Quantcast
Article Index |Advertise | Mobile | RSS | Wireless | Newsletter | Archive | Corrections | Syndication | Contact us | About Us
Cebu Daily News
SEARCH WEB INQUIRER Powered by: Google
Sun, Nov 23, 2008 06:59 AM Philippines      25°C to 33°C
  HOME       NEWS     SPORTS     SHOWBIZ AND STYLE      TECHNOLOGY     BUSINESS     OPINION      GLOBAL NATION    SERVICES
 
  Breaking News :    
Advertisement
Megaworld
BPINOY

INQUIRER ALERT
Get the free INQUIRER newsletter
Enter your email address:

 
Cebu Daily News / News Type Size: (+) (-)
You are here: Home > Global Nation > Cebu Daily News > News

  ARTICLE SERVICES      
     Reprint this article     Print this article  
    Send as an e-mail     Send Feedback  
    Comment on this article on our Vox Populi blog  

  RELATED STORIES  




imns



Osmeña eyes lighthouse in SRP

By Doris C. Bongcac
Cebu Daily News
First Posted 08:33:00 02/03/2008

Cebu City Mayor Tomas Osmeña said he plans to build a lighthouse off the coast of the South Road Properties (SRP) as new landmark with the lower portion used as a worship area for Muslims.

“It will have to look very Cebuano... It will not be an eyesore,” Osmeña said.
“We need to create an icon for Cebu. We should stop using the Fuente Osmeña or the Magellan’s Cross.”

The mayor did not mention any project cost or timetable, but said plans will have to wait till he has proceeds from the sale of SRP lots.

He said the structure could replace an old lighthouse in Kawit Island near the SRP.

The upper portion can function as a light beacon and safeguard the pond F area, which is located on the seafront where the SRP’s choice lots are located, he said.

The mayor said he preferred a design that combines the famous Pharos lighthouse in Alexandria and a Muslim mosque.

He said at least P50 million is needed to build a causeway or road to connect the lighthouse to Kawit Island.

Since the base of the structure will be used for a mosque, he encouraged the local Muslim community to chip in.

Negotiations are in progress with at least three big real estate firms who have expressed interest to buy or lease reclaimed land in the SRP.

He said there would be “more concrete” output by next month after he clarifes their concerns since they all were eyeing roadside lots.

“If we sell all the roadside properties, what will happen to the interior lots?” he said.

Joel Mari Yu of the Cebu Investment Promotions Center (CIPC), marketing arm of the SRP, said one company plans to acquire a 17-hectare lot for a two-story mall.

Another firm will develop an information technology complex that will integrate in its plan a research laboratory and IT academy while the third company wants to set up a retirement facility, condominiums and an entertainment center.

Yu said the most expensive SRP lots are found in Pond F. They cost P15,000 per square meter or P150 million per hectare.

The other lots are priced at least P11,000 per square meter, he said.


To subscribe to the Cebu Daily News newspaper, call +63 2 (032) 233-6046 for Metro Manila and Metro Cebu or email your subscription request here.


Copyright 2008 Cebu Daily News. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



Share

RELATED STORIES:

OTHER STORIES:



  ^ Back to top

© Copyright 2001-2008 INQUIRER.net, An INQUIRER Company

The INQUIRER Network: HOME | NEWS | SPORTS | SHOWBIZ & STYLE | TECHNOLOGY | BUSINESS | OPINION | GLOBAL NATION | Site Map
Services: Advertise | Buy Content | Wireless | Newsletter | Low Graphics | Search / Archive | Article Index | Contact us
The INQUIRER Company: About the Inquirer | User Agreement | Link Policy | Privacy Policy

Advertisement
103.5 Max FM
Y101 Radio
Mind and Body
Jobmarket Online