Certified green builder Italpinas Development Corp. (IDC) will shortly launch a new condominium development, where buyers will not only own a topnotch home, but also enjoy the benefits of an innovative solar-power system. IDC’s Primavera City in Cagayan de Oro City is designed with an onsite solar-power plant component that should produce around 1.4 megawatts of power. IDC President Jose D. Leviste III said that by investing in an economically sized solar-power system, the residents of Primavera City will enjoy a lowered cost of living, as the system contributes solar power to the building’s various functions.
The building’s lessened dependence on expensive power from the grid makes it an innovation not just in aesthetics and design, but also in the economics of condominium living, he noted. IDC Chairman and COO Romolo Valentino Nati, an Italian architect, said Primavera City’s solar plant component is consistent with the company’s thrust of building only sustainable and ecologically sound condominium buildings. “The company’s unique marketing proposition is to offer distinctive energy-efficient, passive and active eco-friendly green-building concept with beautiful contemporary Italian-Filipino design, while continuously improving the quality and accessibility of its residential and commercial properties to satisfy the housing and business needs of the expanding Philippine population, and the desire of overseas Filipino workers, balikbayan and expats to secure properties in new emerging cities in the country, as well as the increasing sophistication of the market and its demand for style and comfort,” Nati emphasized. Primavera City’s value proposition, he added, revolves around the unique integration of renewable energy with real-estate development. “Once the capacity to implement the solar PV system for condominiums is refined, the power generated from solar energy may spin off to another business ventures, which target other residential, office and commercial buildings.” The publicly listed IDC made its mark in the real-estate industry as the first Philippine company certified by the International Finance Corp. (IFC)-World Bank Group’s “Excellence in Design for Greater Efficiencies” (EDGE) program for its flagship project also in Cagayan de Oro City, the Primavera Residences. It recently announced that the launch of Phase 1 of Primavera City has been set in the second quarter of the year. It involves the construction of two towers of integrated multifunctional buildings (commercial, office and residential) project with 11 floors each. Located at the Pueblo de Oro Business Park, Upper Carmen, Cagayan de Oro (near SM City Cagayan de Oro), Phase 1 of the project entails an investment of about P653 million for two towers. When fully complete, Primavera City is planned to consist of seven green buildings, including a high-rise tower. The two towers of Primavera City Phase 1 are designed to have 337 units, 57 of them commercial units; 231 are studio type; 22 are one-bedroom units; and 27 are two-bedroom units; and around 100 parking slots. Their average sizes are 50 to 60 square meters for commercial units, 28 sq m for studio-type units, 47 sq m for the single-bedroom units and 70 sq m for the two-bedroom units. IFC Global Green Building Specialist Prashant Kapoor, IFC World Bank Legal Advisor and IFC Philippines head of Green Building Program Tess Lacerna and IFC Country Manager Jane Xu awarded the certificates to Primavera Residences Tower A & B as the “First Completed Condominium Project in East Asia Certified by EDGE.” EDGE is an accreditation body of the IFC-World Bank Group. It helps property developers build and meaningfully brand their properties as “green.” It is the highest and most desirable program in the international real-estate industry. EDGE is supported by a software that encourages solutions to reduce energy, water and energy consumption by at least 20 percent, which is the standard for EDGE certification. Source: http://www.businessmirror.com.ph/
CERTIFIED green builder Italpinas Development Corporation (IDC) has set for the second quarter of this year the launch of its new huge and groundbreaking project Primavera City in Cagayan de Oro City. IDC made its mark in the real estate industry as the first Philippine company certified by the International Finance Corp. (IFC) World Bank Group Excellence in Design for Greater Efficiencies (Edge) for its flagship project also in Cagayan de Oro City, the Primavera Residences. IDC Chairman and COO Romolo Valentino Nati, an Italian architect, said Phase 1 of Primavera City involves the construction of two towers of integrated multifunctional buildings (commercial, office, residential) project with 11 floors each. Located at the Pueblo de Oro Business Park, Upper Carmen, Cagayan de Oro (near SM City Cagayan de Oro), the project entails an investment of P653 million. “Primavera City is a fitting follow-up to our highly successful and multi-awarded Primavera Residences, which caught the fancy of not just Filipino but even foreign buyers and property experts for its modern Italian design infused with eco-friendly architecture,” Nati emphasized. The grand launch will be in the second quarter, and start of construction of the Primavera City Phase 1 is third quarter of 2016. IDC targets the completion of the project and the turnover of its units to their owners by the third quarter of 2018. IDC President Jose “Jojo” D. Leviste III said the two towers