The Persimmon, located along M. J. Cuenco Avenue in Mabolo district is the first venture into vertical development by AboitizLand, Inc., one of Cebu’s most respected real property companies.
Engineer Jesmar Cabriles of AboitizLand’s Construction Management Team said the company opted to use bored pile foundation, despite its relatively higher cost (about P58 million), to ensure safety and stability of the high-rise structures that will be erected in the area.
AboitizLand marketing manager Leorelei Ylaya said the company spared no expense in establishing the foundation,
“because safety and quality are important to us.”
With the completion of the West Tower foundation, more surface development will be visible and “vecinos (Spanish for neighbors; AboitizLand’s reference to its clients and homeowners) will be able to track the progress of construction,” Ylaya said.
The much-anticipated Persimmon consists of four residential condominium towers with units featuring the awesome panorama of the Cebu harbor and the sea beyond and the majestic hills and mountains. It is the first condominium development that integrates a commercial and entertainment strip bringing a marked lifestyle shift for many Cebuanos.
Launched in 2008, The Persimmon’s West Tower is due for turnover in two years. Construction of the other parts of the project, including the three other residential towers is set to begin on a phased schedule.
Ylaya said: “The Persimmon is selling very well, as we had expected, and construction is proceeding as scheduled.”
AboitizLand chief operations officer Andoni Aboitiz earlier disclosed that advanced procurement of essential construction materials for the condominium project had allowed the company to avoid the inconvenience of dealing with a sudden surge in the prices of materials, assuring “the best value for vecinos’ money.”
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