1016 Residences: Cebu's luxury address

MANILA, Philippines - Cebu has produced some of the richest and biggest titans in business (the Aboitizes, the Lhuilliers, the Osmeñas) some of the most creative people in furniture design (Kenneth Cobonpue), fashion and accessory design (Monique Lhuillier, Butch Carungay, Jun Escario, Kate Torralba, Philip Rodriguez). 

It’s about time that Cebu City acquired an address that would represent the status of its people. Ayala Land Premier (ALP) and its affiliate Cebu Holdings Inc. are providing that address: 1016 Residences, a 24-storey residential tower located at 1016 Luzon Avenue in Cebu Business Park (CBP) and set to be completed in the third quarter of 2014.

1016 Residences is Ayala Land Premier’s second development in the province, the first being Amara, an exclusive seaside community in Liloan, Cebu.

Like ALP developments, 1016 Residences comes with the company’s trademarks: exclusivity, unparalleled location, tasteful design and vibrancy.

Exclusivity

How exclusive is 1016 Residences? Only 109 units, all of which with balconies that overlook the city, mountain and sea, will make up the 1016 community. 

Units start at 98 to 101 square meters for the two-bedroom; 131 sq.m. for the three-bedroom; and limited-edition three-bedroom units called Park Suite, Cityscape Suite, Horizon Suite, Terrace Suite and Skyline Suite. Pricing starts at 10 million to 45 million for the Penthouse Unit, which has its own swimming pool. All units have a maid’s room.        

Classy, subdued: The master suite in the two-bedroom model unit.

May Platero-Rodriguez, Project Development Head for 1016 Residences describes the future residents of 1016 Residences as “business people, corporate executives, people who want to be in the center of everything. 1016 Residences will be the first of its kind in Cebu. And also the new generation of very entrepreneurial Cebuanos — they are young, they are risk-takers and they have very particular lifestyle preferences.”

1016 Residences will have landscaped gardens, a kiddie play area, lobby lounge, roof deck, and inverter-type air-conditioning systems. Each unit also comes with City Sports Club Cebu usage rights, which means that residents can enjoy the facilities of the sports club, such as basketball, volleyball and tennis courts, swimming pools, restaurants, function rooms.  

Unparalleled location

1016 Residences is centrally located in Cebu Business Park, right beside City Sports Club Cebu, to which it has direct access. Across City Sports is Marriott Hotel and Ayala Center Cebu, the region’s most prestigious mall with its mix of high-end shops, imported and local labels, plus Cebu’s homegrown brands.

Cebu Holdings Inc. president Francis Monera says, “As the centerpiece of Cebu Business Park, Ayala Center Cebu serves as the lifestyle hub, providing for the shopping, dining and service needs not only for those residing and working within the park, but for the surrounding communities as well. As components of a master-planned community, these developments complement each other in promoting the integrated live-work-play lifestyle we aim to achieve.”

1016 Residences, if you will, is the jewel in the crown of the mixed-use community that is the CBP.

Roof deck amenity of 1016 Residences

 “Real mixed-use developments are more than just having retail outlets at the lower floors of residential buildings,” says Jose Juan Jugo, head of Ayala Land Premier Business Development and Land and Houses Group. “Mixed-use developments in the truest sense, provide people with not just two, but multiple land uses simultaneously.  The future of urban development is being defined by mixed-use developments.  Ayala Land as a total company — through its entire portfolio, not just Ayala Land Premier, Alveo and Avida has started making its own contributions to urban progress in our country through such developments. Nuvali in Laguna, and Ayala Center in Makati are two real examples of what Ayala Land has done in mixed-use developments.”         

Tasteful design

Cebuanos, I am told, have an affinity for water. It’s not uncommon for them to take an hour off from their daily schedule to go to the beach or to go diving.

A typical week always include a trip to the beach with friends or family. It’s a laidback lifestyle, a relaxed attitude towards life. They work hard and they enjoy the fruits of their hard work.

This affinity for the sea was definitely considered in the architecture and interior design of 1016 Residences. All units come with a balcony and ventilation is maximized for the common areas, and in select units the windows run from ceiling to floor to maximize the views of mountains and sea.

The Limited-Edition Units are truly something to rave about. They all have three bedrooms, a walk-in closet in the master bedroom, and each with its own distinct feature. The Park Suite is a bi-level, three-bedroom unit approximately 187 sqm. Its ground floor opens out to an expansive private garden and patio. There are only two Park Suite units. The Terrace Suite has a private terrace that’s big enough to hold parties. There are also only two units of this kind and is approximately 184 sqm. The Cityscape Suite is bi-level and equipped with a private roof deck for select units and is approximately 195 sqm. It has expansive living and private spaces high above Cebu’s cityscape.

Roof deck amenity of 1016 Residences

Vibrancy

With 1016 Residences, CBP is bound to become an even more exciting district. Jugo says, “There is no real ‘limit’ to real estate development.  Mature cities like Makati, Manila, and even foreign cities like San Francisco and New York are in constant evolution.  To this day, these cities continue to change. Spaces around us are dynamic, cities are expanding, and market trends are ever changing.  As the property developer it is, Ayala Land, Inc. is at the forefront of these changes.  Mixed-use developments are gaining ground in our country, and eventually, these products redefine what ‘full capacity’ means.”      

With the growth of all industries in Cebu, Jugo foresees a 24/7 lifestyle for CBP. “As cities mature, the lifestyles in them become more fast-paced. If Cebu continues in its quest to become a true regional hub addressing the needs of global markets, then it will have to adapt this 24/7 lifestyle. It may not happen tomorrow or next year, but given the way Cebu has been developing, it will happen sooner than later.”

1016 Residences will surely become an oasis in this gem of city that’s proud of its people, its achievements and its growth.