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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.

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Below is the lowering of the time capsule.

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… and putting on the cement cover…

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The principals delivering their messages during the event.

Chairman & CEO Jose R. Soberano III

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Senior Vice-President & Chief Operating Officer Jose Franco B. Soberano

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Cagayan de Oro City Mayor Oscar Moreno

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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.

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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.

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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.

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Here are some photos of the showroom, exact replica of the condo units.

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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.

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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.

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