Developer eyes growth in 2025 with new projects in key provinces

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PUEBLO DE ORO Development Corp. (PDO), one of the residential development arms of the ICCP Group, said a number of its projects are expected to reach an advanced stage of development this year.

In a statement, PDO said it also expects the launch of new projects and the expansion of existing one in 2025, foremost of which is the 400-hectare township in Cagayan de Oro.

“The projects we launched in 2024 will come online in the coming year. Additionally, we will be launching and commencing new developments,” said Prim Nolido, PDO president and chief operating officer. “It will be a busy year, especially with the expansion of our Cagayan de Oro township.”

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Architect’s rendering of Pueblo de Oro Townhomes Carcar.

 One of the company’s signature projects in 2024 is Pueblo de Oro Courtyards Lipa, a 10-hectare townhouse development in Barangay San Benito, Lipa City, Batangas, PDO said.

With an estimated project cost of P1.8 billion, the development is slated for completion by July 2027.

According to PDO, this project is part of the company’s broader expansion in Batangas Province. 

This year, the company said it will launch Pueblo de Oro Westwoods Heights in Barangay Tingga Itaas, Batangas City. 

Spanning 13 hectares, this development will offer 548 house-and-lot packages and open lots, with a project cost of approximately P1.7 billion.

Both projects are ideal for families from Batangas and neighboring regions looking for affordable and less congested living options. Their locations are easily accessible to schools, work opportunities, and commercial establishments.

In the Visayas, PDO said its Pueblo de Oro Townhomes Carcar project in Carcar City, Cebu broke ground last year. 

This economic housing community, the company said, will feature over 900 house-and-lot units on a 10-hectare site in Barangay Can-asujan. 

With a total investment of around P1.2 billion, the development is scheduled to launch in the first quarter of 2025.

PDO said construction is also underway for the Westwoods Storeys condominium project in Barangay Carmen, Cagayan de Oro City. This seven-tower, mid-rise development sits on a 5.2-hectare site within the 40-hectare Pueblo de Oro Urban Rainforest.

PDO said the project, with a cost exceeding P3 billion, will offer a total of 989 residential units, with the first tower scheduled for turnover in 2026.

The company said in July last year the Cagayan de Oro City Council approved PDO’s Masterson Mile North condominium project, the first of its kind in the city.

The project will feature five residential towers, ranging from 22 to 26 floors. 

Designed by renowned international architects Gensler (Singapore) and Casas+ Architects, the high-rise project is estimated to cost P13.5 billion and is seen as a key step toward transforming Uptown Cagayan de Oro into a world-class urban hub. Development has already begun, with the first tower expected to be completed by 2026.

PDO said these projects are part of the company’s ongoing expansion in Cagayan de Oro. 

More recently, the developer announced its Southridge project in Cagayan de Oro, a 31-hectare mixed-use development designed to emulate the Silicon Valley vibe of the southern San Francisco Bay Area. 

Situated at the intersection of the new Laguindingan-Pueblo de Oro Diversion Road, within the expanded Pueblo de Oro township, this project will have residential communities, commercial spaces, and other amenities.

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Pueblo de Oro and the ICCP Group are also in discussions with the government’s National Development Corp. for plans to establish a World Trade Center exhibition hall in Cagayan de Oro.

“As we continue to expand our footprint across key regions, Pueblo de Oro remains committed to building communities that offer sustainable and accessible urban living,” Nolido said. “With our strong pipeline of projects in 2025, we are excited about the opportunities ahead to not only meet the evolving needs of our homeowners but also contribute to the growth and development of the cities and provinces where we operate.”

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