Boutique developer C-5 Mansions Development Corp. has announced that construction for its Ridgewood Towers Premier project has reached the ground level.
The building’s mat foundation and four basement levels are now structurally complete. Work will soon begin on the upper floors.
The 31-storey residential condominium is now rising fast on President CP Garcia avenue, just a few steps from SM Aura Premier and Bonifacio Global City (BGC).
Ridgewood Towers Premier offers cozy one-bedroom, one-bedroom with balcony and two-bedroom suites for investors and aspiring homeowners. Residents will enjoy exclusive amenities including a lap pool, private theater/game room and a gym.
Turnover of Ridgewood Towers Premier is expected in the latter part of 2022. The mixed-use tower’s six floors covering 168 units, meanwhile, are earmarked for Ridgewood Premier Hotel.
The project’s hotel component — Ridgewood Premier Hotel — is likewise being offered to investors, but this time with attractive earnings components: a guaranteed 6 percent return per annum (p.a.) and up to 6 percent bonus p.a. depending on the hotel’s occupancy rates.
With the first three buildings of Ridgewood Towers completed over a decade ago, Ridgewood Towers Premier will complete the Ridgewood Square project of C-5 Mansions in the Fort Bonifacio district, thus making its promise of “Global Living Within Reach” true for its mostly middle-class buyers.