Business World

Resort, residentia­l complex to rise in Puerto Azul

- Denise A. Valdez

BOULEVARD Holdings, Inc. (BHI) has forged a partnershi­p with Revolution Precrafted, Inc. to build a resort and residentia­l complex in Ternate, Cavite.

In a statement Monday, start-up Revolution Precrafted said it inked a developmen­t and sales contract with BHI for the project.

Under the deal, an integrated resort and residentia­l complex will be built on a 13-hectare lot within the Puerto Azul Golf and Country Club. The developmen­t is initially planned to be called Rogue Resorts and Residences.

The first phase of the project, which covers a 3.4-hectare portion of the property, is expected to raise P3.4 billion in sales. It will include a total of 783 condominiu­m units, cluster homes, villas and curated units.

“We want to introduce this beachfront enclave to a whole new generation of homeowners and leisure visitors who want to get away from the city and have a private sanctuary they can call their own,” Jose Roberto “Robbie”

R. Antonio, founder and chief executive officer of Revolution Precrafted, was quoted in the statement as saying.

“A part of our goal is to make Rogue Resorts and Residences a popular destinatio­n for leisure and hospitalit­y. We have plans to enter into an assetmanag­ement agreement with the homeowners in case they want to lease their units to guests,” he added.

The remaining nine hectares of the property will be developed in the next five years in accordance to market demand. Revolution Precrafted said it wants to build the project as an eco-sustainabl­e complex to preserve the Paniman beach.

“The 13-hectare property for Rogue Resorts and Residences is just the beginning of what we hope to be a long-term partnershi­p. We are considerin­g the expansion of this partnershi­p in the years to come,” BHI Senior Vice-President for Hotel Operations Michael Lancelot F. Panlilio was quoted in the statement as saying. —

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