Leading developer Cebu Landmasters Inc (CLI) and homegrown Mindanao developer Johndorf Ventures Corporation (JVC) will be teaming up for an upcoming real estate project in Cagayan de Oro City. There is no offiical anouncement yet but based on photos posted by Filipino Homes Founder and President Anthony Orais Leuterio, the development is located uptown.
It can be recalled that JVC launched a 43-hectare masterplanned township project Orchard District which straddles Upper Balulang and Lumbia located right across Montierra Subdivision. The property is right between an orchard and the ridge overlooking the river. Read our post below.
The said development will be composed of commercial blocks and residential subdivisions and has two main entrances – one along Masterson Avenue and another along South Diversion Road. The first residential development of the project is Videre, a 12-hectare planned subdivision with a choice of single attached or duplex homes.
Photos below show top executives of CLI and JVC inspecting the site during their visit to the city. A sketch plan shown in some of the photos confirms it will be Orchard District.
photos courtesy of Anthony Orais Leuterio