Cebú Projects and Constructions

[sista]

EK is becomming drabby and worn out. I should have taken the pics inside their arcade...one word "yuck!"

[Sinjin P.]

Sista, have you gone inside the 4D Discovery Theatre? May extra charge daw.

[sista]

hindi kasi pareho lang ang pinapakita nila eh. Pero yeah may extra charge, pati rin yun paintball at yun go cart

[rustyboi]

STAR STUDIO FOR CEBU CITY
Mayor says Bigfoot may build
sound stage in idle Reclamation
Dec. 27, 2005

Cebu City - a "film capital" in Asia?
That's one big dream of Mayor Tomas Osmeña, who said he is negotiating with Bigfoot Entertainment Inc. to locate its film studio in the idle South Road Properties (SRP).

Under pressure to make the sprawling reclaimed area financially viable, Osmeña earlier offered the site "for free" to the Provincial Government to build its P250-million Megadome in time for the ASEAN summit next year. The governor declined.

On Monday, Osmeña said the first tenant to build in the SRP (formerly South Reclamation Project) could be Bigfoot, an I.T. business solutions firm engaged in Web development.

Osmeña said he has been talking with Mike Gleissner, chairman of the board of the Bigfoot Group of Companies, who has been residing in Cebu for several years now.
He said Bigfoot management is considering a lease, with an option to buy, two hectares of the SRP (formerly South Reclamation Project) with an initial payment of P250 million.

That will reportedly accommodate two major "sound stages" that are very large movie studios, with tentative plans to build more of them in 10 hectares.

Mayor Osmeña, however, did not say when Bigfoot would close the deal.

Bigfoot recently opened a school in Lapu-Lapu City, the International Academy of Film and Television, which advertises itself globally to aspiring film makers as having "state-of-the-art production facilities, an acclaimed Hollywood faculty and a breathtaking beachside campus."

Osmeña said he learned that its plan to expand in Mactan has shifted to consider Cebu City's SRP.

The city government has been trying for years to attract local and foreign investors to the SRP, which is envisioned as a special processing zone providing 30,000 jobs.

A land ownership dispute with Talisay City, and lack of water and electric power utilities on site have hampered the offering.

Osmeña earlier vowed that SRP would bear fruit in a few months, and projected P2.5-billion in revenues from the sale of 29 hectares.

He said the land would be bid out by February 2006 - the deadline for the first of two P305-million debt payments for the Japanese-funded reclamation project.

A hectare of SRP land costs about P100 million.

FILM CAPITAL
Osmeña said Bigfoot's plan, if it proceeds to build in the SRP, would put Cebu City in the map as a film capital in Asia.

He said development plans for the SRP include hotels and first-class accommodations in the event that international artists come to Cebu to shoot films using Bigfoot's facilities.

Osmeña mentioned other dreams of an international yacht club in Kawit Island.

Next year, the city government will pay its biggest amortization - P610 million - for the SRP's 12.3-billion yen loan.

February 2006 is the deadline for the first of two P305-million debt repayments. The second installment is slated for August 2006.

The city finally obtained the title of the seven parcels of land in the controversial reclamation project, but this is only 200 hectares out of the 295-hectare property.

The city government received the special patent covering seven parcels of land in the SRP from Environment Secretary Michael Defensor.

[Sinjin P.]

OMG! I'm really so excited about these new developments! I just can't wait for
each of them to slowly sprout from the ground.

[rustyboi]

I lab yu Mike Gleissner!!! Pour more of your millions here in the Philippines! Lol

[Askal82]

Bigfoot, by the way was based in New York City. They transferred their operations all the way to Cebu City. I couldn't even believe myself that such a firm in the biggest financial center of the world went there. Here is the video:

http://video.google.com/videoplay?do...4553965&q=cebu

They are into animation, video and film studios.

[rustyboi]

So good to know that Askal! Wow!

and they're making their first film in Cebu for international release. Adam Sandler lang naman! they'll start shooting within year 2006.

[Askal82]

Adam Sandler!! Big star po yan. Cguro ni recommend sya ng friend nyang si Rob Schneider whose mom is hailed from Pangasinan. I think they are best buddies ever since they met in 'Saturday Night Live' , the comedy show.

[Sinjin P.]

With that, Cebu would surely open all of its doors to the world already.

[rustyboi]

Would you believe Mike Gleissner first came to Cebu as a tourist? he fell in love with the island so he started sneaking out a few of his company's operations from NY to Cebu City. the rest is history

I think all Adam Sandler movies have Rob Schneider cameo roles vice versa. they're bestfriends! hehe

[rustyboi]

Originally Posted by sinjin

With that, Cebu would surely open all of its doors to the world already.

thanks to our beloved Mayor Tom. idol!

[sugbuanon]

lets invite mike gleissner to this forum.. and sir tommy

[_zner_]

i hope no more crap proposals.... i want all of it to be u/c.... coz i really want to see cebu as the new metro manila!!

[sugbuanon]

relax..

[rustyboi]

Originally Posted by (((myx)))

i hope no more crap proposals.... i want all of it to be u/c.... coz i really want to see cebu as the new metro manila!!

you gotta be kiddin', not another Metro Manila!

[Askal82]

I like Metro Cebu to be a city of its own. It will be great if 2 big cities in the Philippines are known throughout the world.

Actually, my landlord whose a thai here in NY knows about Cebu City and I didn't say anything about it. He just told me that they just had a nice talk with his boss in the hotel (Waldorf of Astoria) about his vacation in Cebu. Who knows, there might be a demand on flights between NYC and Cebu in the future. Its becoming more popular with Americans.

[rustyboi]

Cebu firm to build more condo towers
Dec. 28, 2005

Two more towers will rise at the Fuente Towers Complex (formerly Osmeña Towers) along Osmeña Blvd., across the Fuente Osmeña rotunda.

J. King and Sons Co. Inc. (JKSCI) chairman Richard King said the firm plans to construct two residential and condominium towers in the area.

Each condominium unit will be pre-sold at P1.8 million, he said.

He told news reporters that the project is next in line to the completion and opening of the two towers: Fuente Tower 1, which houses the Club Ultima and condominium units and Fuente Tower 2, JKSCI’s 300-room deluxe Crown Regency Hotel.

One of the amenities to be offered to Club Ultima members is an aqua fitness pool, which is equipped with jets that massage the body. The pool also has a machine that produces current.

King said Fuente Tower 1 and 100 rooms of Crown Regency Hotel will be open in the first quarter of next year.

JKSCI also plans to construct another Crown Regency Hotel in Makati also in the first quarter of 2006. (JBN)

[jrevalde]

Is Gleissner married to a Cebuana?

[rustyboi]

Originally Posted by jrevalde

Is Gleissner married to a Cebuana?

hmm... good question. never thought of that. posible!

By the way, the article mentioned "Fuente Towers Complex". i believe it is the area where the Club Ultima towers are currently situated. Do you guys think the area is huge enough for two more towers? ArnoldSa also said during our SSC Meet that the "never-opened" hotel (Blue arrow on the photo) was supposedly part of the J King co.'s Club Ultima project. with the latest development we have, it seems that J King will pursue its plan to reopen the IKEA looking building. Did i say it correctly @ArnoldSa? Pls clarify this nalang hehe.


Please help me identify what's on the RED ARROW. is it part of the Fuente Towers Complex? Thanks!