Resort, residential complex to rise in Puerto Azul
BOULEVARD Holdings, Inc. (BHI) has forged a partnership with Revolution Precrafted, Inc. to build a resort and residential complex in Ternate, Cavite.
In a statement Monday, start-up Revolution Precrafted said it inked a development and sales contract with BHI for the project.
Under the deal, an integrated resort and residential complex will be built on a 13-hectare lot within the Puerto Azul Golf and Country Club. The development is initially planned to be called Rogue Resorts and Residences.
The first phase of the project, which covers a 3.4-hectare portion of the property, is expected to raise P3.4 billion in sales. It will include a total of 783 condominium units, cluster homes, villas and curated units.
“We want to introduce this beachfront enclave to a whole new generation of homeowners and leisure visitors who want to get away from the city and have a private sanctuary they can call their own,” Jose Roberto “Robbie” R. Antonio, founder and chief executive officer of Revolution Precrafted, was quoted in the statement as saying.
“A part of our goal is to make Rogue Resorts and Residences a popular destination for leisure and hospitality. We have plans to enter into an asset-management agreement with the homeowners in case they want to lease their units to guests,” he added.
The remaining nine hectares of the property will be developed in the next five years in accordance to market demand. Revolution Precrafted said it wants to build the project as an eco-sustainable complex to preserve the Paniman beach.
“The 13-hectare property for Rogue Resorts and Residences is just the beginning of what we hope to be a long-term partnership. We are considering the expansion of this partnership in the years to come,” BHI Senior Vice-President for Hotel Operations Michael Lancelot F. Panlilio was quoted in the statement as saying. — Denise A. Valdez
Source : https://www.bworldonline.com/resort-residential-complex-to-rise-in-puerto-azul/
Tags: BOULEVARD Holding Inc.
