EUROTOWERS, a premier real estate developer in the country, is indeed changing the landscape of Davao as the highest structure, 37-storey Vivaldi Residences, is set for completion In April 2018.
Although the construction has encountered a delay, the company director for Construction and Development Group, Engr. Roy Estanislao said that they are only making the building stand on a durable and stronger foundation.
"There was a delay but engineering is not an exact science. Plans are made to guide us but actual situations warrants adjustments on the design to guarantee the safety, quality and functionality of the building," he said.
The building will have a total height of about 118 meters that will enable the buyers to rest and enjoy the whole of Davao's cityscape. Not to mention that it is located at the heart of the city where universities and supermarkets are.
Jesse Clamor, director for Finance and Sales, explained that the owners can actually renew their business with another company with regards to the 50-year Condominium Act in the Philippines.
"The owners could actually reaffirm their business to another 50 years and make it 100. After VDR is finished, our job as a real estate developer is finished with this project. There is another corporation that is related to take over the management of the project -- the Condominium Corporation," said Clamor.
Chief Operating Officer Maricar Encarnacion also announced another notable change that EuroTowers is bound to accomplish.
Apo View Hotel, the first hotel to rise in the city will be transformed into a residential prime address in a matter of three to five years.