Deal signed on ₱12-B Clark mountain resort

Published October 28, 2019, 12:00 AM

by manilabulletin_admin

By Bernie Cahiles-Magkilat

The Widus Group (Widus) and the Bases Conversion Development Authority (BCDA) have signed a lease agreement for the development of a sprawling 450 hectares of land in New Clark City into a luxury mountain resort with ₱12 billion in committed investments.

widus-bcda

Among the establishments to be established in the planned luxury mountain resort to be called Hann Lux are global hospitality brands such as the Banyan Tree Hotel, Angsana Hotel, Westin and Luxury Collection by Marriott.

Phase 1 of the leisure resort shall include the development of Angsana Hotel and the Banyan Tree Hotel—a leading global hospitality group that is rooted in its ethos of sustainability “Embracing the Environment, Empowering People” for sustainable tourism development; an 18-hole championship golf course, and a clubhouse.

For Phase 1, Widus has committed to invest ₱5 billion and complete its development in five years.

Meanwhile, Phase 2 includes the development of Westin and Luxury Collection by Marriott, two 18-hole championship golf courses, outdoor recreation facilities, premium villas and residences, a mixed-use commercial center, and a 10-hectare public park for a total investment of ₱7 billion.

Dae Sik Han, President and CEO of Hann Development Corporation, a member of the Widus Consortium, expressed his optimism for this venture and hopes it will draw even more visitors to New Clark City.

“Clark is fast becoming one of the top destinations in Northern Luzon for both tourists and investors. We hope to attract more with the development of a new leisure resort in New Clark City, one that is in keeping with the vision of BCDA,” Han said.

“We’re fortunate to partner with the Widus Group for this new leisure attraction as they share with us the vision for New Clark City to be green, resilient, and sustainable. Part of the agreement is the use of nature and Filipino-inspired architecture for the luxury mountain resort to showcase local culture and tradition which the Hann Group is known for,” BCDA President and CEO Vince Dizon said.

Located 100 kilometers north of Metro Manila, New Clark City is a 9,450-hectare development envisioned to decongest the capital. It will feature smart technologies and mixed-use developments including a world-class government center, sports hub for national athletes, and educational centers. Phase 1A of New Clark City is 99 percent completed and houses the new Athletics Stadium and Aquatics Center which are ready for this year’s 30th SouthEast Asian Games.

Widus is the owner and developer of the Widus Hotel & Casino and the Clark Marriott Hotel.

 
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