MIRAMONTI IN THE NEWS
Italpinas Gears Up for Miramonti Project Cagayan de Oro city’s first green builder, Italpinas Development Corporation is starting to expand with Miramonti, its first ever project in Luzon, located in Sto. Tomas, Batangas. IDC brings to Batangas its award-winning and globally-certified experience in developments that are responsive both to the local climate and to the call of the environment. IDC is now preparing to launch the first phase of the project with an estimated budget of P780 million and project revenues of P1.4 billion. “We already have secured permits and other documents. We are now awaiting only the Licence to Sell (LTS) before launching the Miramonti project,“
said Romolo Nati, Chairman and CEO of IDC. “We chose Batangas because the place is booming. It is one of the most progressive provinces in the country. The strategic location of Sto. Tomas is one thing also that attracted us. It is near to industrial parks and it has an amazing view in 360 degrees,” Nati added. Miramonti is IDC’s third project after Primavera Residences and Primavera City in Uptown Cagayan de Oro. “Miramonti is the biggest project we have so far at IDC. We are looking forward to serving Luzon for the first time. We have met with the brokers and they are excited as well to market the project,“ said Jojo Leviste, President of IDC.
pany has its own property management partner, Damiani Property Management and Services, Inc. to help its clients acquire passive income through rentals of the property. Miramonti will harness green strategies and will reflect IDC’s authentic Italian design. IDC, in less than a decade of experience, has been recognized in the national and global arena in the field of architecture and design. It won two International Property Awards for Best Mixed-use Development in the Philippines and garnered the distinction of being the First Completed Condominium Project in East Asia to be given an EDGE (Excellence in Design For Greater Efficiencies) Certificate, by IFC World Bank. Right now, IDC is currently applying for EDGE certification for the Miramonti project.
“Many people are looking for a place to live outside but near to Metro Manila. Sto Tomas and Miramonti are placed right at the hub of these expressways connecting to the Metro area. Accessibility is one of the project’s defining characteristics, “ said Leviste. Aside from Miramonti in Batangas, IDC is also The Miramonti project eyeing other emerging will consist of three tow- cities such as Dumaers and will be developed guete, Davao, Mindoro, in two phases. The first Pangasinan and Subic/ phase, which comprises Bataan as locations one tower sitting atop of for its future projects. a podium structure, will sit over a 2,057 sqm. land area. It will offer 352 residential, 14 commercial, Also published in: and 88 parking units, The Manila Times, Manila combined with first- class Bulletin, The Philippine amenities, such as fitness Star, Malaya Insights, The center, swimming pool, Daily Tribune, Mindanao playground, among oth- Daily News, and the ers. At the same time, ac- BusinessWeek Mindanao. cording to Nati, the com-
CDO Developer to Build Socialized Housing Projects Italpinas Development Corporation, a publicly listed property developer in Cagayan de Oro, recently signed an agreement with Gawad Kalinga for its socialized housing project in Batangas. Under the project, IDC will build 102 houses that will amount close to half million USD.
sign of Gawad Kalinga’s other housing projects in the future,” he added.
As a developer, IDC designs eco-friendly lifestyle solutions and incorporate them into energy-smart buildings. Romolo Nati, chief executive officer and chairman of IDC, said that this design and development philosophy can also be applied to socialized housing. “IDC plans to integrate green design to our socialized housing project. Hopefully, we can also help in the de-
volunteerism. Among its programs are shelter, health, education and livelihood geared towards an integrated, holistic and sustainable development.
Gawad Kalinga, a community development foundation based in the Philippines, implements projects that aim to respond to the call for nation building and
orate with IDC. We look forward to do this and more projects together. The idea of applying green concepts in socialized housing is exciting and promising. We thank IDC for choosing Gawad Kalinga as our partner for this project,” said Jose Luis M. Oquine-
tively supporting community programs for the past eight (8) years, collaborating with various foundations and organizations that support social responsibility such as Habitat for Humanity Philippines, Enactus Philippines and CARA Welfare Phil-
na, executive direc- ippines. It recently ortor of Gawad Kalinga. ganized a community outreach in partnership Gawad Kalinga has been with MASA Foundaactive for three years tion in Cagayan de Oro, in conducting feeding helping more than 100 programs in places like residents in a far-flung Metro Manila, Leyte, community in the city. Laguna, to name a few. Its most recent feeding project benefited more than 4,000 kids who were displaced by the Also published in: dispute in Marawi City.
“We are happy to be partnering with Gawad Kalinga as IDC shares the same goal with the foundation in promoting and providing sustainable development across the country,” Nati said. “It is a pleasure to collab- IDC has also been ac-
BusinessWeek Mindanao
IDC ’s Miram o nti P roject S u p p or ts Ri c h Batan ga s Italpinas Development Corporation (IDC) hosted the Batangas Provincial Investment Council (BPIC) Forum held at the Batangas Provincial Capitol last May 23, 2017. IDC Chairman & CEO Arch. Romolo Nati presented the company’s soon to rise project, Miramonti. During the forum, Sto. Tomas Vice Mayor Armenius Silva expressed their excitement for Miramonti as one of the many developments they are expecting this year. At the same time, the municipality of Sto. Tomas is aggressively pushing for its cityhood, which they expect to receive within the year. Vice Mayor Silva added that they are thankful that Italpinas decided to build its third project in Sto. Tomas as it will add more value and diversity in the area.
IDC Visits Sto. Tomas for Miramonti Project
Currently undertaking its initial move for its third project, Miramonti, publicly-listed company Italpinas Development Corporation (IDC) is pursuing to expand its sustainable advocacies in Luzon starting with “We are indeed excited Sto. Tomas, Batangas. to launch the Miramonti project and to have Fostering ties with the Batangas as its location. government officials of With IDC’s goal to build the town, IDC executives its name as a pioneer namely, Jose P. Leviste green real estate develop- Jr., the company’s Prier and to invest in areas mo Consigliere, Chairwith booming economy, man and CEO Arch. Rowe believe that the posimolo V. Nati and IDC tion for Miramonti perPresident Atty Jojo D. fectly fits that objective. Batangas is rich in tourist Leviste along with othspots, culture, and his- er executives and staff tory and we are honored visited Sto. Tomas for to build our first project the Miramonti Project in Luzon in Sto. Tomas”, last December 19, 2016. Architect Nati explained. Moved with a vision
to develop green projects across the Philippines, IDC Arch. Romolo V. Nati said, “We are honored to see the optimism shown by the town’s government officials and its people towards our green building concept. Their warmful acceptance on the Miramonti project builds us more confidence in moving our green advocacy in Southern Luzon.”
Tomas in Batangas is an ideal location for our third sustainable project. In fact, environmental protection is a topmost concern of the province which perfectly fits to our ambition,” he added. Miramonti, which means “facing the mountains” in Italian word, is IDC’s first development in Luzon. Miramonti will harness green strategies as well as present its authentic Italian design. The said project is expected to launch in 2017, while its sales office is planned to open by the first quarter of the same year.
Santo Tomas, which is known for its green movement, shares the same passion with IDC’s sustainable goals. “As a company aimed to bring sustainable projects in emerging cities in the country, we believe the Also published in the booming town of Sto. BusinessWeek Mindanao