A LOCAL developer promises to expose Cebuano talent to the world by continually hiring locals to undertake the work in the upscale subdivision Monterrazas de Cebu.
Genvi Development Corp. president Augusto Villalon said: “We have Cebuano geodetic engineers, civil engineers, architects and other Cebuanos to do this project. We want to bring Cebuanos into the global (arena).”
The project will bring back the old lifestyle of a community, where neighbors know each other, which is part of the typical Cebuano culture, Villalon said in a meeting with brokers last Wednesday at Laguna Garden Cafe.
Monterrazas de Cebu, which sits on a 210-hectare property that covers portions of land in Barangays Guadalupe, Labangon, Tisa, Sapangdaku and Buhisan, is a billion-peso urban residential resort community development.
Phase 3
Aside from its existing phases—Peaks and Northridge—North Vale, the third phase of Monterrazas will be launched by the end of the year.
Sheila Sarmiento, Genvi vice president for marketing, said some 80 percent of the 171 lots in North Ridge and half of the 70 lots at the Peaks have been sold.
North Vale, a seven-hectare property, will accommodate 120 lots with an average of 300 square meters per lot, said Sarmiento.
North Vale will cost P3 million to P3.5 million per lot, said Lormilo Galo, vice president for business development of Genvi.
Progress
Genvi also informed its brokers about the concreting of the right lane access road leading to the main spine of the development.
Ting Agbisit, vice president for technical affairs, said, “We will receive our utility equipment in the next quarter, and we have already constructed 35 percent of the development for drainage and roads.”
Mixed use
The sole project of Genvi Development Corp. is headed by siblings Augusto and Margarita Villalon.
The mixed-use enclave will feature a line of upscale real estate products—such as houses and lots, townhouses, condominiums, health institutions and a village
commercial center—to complete the lifestyle needs of its residents.