Gold Peach Properties breaks ground on One Pavilion Place

Tuesday, June 21, 2011

GOLD PEACH Properties, the property development arm of retail chain Gaisano Capital Group, recently broke ground on its pioneering project One Pavilion Place.

Led by Gold Peach Properties president Edmund Gaisano Jr. and chairman Henry Gaisano II, the ceremonial groundbreaking officially launched One Pavilion Place to the public. Also present were Valerie Gaisano-Sebastian, VP for admin and finance; Yongson Huan, finance manager; and Nilo S. Miranda II, VP for corporate communications and operations.

Although more popularly-known in the retail industry, the Gaisano Capital Group has been developing its own supermarkets for the past three decades.

With Gold Peach Properties, the retail giant returns to its construction and property development roots, the company said in a press statement.

In his speech, president Edmund traced Gaisano Capital’s history “from being a small independent construction company to becoming one of southern Philippines’ most successful retail giants.”

Citing One Pavilion Place as a flagship project, Edmund also expressed hopes that Gold Peach will become “one of the nation’s most promising property developers.”

Envisioned as an integrated mall and condo development, One Pavilion Place will soon rise in the middle of bustling R. Duterte St. in Banawa.

The master plan is a 26-story residential tower with the first two floors being One Pavilion Mall, which will feature dining, shopping, and entertainment components.

For the One Pavilion Place project, Gold Peach Properties partnered with both TVA&P, Inc., an architectural firm, and ASEC, a recognized leader in residential, industrial, and commercial development.

Market

“It will offer all the amenities of a high quality condominium at affordable prices,” said Gold Peach VP of corporate operations Nilo Miranda II. “We will have a gym, a swimming pool, a children’s play area, multi-level parking, a multi-purpose hall and more.”

Emphasizing location, design, amenities, and affordability as major advantages, Miranda said the development “appeals to a broad market range, including students, yuppies, young couples, start-up families, retirees, etc.”

“One Pavilion Place has something for everyone,” he adds. “It’s a one-stop destination in the heart of the city.” (PR)

Published in the Sun.Star Cebu newspaper on June 22, 2011.