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Manila Bulletin devider Business devider Rockwell pursues joint ventures in Bacolod, Cebu

Rockwell pursues joint ventures in Bacolod, Cebu

Published Apr 22, 2022 03:44 pm

Rockwell Land Corporation and its joint venture partners have topped-off One Nara, the first residential tower of Nara Residences by Rockwell in Bacolod.

Nara Residences is Rockwell’s first development in Bacolod, and offers a range of studio to three-bedroom condominium units and residential lots. Residents will also enjoy its mix of lifestyle amenities, retail areas, and 80 percent of open spaces.

(L-R) Rockwell Bacolod Project Head for Sales Mars Lopez, Rockwell Bacolod Project Director Kendrick Ong, Rockwell Land President and CEO Nestor J. Padilla, Rockwell Bacolod Partner Anne Tongoy, AC Tajanlangit Construction President Allyna Tajanlangit

The finishing of its first residential tower’s structure brings it closer to completion, with turnover of One Nara set for 2023. The project is being done in partnership with Juan D. Nepomuceno Realty Group.

To further bring the brand’s signature experience to the region, Rockwell will soon be launching Rockwell Center Bacolod.

The project is set to be replete with residential, commercial, office, retail, and leisure components, spanning 30-hectares—nearly twice the size of Rockwell’s flagship development in Makati City.

Marking its beginnings will be the Rockwell Business Park, with its first phase offering commercial lots for sale.

Rockwell IPI JV signing(L-R) IPI Independent Director Vincent P. Ozaraga, Rockwell Land SVP for Business Development Davy Tan, IPI Board Member Leslie Anne C. Aliman, Rockwell Land President and CEO Nestor J. Padilla, Rockwell Land Chairman Amb. Manuel M. Lopez, IPI President Pio B. Castillo Jr., IPI EVP and Treasurer Dennis B. Wong, IPI Board Member John F. Wong, and Rockwell Land SVP and Treasurer Mike L. Lopez.

In Cebu, the brand likewise expands its presence through the signing of a joint venture with International Pharmaceuticals Inc.

The partnership is set to build a mixed-use property with residential, office, and retail components in what was formerly the site of the IPI headquarters along Pope John Paul II Avenue.

This marks Rockwell’s third property in Cebu, and will cater to the central location’s diverse market.

Having created a solid foundation in Luzon, Rockwell strengthens its foothold in the Visayan region with more thoughtfully-curated communities.

These developments are steadily taking shape, as a distinct Rockwell lifestyle in Visayas comes to fruition.

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