of Primavera City Phase 1 is designed to have 337 units, 57 of them commercial units; 231 are studio-type; 22 are one-bedroom units, and 27 are two-bedroom units. Their average sizes are 50 to 60 square meters (sqm) for commercial units, 28 sqm for studio-type units, 47 sqm for the single-bedroom units, and 70 sqm for the two-bedroom units. “We will conduct extensive marketing for our target buyers that include employed and/or self employed individuals with gross family income of at least P50,000 such as local entrepreneurs, SME’s, OFW’s, young professionals and retirees, among others. With Cagayan de Oro City now an emerging tourism and investment destination in the country, Primavera City is a great buy, not just for first-time home owners, but also for investors,” Leviste, a lawyer, stressed. Nati said Primavera City is envisioned to be another IDC award-winning sustainable-development project, with its passive green features, such as increased natural ventilation, shaded façade and semi-transparent photo-voltaic panels covering the amenities located on the rooftop, among others. The project has been recognized as highly commended condo by the Climate Technology Initiative Private Financing Advisory Network (Ctipfan) in Singapore in 2014. Source: http://mindanaogoldstardaily.com/
Once upon a time, there was a silly 15 year-old high school girl who did not write “living independently” first in her list of priorities. All she thought about when asked what she wanted in the future was to buy clothes without looking at price tags and well…getting a car. It didn’t came to her mind that investing on a house or a condo is more important than shopping ‘till she drops and driving around town in a shiny red car. Uh-huh. Yes, you guessed it. That silly girl was me. Growing up, I relied on the fact that my parents will let me live with them as long as I want to. Even though that’s true (because they’re my parents after all), as time passed by, I realized that it would be too much. It’s part of the Filipino culture to have a closely knit family, but that doesn’t mean living with them under one roof until you’ll have a family of your own too. I realized that sooner or later I have to get my own place and start to live independently. The bird has got to leave the nest haha! Now, I have set my mind on investing on my own place. Since I’m starting young, getting a condo for me and eventually for my future family is the dream. For me, there’s nothing quite like living in a condo with a breathtaking view that I’ll see outside my window everyday. Every night, I’ll be surrounded with twinkling city lights. I can relax and take a dip in the pool whenever I want to. Going to the gym to sweat out won’t be too difficult because it’s located in the same building where I live. It’s basically like doing a staycation in your own hotel everyday. There are a lot of visually appealing condos with several high-end amenities in the city, but Italpinas Development Corporation’s (IDC) Primavera Residences has got to be my favorite one yet.For one, it has a modern Italian design infused with eco-friendly architecture. Since I’m pretty much in love with anything Italian (the food, the culture, the places, the language, and the design), I guess you can say that I was instantly smitten by this condo. Aside from its design, it’s also the first eco-friendly condominium complex in Cagayan de Oro. Its green features include increased natural ventilation, shaded facade, and a semi-transparent photovoltaic panel which covers the amenities located on the rooftop, among others. Since Philippines is an oh-so warm country, living in a condo that invites natural ventilation guarantees a cooler environment. You can save up energy by reducing the use of airconditioners and electric fans.Recently, IDC has set the launch of its new huge and groundbreaking project – Primavera City in Pueblo de Oro Business Park, Upper Carmen, Cagayan de Oro during the second quarter of this year. The Phase 1 of Primavera City comprises the construction of two towers, both with integrated multi-functional buildings with 11 floors each. Cagayan de Oro’s uptown living and development is really starting to skyrocket! Literally and figuratively 🙂 The construction will start during the third quarter of this year. Its two towers is designed to have 337 units. Fifty-seven of them are commercial with an average size of 50 to 60 sqm; 231 are studio-type (28 sqm); 22 are one-bedroom (47 sqm); and 27 are two-bedroom units (70 sqm). I think I’m fine with a studio-type or a one-bedroom unit. Ahh I can’t help but think about how I’ll decorate the place! I’ll finally be able to achieve my design pegs that I’ve posted under Weekly Favorites 🙂 IDC targets the completion of the project and the turnover of its units to their owners by the third quarter of 2018, which I hope is the right time for me to buy a unit for myself. As much as I would love to revel in the moment of being in my early 20′s with travels and #squadgoals in mind, I also have to begin thinking about plans that will benefit me in the long run. I think investing on a place to call my own in an eco-friendly and stylishly designed (with a modern Italian flair! *heart eyes*) condominium complex is a wise step to living the dream! You might want to do the same too! You can contact Italpinas Development Corporation through their website: http://www.italpinas.com/ Source: http://thwanderingdreamer.tumblr.com/post/140657784487