Primavera Residences, the first eco-friendly mixed-use condominium in Cagayan de Oro, has garnered several recognitions from international award-giving bodies for its commitment to green architecture and design. Recently it was named among the winners in the prestigious International Property Awards in the 2014 Asia Pacific regional competition. It was recognized in the Mixed-Use Development for the Philippines.
The official announcement will be made at a high-profile gala and presentation dinner at the Shangri-La Hotel in Kuala Lumpur on May 9.
Prior to this achievement, Primavera Residences was also highly commended by the Southeast Asia Property Awards (SEAPA) for Best Condo Development in the Philippines in 2011. SEAPA is an award governing body that highlights the best real estate projects in the region. Winners are judged based on several criteria including design, innovation, and value for money.
In 2010, the green property development was also recognized as a finalist in the Most Promising Clean Energy Investment Opportunity of the Year category by the CTI PFAN Philippines Clean Energy Investor Forum. The Climate Technology Initiative Private Financing Advisory Network (CTI PFAN) is a global program supported by the US Agency for International Development (USAID) that helps development projects create strategic measures and business plans.
Primavera Residences is a ten-storey, two-tower green building comprising residential, commercial and office units. Its eco-friendly features include cantilevers that protect the units from direct sunlight and an indoor courtyard that maximizes the natural ventilation in the area. These unique features enable the building to minimize power usage and unit owners to save more on energy. The building is also designed to withstand earthquakes and extreme weather.
“What makes Primavera Residences unique is its green features that add value to the property,” shares Arch. Romolo V. Nati, CEO and executive chairman of ItalPinas Euroasian Design and Eco-Development Corp. (ITPI Corp.), the developer of Primavera Residences. “We want to build sustainable but affordable projects in Cagayan de Oro that also help the community not just individuals and businesses, and we are humbled that we are being recognized for our efforts,” he added.
Situated in a flood-free zone in Uptown Cagayan de Oro, Primavera Residences is a prime spot for business and leisure activities. Several commercial establishments including SM City CdO as well as schools and churches are accessible from the property. Its top quality studio, one-bedroom and two-bedroom units come at affordable prices and are ready for occupancy.