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Cebu Landmasters Inc. breaks ground for latest project

July 12, 2013

CEBU Landmasters, Inc. (CLI), a Cebu-based real estate developer, recently held the groundbreaking rites for its fourth vertical project Park Centrale.

Investing some P800 million to this project, president and chief executive officer Jose Soberano III is optimistic on its first office building.

Cebu has been very successful in hosting establishments like business process outsourcing companies (BPO), said Soberano. “In fact, it is the 8th biggest destination for BPOs in the world.

He adds that Cebu’s advantage over others as a location for office buildings is its strong manpower and human resource.

Located in Cebu IT Park, Park Centrale is strategically placed at the heart of rising BPOs in the city.

Park Centrale is a 19-storey building, 12 of which are intended for office floors and others for parking and retail. It has 58 saleable units located from 11th floor all the way to the 19th. The units from 5th to the 10th floor are for lease.

CLI also boasts of its amenities that buyers can enjoy such as wide area for parking and merchandising.

The first floor is exclusively allocated for retail establishments. The 2nd up to the 4th floor are intended for parking.

In its third partnership with leading construction firm in Cebu, Dakay Construction, ideal leasers and buyers such as BPO companies, business and law offices are guaranteed of a worthwhile investment from an excellent homegrown property developer.

As construction has officially started, Soberano promises a speedy delivery. The company aims to finish the project within 20 months. (Casey Moncal, UP Cebu Mass Comm intern)