A PHP6billion resort and entertainment complex will soon be built in this Freeport.
This, as the ISOC Holdings, through ISOC Land (ILand), signed Tuesday an agreement with the Clark Development Corporation (CDC) to lease and develop a sevenhectare area here that will pave the way for a harmonized recreational, entertainment, business and lifestyle complex complete with hotels, offices, serviced condominiums, and retail facilities, among other establishments.
The complex is the first largescale masterplanned project under the ISOC Holdings and is the second project for ILand after its ILand Bay Plaza project which is now under construction at the MOA Complex in Pasay City.
During the signing, Aidea Design lead architect Ricardo Reyes said the project will be an environmentfriendly development where they will incorporate the natural setting of the area in their design.
What we envision for the project is a sustainable and energy efficient development plan. We don't want to alter the environment drastically but we want to blend it with our design, Reyes said.
ISOC Holdings chairman Michael Cosiquien said the project will showcase their company's thrust towards environmental sustainability.
We see this project as a showpiece for ISOC's very strong push towards environmental sustainability where we will maximize the natural attributes and resources of the property and incorporate them in the design, flow, construction and use of building and facilities, Cosiquien said.
ILand president Joseph Ramil Lombos, on the other hand, said their master plan for the project will cater to the needs of every customer.
As a masterplanned complex, we made sure that every detail is geared towards every particular customer the tourist, businessman, boss lady, families and kids, lovers of the outdoors and adventureseekers, and just the average customer wanting to commune with nature and yet have access to every amenity, Lombos said.
Meanwhile, Clark Development Corporation (CDC) president and CEO Noel F. Manankil said the project will complement the various developments in the Freeport.
There is a growing demand for more lodging facilities and corresponding amenities within a carefully planned community that ushers in a new, unique and distinctive lifestyle. This undertaking augurs well in the overall development blueprint for Clark that would redound to a greater benefit for the region, Manankil said.
Source: Philippines News Agency