Heerim Wins $5.81 Million Design and CM Contract for Mixed-Use Residential and Commercial Facility in Cebu, Philippines

Perspective rendering of the mixed-use complex in Cordova City, Cebu, Philippines (Provided by Heerim Architects & Planners)

[Asia Economy Reporter Lee Chun-hee] Heerim Architects & Planners has successfully secured both the design and CM (Construction Management) contracts for a mixed-use residential and commercial facility located in Cordova City, Cebu, Philippines. The contract value amounts to 5.81 million USD (7.1 billion KRW).

Heerim announced on the 18th that it won the design and CM service contracts for the Cebu Cordova City mixed-use development project from the client JOIL C&C INC. This project involves constructing a mixed-use facility with a total floor area of 113,138㎡ and 12 floors above ground, including residential and neighborhood living facilities, on a site of 49,863㎡ located in Cordova City.

Heerim succeeded in winning this contract based on its global brand recognition, design expertise, and CM know-how. Heerim’s combined design and CM service, called DCM service, is recognized for improving quality while shortening construction periods and reducing costs, leading a new paradigm in the overseas architectural market.

A Heerim official stated, "As our first contract in Cordova City, the second largest city in the Philippines, which is a representative tourist destination with high future development potential, we expect additional orders related to nearby area development." He added, "This luxury mixed-use residential and commercial building, considering Cordova City’s beautiful natural scenery, will become a new landmark of Cordova City."

This content was produced with the assistance of AI translation services.