The development of Paseo del Rio, a mixed use development of the Pelaez Group officially began yesterday with the ceremonial capsule laying for the development of the Rodelsa Circle.
The 18-hectare project was designed by world-renowned architect Felino Palafox, Jr. Development was postponed due to the flood last year prompting the proponents to re-design the proposed development.
The development of the 1-hectare Rodelsa Circle signals the start of good things to come at the Pelaez property. According to my sources, the 2-lane circumference road around the Circle will be expanded to 3 lanes.
After the development of Rodelsa Circle, it would be logical that the proposed hi-rise business hotel will begin too. The river protection project by the DPWH in the area is now close to completion.
PHOTO: Dr. Rafaelita Pelaez, Mayor Constantino Jaraula and Misamis Oriental Governor Oscar Moreno lead the capsule-laying ceremony for the development of the one-hectare Rodelsa Circle.
Just a review, below is the official rendering of the proposed business hotel, unless further changes have been made.