Cebu Landmasters Inc. (CLI), a property developer in the Visayas and Mindanao regions, on Monday said it is spending some P1.5 billion for the redevelopment of Patria de Cebu.
The company said Patria de Cebu is a mixed-use area that will have office space, Mercure Hotel and recreation places.
The development is a joint project between the Archdiocese of Cebu, which covers the construction and operation of the mixed-use property for 40 years. The groundbreaking of the complex was timed to also celebrate the 500th year of Christianity in the Philippines.
“The final design of Patria de Cebu is a result of collaboration between the Archdiocese of Cebu, CLI and key stakeholders. It is a celebration of Cebuano history and culture in today’s setting,” CLI CEO Jose Soberano III said.
The project needed the approval of the National Historical Commission of the Philippines as it wants to retain the main Patria building. CLI and the Church commit to preserve the historic edifice of Patria de Cebu and not just its frontage, it said.
The said project will have a total of 21,000 square meters of gross floor area and will incorporate a 182-room international hotel. It will have a 4,320 square meters of food, dining and entertainment spaces and 4,400 square meters of offices. The balance will be taken up by Mercure Cebu Downtown set to open in 2024 to be operated by French hotel chain Accor.
Located in front of the cathedral with baroque influences, Patria de Cebu was envisioned by architect Jose Pedro Recio.
A new structure will be integrated while preserving the heritage of the main Patria building that will have dining, entertainment and office hub while having a large central interior plaza for cultural and other gatherings. Its rooftop will also be a venue for al fresco events.
Mercure Cebu Downtown’s ballroom and meeting rooms will also host social and business gatherings. It will also have a restaurant, executive floor lounge, swimming pool and rooftop bar.
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