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Cagayan de Oro
Thursday, April 25, 2024

Italpinas unveils P2.38 Billion Parco Italia perspective, aerial view

by JOEL C. ESCOL, Managing Editor

A forthcoming urban endeavor inspired by the charm of VERONA is set to grace the Gusa district.

Building on the success of IDC Homes’ acclaimed and swiftly sold-out VERONA at Uptown CDO, a new iteration will now find its home in the Gusa area of Cagayan de Oro City. This innovative walk-up development is designed to cater to diverse preferences, lifestyles, and budgets. Encompassing an expansive 43,198 square meters, the project represents a substantial P2.38 Billion investment.

Beyond its strategic location and the fusion of Italian-Filipino excellence, this venture will prominently feature IDC’s distinctive brand, #LivingByDesign. Infused with biophilic elements, the development goes beyond mere aesthetics, prioritizing enhancements to natural ventilation, lighting, and noise-pollution filtration. Harnessing the sun’s energy through solar technology further underscores its commitment to sustainability.

Remarkably, over 60% of the total buildable land area is dedicated to lush greenery, public spaces, and amenities, including a swimming pool, park, playground, public transport parking, and sports court.

This upcoming development epitomizes a strategic, intelligent, stylish, and sustainable approach at its core. Stay tuned for more updates and forthcoming projects in the pipeline! #LivingByDesign

Architect Romolo Nati, Chairman and CEO of Italpinas Development Corporation (IDC), recently unveiled the precise location of PARCO ITALIA. This forthcoming P2.38-billion mixed-use development spans 4.3 hectares and is situated in Gusa, Cagayan de Oro City. The project comprises a cluster of 4-storey walk-up apartment buildings, totaling approximately 1,670 affordable units. The specific area is in the vicinity of Purok 3, San Miguel, Gusa, close to the ongoing construction of the CDO Eastern Interior Diversion Road (JR Borja Extension).

Arch. Nati disclosed this information during IDC’s Mid-year Thanksgiving Celebration on October 2 at Mallberry Suites Hotel. According to his presentation, Parco Italia will boast a Gross Floor Area of 72,410 sqm and a Saleable Area of 44,106 sqm.

Notably, Parco Italia will be under the Verona brand, following the success of Verona Green Residences, a low-rise walk-up condo development located in Upper Balulang, Cagayan de Oro City.

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