Uptown, Cagayan de Oro – Italpinas Development Corporation held its groundbreaking ceremony last March 26 for CITTA’ BELLA at Primavera City’s which is the Phase 2 development of Primavera City, the company’s second development in Uptown, Cagayan de Oro. The event was well-attended by business partners, real estate practitioners, media partners and City Councilor George Goking.
“One of IDC’s goals is to build its name as recognized leader in green real estate developments. And to invest in areas with strong economic growth potentials like, just like Northern Mindanao” said Arch. Romolo Nati during his speech.
“And for Cagayan de Oro” he also added “it is a fast-growing city in a strategic location with a well-developed infrastructure backbone. Cagayan de Oro has an excellent connectivity to major production areas and markets, a through the presence of an international port and an international-standard airport, and, furthermore, has a diverse range of eco-tourism attractions.”
“In 2010, when we started our first project in CDO, we knew that we were facing a big challenge but, as for now, the markets have proven us that we made the right choice– both the property market that bought up our flagship building, Primavera Residences, and the stock market which validated our investment in Mindanao” explained IDC’s CEO, Arch. Romolo Valentino Nati.
Primavera City will offer distinctive Italian design combined with passive building technology such as shadow and sunlight control, wind cooling and shape performance. Photovoltaic panels are to be installed vertically, parallel to the building walls facing east, and horizontally to maximize efficiency in solar energy generation.
The Primavera City project has been awarded as Best Mixed-Use development in the Philippines by the Asia Pacific Property Awards last May 2017.