Nexus Real Estate Corp. will build a mid-rise condominium complex in Talisay City, its first vertical project.
Amandari, the 8th project of Nexus in its eight years of operation, will feature five residential buildings, a commercial strip and amenities, including a 1.5-kilometer jogging trail, an adventure park, organic gardens and an infinity pool within a 2.9-hectare property.
“We spent almost two years designing this. We wanted to go with something that we have not done before,” Nexus chief executive officer Shanna Louise Lopez said during the groundbreaking and blessing ceremonies yesterday.
She said Amandari will be eco-conscious, with the buildings occupying only about 30 percent of the total land area. The rest will be dedicated to green developments. The trees that dot the property will remain.
Lopez said they were also considering solar power to augment natural lighting as well as a water catchment basin. Nexus will also maximize natural ventilation to conserve energy.
Manny Roleda, Nexus vice president, said about 70 percent of the 153 units in the first building have been sold. Antara is an 8-story tower and is scheduled for construction in the first quarter of 2016. It will be turned over to homeowners by the last quarter of 2018, Lopez said.
Antara features four unit types: studio for P1.3 million; 1-bedroom unit for P1.8 million to P2.1 million; and 2-bedroom unit for P2.8 million.
The 1,800-square-meter commercial strip is also targeted to be completed alongside Antara. It will feature a mini-grocery, pharmacy, water refilling station, laundromat, restaurant, loading and bills payment station, souvenir shop, salon and coffee shop.
Development of the entire area is expected to be completed within the next five to six years.