Today was a major milestone for Cebu Landmasters Inc. (CLI) as the Cebu-based developer broke ground its 3-tower condominium complex – MesaVerte Residences, its first venture in Cagayan de Oro City and outside of Cebu.
Executives of CLI led by Chairman & CEO Jose R. Soberano III, Executive Vice-President Ma. Rosario B. Soberano, Senior Vice-President & Chief Operating Officer Jose Franco B. Soberano and Cagayan de Oro City Mayor Oscar Moreno were in attendance for the ceremony.
Below is the lowering of the time capsule.
… and putting on the cement cover…
The principals delivering their messages during the event.
Chairman & CEO Jose R. Soberano III
Senior Vice-President & Chief Operating Officer Jose Franco B. Soberano
Cagayan de Oro City Mayor Oscar Moreno
MesaVerte Residences is a master-planned blooming green sanctuary at the heart of the city with entrances along Osmena Extension and Corrales Extension. It is composed of 3 towers that will be built in 2 phases. Each building has 15 floors adjacent to each other creating a tranquil hideaway after a long busy day. The generous 8,740 sqm prime residential area is beautifully landscaped with 60% dedicated to open space for a calm relaxing environment.
The building features are as follows:
- 18 units per floor (15 Studio and 3 One bedroom units) – studio unit starts at 20 sqm, 25 sqm with balcony and 39 sqm for one bedroom unit with balcony
- Balcony on corner units
- All units are combinable
- 1.5-meter wide corridors
- 2 passenger elevators per building
- Garbage room per floor
- 100% back-up power
- Property management services
Phase 1 which includes Towers 1 & 2 with a total of 504 units is already 60% sold. Studio prices range from P1.5M – 2M. Parking slots are worth P775,000 (semi-basement & upper-ground). Below are the current inventory summary of the units for Towers 1 and 2, which are either reserved or sold.
Photo below shows CLI Chairman & CEO Jose R. Soberano III, Executive Vice-President Ma. Rosario B. Soberano and City Mayor Oscar Moreno cutting the ribbon of the showroom.
Here are some photos of the showroom, exact replica of the condo units.
The showrooms will be converted into commercial strips upon completion of the towers.
One thing common between City Mayor Moreno and the Soberanos of CLI is that they love basketball.
Expect construction to start soon as pile driving works were already completed. See the expanse of the site below with Limketkai Center and SM CDO2 Premier in the background.