Condo, hotel project underway in Davao

IN 2017, Santos Land Development Corporation (SLDC) launched two new vertical projects – the Ivory Residences Condominium and Obsidian Suites Hotel in JP Laurel Avenue, Davao City.

Now, SLDC continues to hasten its construction in order to better serve and provide residential services to the Davao community.

“For the condominium, we are now on the first floor. Before the end of the year, probably we’ll reach the third floor,” SLDC president Antonio Nicolas Domingo said in an interview.

The first twin development project of SLDC will rise on a 4,700-square meter lot and is aligned to the Davao City tourism roadmap.

“And things will be faster pagmatapos ang third floor, mabagal lang ngayon kasi maraming procedures (And things will be faster once the third floor is completed, it took quite slow for now because of several procedures),” Domingo said.

For the sales, SLDC sales and marketing manager Estela Aguilos said the project is performing well as it is now considered 50 percent sold.

The Ivory Residences, as described, is an 18-story tower with 330 units of various sizes and is capable of housing approximately 120 parking units spread out over three floors.

The amenities building adjacent to the condo has a swimming pool and features a two-story clubhouse and a nice outdoor park that connects to the third floor of Obsidian hotel.

While for the hotel, construction is eyed to commence next year.

Domingo added that the hotel ratio was already changed. From a 50:50 rooms and open space ratio, it became 70:30 in favor of the rooms. The hotel will now house 144 rooms ranging from superior, deluxe, junior and executive, themed suites.

Obsidian Suites is a 10-story business hotel with a roof deck.

There will be different-sized meeting rooms as well as two 50-seater function rooms that can convert into a mid-sized ballroom. There will also be two restaurant outlets, one on the ground floor while the other one is at the roof deck.

The SLDC president also said the condominium establishment is eyed to finish at the same time as the hotel finishes its construction. The twin projects are expected to be operational by 2020.

Source: Local News

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