38 Park Avenue, A New York Inspired Condominium Launches in Cebu

Top Cebuano businessmen launched on March 9 a 38-storey New York-inspired condominium right in our very own Cebu I.T. Park. The launch was held in the ballroom of Radisson Blu with Martin Nievera as the guest artist.

Cebu Landmasters Inc. (CLI) Chairman and Chief Executive Officer Jose R. Soberano III is inviting Cebuanos to live the high life with this condo project that combines green spaces and high-end urban living, with a contemporary design showcasing a panoramic view of the city.

The 38 Park Avenue residential high-rise project will be built by El Camino Developers Cebu, Inc., a partnership between CLI, Gothong Southern Properties, Acrissor Development Corp., and RKD Property Holdings Inc.

Located in the last 1.18 hectare patch of green in Cebu I.T. Park, one of the Philippines’ top 20 prime real estate property, 38 Park Avenue is described by the project’s lead developer CLI as a proudly Cebuano-led world-class masterpiece featuring high rise and open park living.

“Phase one of the project will include 38 Park Avenue high-rise residential condo and The Plaza at Park Avenue, an open green retail park. Phase two will be a future office building,” said Soberano.

Master-planned by Callison RTKL, the world’s top design consultant, and Aidea, the Philippines #1 architectural firm, 38 Park Avenue condo units are meticulously designed and angled to give the best panoramic view of the city and stands to become one of its impressive landmarks.

The 38-floor high rise masterpiece will feature 3 levels of amenity at the 26th and the 28th floor, 2 main lobbies for both the building’s east and west side, 8 elevators, 3 levels basement parking, a grand atrium at the center of the tower, and ultra-exclusive VIP units.

Of the condo’s 745 units in a 1,280 square meter building floor plate, there are 440 studio units, 211 one-bedroom units, 75 two-bedroom units, 11 three-bedroom units, and 8 penthouse units with balcony on select units and 495 parking units.

“38 Park Avenue also offers Cebuanos a garden atrium, lounge areas, and sky gardens on various floors. The sky club amenity deck will feature a swimming pool, fitness gym, lounge areas, and a multi-function hall,” said Soberano.

Building services include a material recovery facility, 100 percent back up power, a fire detection alarm system, an automatic sprinkler system, a domestic water tank, 24-hour security and a CCTV system, and expertly supervised property management services by Cebu Landmasters.

“This is our answer to the demand of providing world-class living in our very own address that never sleeps, Cebu I.T. Park. 38 Park Avenue will steer the Metro Cebu skyline to another level and bring the New York way of life and work to our shores,” said Soberano.

Selling of the units is ongoing and so far, it is doing very well. For inquiries and purchases, you may contact Cebu Landmasters directly, he adds.