Garden Condo to Rise

WITH only one condominium tower situated on a 3,500-square-meter lot, The Padgett Place spreads out over the entire space and incorporates more greenery, making it the first high-rise garden residence in Cebu City.

“This is considered one of the bigger investments in Cebu, and its concept is to have an all-residential condominium, unlike other condominiums that are into commercial spaces as well.

We want our residents to experience peace and quiet in their community,” said Gladys Ceniza, marketing consultant of The Padgett Place.

A multimillion-peso investment, Padgett is a 24-story condominium located along Molave St. in what many Cebuanos remember as the Padgett Compound. It is a two-minute walk from the University of the Philippines Visayas Cebu College campus and minutes away from churches, hospitals, malls and the business district.

Padgett boasts of its huge space on the ground floor suitable for sprawling lawns, lots of trees and landscaping. It keeps up with the general environment of its community along Gorordo Ave. and Molave St., which are known for their century-old acacia trees and mango trees.

To enjoy bigger space and privacy, each floor will consist of only 10 units having from one bedroom up to three bedrooms. The 20th to 24th floors will have four three-bedroom units each with a small garden in each unit.

Four huge two-story garden villas will be on the ground floor with a swimming pool in every villa.

The tower will have a total of 160 units, with prices starting at P3.5 million.

Residents will be able to enjoy amenities like a lap pool, kiddie pool, jogging path, gardens, indoor and outdoor clubhouses, gym, coffee shop and grand lobby.

Even before the formal announcement of the project, 50 percent of the units had been reserved by locals.
Rafaelito Barino, chairman of Cebu Green Peaks Development Inc., developer of Padgett, said: “I’m happy to announce that even as we are yet preparing to launch, the concept has received acceptance among many families. Several units have been blocked off by those who are really looking for a real home in the city.”

Development is expected to start after five months, and turnover of units to the buyers will be in 2013.