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Freeman Cebu Business

Developer capitalizes on Cebu’s rapid growth

Noreen M. Tormis - The Freeman

CEBU, Philippines - Cebu has the best of everything. It has modern infrastructures, world-class tourist attractions, jobs, schools, state-of-the-art hospitals, big malls, the nightlife, and the beautiful white sand beaches  – just few of the reasons Cebu is voted as one of the most livable cities in Asia; the perfect place to invest, settle down and enjoy the good life.

Homegrown real estate developer Grand Land, Inc. is capitalizing in this rapid growth of Cebu. The company has been developing properties since 2012 to keep up with the steadily increasing demand for new homes, condominiums, apartments and even hotel rooms. Eight projects that are not only aesthetically pleasing but will also provide comfort and function are simultaneously being built to accommodate newcomers, tourists and the growing population of Metro Cebu.

Grand Land’s flagship project Grand Residences, is a 3.2 hectare urban-resort community in Banilad, Cebu City. The construction started in 2012 and has already completed the 15-storey East Tower A and East Tower B while the 35-storey North Tower A is under construction. It will have 65 percent open space and 35 percent of the land area will house the 5 towers, making residents live in perfect harmony with the environment. Amenities for this community are four types of swimming pools, a jogging trail, amphitheater, a flood control system and more. It will also have a 5-star serviced apartment to be managed by Dusit International’s D2 Brand on the 4th tower.

Another grand project is the Grand Tower Cebu at the North Reclamation Area. It is strategically located across SM City Cebu and only a drive away from the airport, the port area, malls and hotels. This 30-storey corporate landmark’s construction is in full swing, on a 3,540 square meter property and projected to be completed by 2019. It will have 295 condo-hotel, 204 condo-office units and leasable retail spaces will also be available. The Grand Tower condo-hotel will be managed by Dusit International and will carry the 4-star brand Dusit Princess.

Middle-income, horizontal housing projects all over Metro Cebu are also part of Grand Land’s portfolio – City Homes Mandaue, City Homes Mactan, City Homes Minglanilla and City Homes Premiere Mandaue.  It has also an economic and socialized housing, the 4-storey Anaha walk-up condominium in Mactan. This project is less than a kilometer away from Mactan’s most popular resorts.

Grand Land has reached as far as Mindanao and is now part of the real estate landscape of Davao City. Amani Davao, a live and play community located in Buhangin District is nestled on a 7 hectare area property. It will have residential buildings with estimated 1,400 units, a mixed-used building and a mall.

As part of efforts to create a world-class brand,  Grand Land is building two value hotels in Cebu that will be launched in 2017. It will be managed by an international brand and will be committed to providing a refreshingly, straightforward experience giving guests value-for-money stay.

Grand Land,  the property arm of the Gaisano Grand Group,  attributes its aggressive expansion to the ever-expanding business process outsourcing (BPO) industry, and the many investment opportunities in Cebu. (FREEMAN)

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