Real estate developer Priland Development Corporation will build a P2-billion office and commercial project in Mandaue City following the signing of a joint venture agreement with the local government led by Mayor Jonas Cortes.
Harbor Centre, the two-tower development will rise on a 7800 sqm lot along Mantawi Avenue with its construction slated to begin in 2024.
The PEZA-registered Grade A Green Building will have leasable office and commercial spaces as a response to the foreseen demand as businesses gear up for post-pandemic recovery.
“As the economy slowly gets back on its feet, we join the momentum as we see the potential of Mandaue as a highly urbanized city. Many businesses are now shifting back to normal operations, thus, the need to provide space where big companies and startups alike can grow and flourish. We are grateful that the city government has chose us as their partner for this venture.” Said Priland President Ramon Carlo Yap.
“Priland envisions Harbor Centre to be an economic and commercial hub that will help in the growth and progress of Mandaue City in the coming years” he added.
The joint venture is an an addition to Priland’s real estate footprint particularly in commercial and office spaces. In 2021, Priland started construction of their vertical projects Paseo Grove and Vertex Central, both having a mix of commercial and residential spaces.
Sections
Recent Articles
vBulletin Message