Property developer and contractor Scheirman & Cruz Property Holdings Inc. (SCPHI) has branched out into condominium development after its successful forays in hotels and community malls, putting up a high-rise tower that will soon become a new landmark in Katipunan Ave. in Quezon City.
The project, One Katipunan Residences, is its maiden effort at high-rise property development, in a marketing partnership with Ecoglobal Development Corp. (EDC). SCPHI has been focusing on leasing and building community malls and hotels nationwide under the brand names Xentro Malls and Dreamwave Hotels, respectively.
EDC chief financial officer Aida Reyes said One Katipunan Residences will be built on a 636-square meter lot on the strategic part of Katipunan Ave., being at the corner of Aurora Boulevard and a few steps away from Ateneo de Manila University, Miriam College and the University of the Philippines.
Also a short distance away is the LRT-2 Katipunan Station, which runs from Santolan in Pasig City to C.M. Recto Ave., right into the premier “university belt” area of Manila. At the back of One Katipunan Residences is St. Bridget’s School, an exclusive school for girls.
Read more at The Philippines Star.