News

28-story ‘BB Tower’ to rise along Gorordo

A NEW real estate player is erecting a 28-story tower on Gorordo Avenue corner Escario St., Cebu City. Eight Star Land Development Corp. unveiled on Friday, Oct. 18, 2019, its maiden project named BB Tower, which is a new addition to Cebu’s thriving condominium-hotel (condotel) business. Maybelle Ho-Padillo, president of Eight Star Land, said the construction of the building is expecte...

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Privatization of snorkeling activities in Boracay eyed

"I figure out that there are lots of safety nets needed for the operation of sea activities, such as snorkeling. And this is expensive if to be addressed by the local government. My solution is to give its management to a private stakeholder and the local government will still earns through their taxes and permits," he said. Bautista said he is confident that private stakeholders woul...

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Fairfield by Marriott to open in 2020

GLOBAL hotel chain Marriott International is set to make a comeback in Cebu next year. Nearly two years after it exited its presence in Cebu hospitality industry, the American hotel group announced its partnership with Cebuano firm Prestigio Inc. to open the country’s first Fairfield by Marriott hotel in Mandaue City by the middle of next year. Prestigio is the hospitality arm of the Y...

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King Properties tops off Meridian

CEBU-BASED King Properties has topped off and completed the structural works for Meridian by Avenir, its latest high-rise development in the city. Meridian by Avenir boasts of unique amenities and services tailored for business and residential owners—naturally integrating all aspects of life and work within a single, harmonious space. The high-rise development envisions to elevate the hom...

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8990 CEO Willie Uy passes away

By James Loyola Housing and resorts developer 8990 Holdings Inc. announced the passing of its President and Chief Executive Officer Willibaldo J. Uy. In a disclosure to the Philippine Stock Exchange, 8990 said the company deeply mourns the passing of Uy and “will continue to remember and appreciate his achievements for, and contributions to, the company.” A veteran of the Phil...

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Primeworld District promises lifelong holiday bliss

Few things feel as exciting as momentarily leaving the daily grind and packing up for a well-deserved vacation. That holiday bliss is what national developer Primeworld Land Holdings Inc. sought to capture in its flagship residential development in Mactan, Cebu. Primeworld District is a 4.5-hectare resort-style residential development with a mix of condominium towers and standalone villas, all...

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