Developer adds new project inside Townscapes Mactan

·2 min read

THE real estate arm of the ICCP Group, Pueblo de Oro Development Corp. (PDO), is on track to complete its 27.4-hectare township in Lapu-Lapu City as it launched another residential project in the area.

PDO recently inaugurated the 3.7-hectare Park Place II in Barangay Babag, Lapu-Lapu City, the third exclusive subdivision in the Cebu township now dubbed as “Pueblo de Oro Townscapes Mactan.”

Park Place II is the new addition after the 13.5-hectare La Aldea Del Mar and eight-hectare Park Place residential developments. Park Place II offers 194 single-attached housing units, with three bedrooms. The regular lot size is 88 square meters with a total floor area of 106.5 square meters.

Prices are estimated to start at P5.5 million per unit.

Pueblo de Oro Townscapes Mactan is a P1.63 billion township venture. It expects completion of Pueblo de Oro Townsquare, a three-level commercial strip due to start operations by the fourth quarter of this year. The community mall will provide residents with the ease and convenience of shopping for their daily needs.

A second building is planned for 2023.

More developments

Future developments within Townscapes Mactan include the soon-to-rise Pueblo de Oro Storeys Lapu-Lapu Condominiums. The four-building, six-story project will house 450 modern Asian-inspired units. Its first building is projected to be completed by 2025.

“Cebu remains one of the most important provinces in the country in terms of progress and development,” said Pueblo de Oro vice president and general manager for the Visayas operations Ronald Allan Uy, in a statement.

He said the economy in Cebu is vibrant and is expected to grow further as the restrictions ease and as the province recovers from the effects of Typhoon Odette (Rai).

The Pueblo de Oro Township in Cebu is 700 meters from the Cebu-Cordova Link Expressway T-intersection and is an easy 15-minute drive to and from Cebu City.

In the last quarter of 2021, Pueblo de Oro launched Townscapes Malvar, a 42-hectare residential, institutional, and commercial project, which completes the ICCP Group’s 212-hectare “live-work” community development in Malvar, Batangas.

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