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AboitizLand unveils new urban village development: The Persimmon

Eyeing the strong demand for high density living in Cebu’s emerging urbanized metropolis, Cebu’s major real estate developer Aboitizland has started construction of their fist vertical project which is an urban village called The Persimmon.

AboitizLand’s chief operating officer Andoni Aboitiz recently announced the start of the construction of The Persimmon, a 1.4 hectare area that will host a themed community consisting two components: a commercial neighborhood and a residential enclave with four mid-rise condominium towers: east, west, south and north.

Aboitiz said that the site clearing has been completed on the former Cebu Oxygen and Acetylene Corporation (COACO) building and that construction of their West Tower, which will have 157 units with 15 levels will be started in the second quarter of 2008 and its units will be turned over to homeowners within two years ... Read more... >> Source: The Freeman. 04/14/2008.

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