CEBU's Modern Skyscrapers, new constructions, IT Parks, and UPDATES about CEBU

[ic3man25]

congrats ninyo bai arnold..

[ic3man25]

@mind

try to visit www.skyscrapercity.com

[arnoldsa]

hi all,

what does SSC means, do they have a web site.

-mindz-

It's actually another forum that has a "Cebu Thread" just like Istorya.net and pinoyexchange.. Kibaw naka, basta addict about sa developments sa Cebu bisag unsa nlang nga forums amo sudlan.. Hehhe

Good news diay! Tower Palace, a 19-storey condominium owned by a Korean Company will finally break ground early January of next year.

This was confirmed by somebody from Kaona Grill yesterday during our eyeball. They said that they will be closing down Kaona Grill on December 30 and transfer it somewhere near JunJun and Malou's in Mandaue.. Excavations have also partially began..

[arnoldsa]

From the news

STAR STUDIO FOR CEBU CITY
Mayor says Bigfoot may build
sound stage in idle Reclamation


by Kathy I. Navarro

Cebu City - a "film capital" in Asia?

That's one big dream of Mayor Tomas Osmeña, who said he is negotiating with Bigfoot Entertainment Inc. to locate its film studio in the idle South Road Properties (SRP).

Under pressure to make the sprawling reclaimed area financially viable, Osmeña earlier offered the site "for free" to the Provincial Government to build its P250-million Megadome in time for the ASEAN summit next year. The governor declined.

On Monday, Osmeña said the first tenant to build in the SRP (formerly South Reclamation Project) could be Bigfoot, an I.T. business solutions firm engaged in Web development.

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Osmeña said he has been talking with Mike Gleissner, chairman of the board of the Bigfoot Group of Companies, who has been residing in Cebu for several years now.

He said Bigfoot management is considering a lease, with an option to buy, two hectares of the SRP (formerly South Reclamation Project) with an initial payment of P250 million.

That will reportedly accommodate two major "sound stages" that are very large movie studios, with tentative plans to build more of them in 10 hectares.

Mayor Osmeña, however, did not say when Bigfoot would close the deal.

Bigfoot recently opened a school in Lapu-Lapu City, the International Academy of Film and Television, which advertises itself globally to aspiring film makers as having "state-of-the-art production facilities, an acclaimed Hollywood faculty and a breathtaking beachside campus."

Osmeña said he learned that its plan to expand in Mactan has shifted to consider Cebu City's SRP.

The city government has been trying for years to attract local and foreign investors to the SRP, which is envisioned as a special processing zone providing 30,000 jobs.

A land ownership dispute with Talisay City, and lack of water and electric power utilities on site have hampered the offering.

Osmeña earlier vowed that SRP would bear fruit in a few months, and projected P2.5-billion in revenues from the sale of 29 hectares.

He said the land would be bid out by February 2006 - the deadline for the first of two P305-million debt payments for the Japanese-funded reclamation project.

A hectare of SRP land costs about P100 million.

FILM CAPITAL
Osmeña said Bigfoot's plan, if it proceeds to build in the SRP, would put Cebu City in the map as a film capital in Asia.

He said development plans for the SRP include hotels and first-class accommodations in the event that international artists come to Cebu to shoot films using Bigfoot's facilities.

Osmeña mentioned other dreams of an international yacht club in Kawit Island.

Next year, the city government will pay its biggest amortization - P610 million - for the SRP's 12.3-billion yen loan.

February 2006 is the deadline for the first of two P305-million debt repayments. The second installment is slated for August 2006.

The city finally obtained the title of the seven parcels of land in the controversial reclamation project, but this is only 200 hectares out of the 295-hectare property.

The city government received the special patent covering seven parcels of land in the SRP from Environment Secretary Michael Defensor.

[martiano]

apil nya mo sa amo 2nd EB this coming jan 2.. oki ra maski wala mo apil sa SSC basta preho lng mo namo ug hilig.. :mrgreen:

[Tj-Mixxed]

yey!!!! i wish u guys can join us on our 2nd Meet this January 2 Tj_Brewed here from SSC!

[Khabz]

hi hello to evrbody,

kudos to the people who started the thread. when i got the chance to open this forum, i was so much thrilled since i have found the right group which shares the same interest and passion i have, which is the development of our beloved cebu, notably the high rise and skyline development. I have been abreast of the developments in metro cebu and in fact have a list of some edifices which had been under contruction or proposed to be constructed, too bad, only a few of these projects materializes due to the crisis in 1998.
However, its too good to know that we have a group, so we can share whatever knowledge we have, particularly with new developments in our city.
I hope you would welcome me guys!

thanks

[tolstoi]

^^you are very much welcome KHABZ :mrgreen:

[arnoldsa]

hi hello to evrbody,

kudos to the people who started the thread. when i got the chance to open this forum, i was so much thrilled since i have found the right group which shares the same interest and passion i have, which is the development of our beloved cebu, notably the high rise and skyline development. I have been abreast of the developments in metro cebu and in fact have a list of some edifices which had been under contruction or proposed to be constructed, too bad, only a few of these projects materializes due to the crisis in 1998.
However, its too good to know that we have a group, so we can share whatever knowledge we have, particularly with new developments in our city.
I hope you would welcome me guys!

thanks

Khabz welcome to the group bai... Yup that was my first impression too. In fact before, I thought that I was weird kay ingun ani akong hilig but after joining several forums that has a "Cebu Thread" diha ra ko nakabalo nga daghan diay parehas nato tanan. We are also members of other forums like Pinoy exchange and Skyscraper City. But mostly naa mi sa Skyscraper City kay daghan man kaayo ug threads didto about progress and developments (the said website is actually a forum dedicated to progress and developments in cities around the world, there's a thread there dedicated to Cebu. Others have also put up threads for Manila, Davao, etc. pero dili ni siya competition ha..)

Yup daghan jud wala natiwas due to the financial crisis, one of it was the One CKS Tower (37 storeys). That would have been the tallest outside Metro Manila.

But it's good to know that Cebu is back on its feet again. Here's a list of u/c in Cebu City now:

1.) 19-storey TOWER PALACE Condominium owned by a Korean (at the site of Kaona Grill. Kaona Grill will close on December 30 and transfer to Mandaue City)

2.) 15-storey office condo at the fenced lot across Pag-Ibig Workers Tower in CBP

3.) 23 (or 24) storey building in SRP. Construction will start next year

4.) Two highrise condos by J.King at the Fuente Towers Complex (site of Club Ultima and Crown Regency, I guess they would build this beside Crown Regency)

5.) A six-tower hotel complex at Mactan Island

6.) A mid-rise condominium at Nivel Hills

And a lot more.

[ic3man25]

@khabz
welcome bai!!

@arnoldsa
ok, i'll try bai arnold...