentosa island known to be a state of fun. The 1,500-hectare site will include eco-parks, golf courses, churches, cultural and civic centers, promenades, commercial centers and inland transportation. It is set to be finished by 2028.
Known as the ultimate lifestyle destination, Mandani Bay is a waterfront expansion from Mandaue to Mactan, Mandani Bay already did a head start of their 20-hectare project composed of 8 phases and 21 towers consisting of residential units, retail outlets, hotel and other lifestyle spaces. Phase 1 is already completed while Phase 2 is set to be completed in 2022, Phase 3 in 2023 and the final phases in 2026.
Ming-Mori Business Park Minglanilla
Created to be a world-class theme park in Cebu, Ming-Mori is a $6 billion-peso first-rate theme park in Cebu nestled in Minglanilla. The project is owned by Ming-Mori Development Corp. (MMDC), an affiliate of Cebu Landmasters Inc. The business park is scheduled to be completed in 2021.
As a potential investor, you probably already know that investing in these developing projects gives you an advantage since prices are still low and there is still more space to build and grow your business.
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