Horizons 101

Horizons 101
General information
Status Tower 1: Completed
Tower 2: Under construction
Type Residential
Construction started 2012
Completed 2016 (Tower 1)
2018 (Tower 2; estimated)
Height

185 meters (607 ft) (Tower 1)

167 meters (548 ft) (Tower 2)
Technical details
Floor count 55 (Tower 1)
46 (Tower 2)
Design and construction
Developer Taft Properties
Main contractor DDT Konstract
References
[1][2]

The Horizons 101 is a condominium complex under-construction in Cebu City. The Tower 1 of the two-tower complex is the tallest building in Cebu City.[1]

Construction

Plans to construct Horizons 101 was reported as early as May 2011. Taft Property Venture Development Corp. of the Gaisanos announced its first condominium project. At that time, the construction of Tower 1 is already green-lit and scheduled for May 16, 2015 with the construction of Tower 2 still pending. The firm was still awaiting the sales performance of Tower 1 before pushing through with the construction of the second tower.[3] Excavation works were commenced in January 2012.[4] DDT Konstract was tasked as the project's general contractor.[5]

In April 10, 2012, a retention wall at the site's perimeter collapse which affected ten nearby houses. This led to the issuance of a cease and desist order which was later lifted by early July 2012.[5]

3.6 billion was spent for Horizons 101 by December 2015. In the same period construction for Tower 2 had already began with scheduled turnover of units in mid-2017. Plans for a third tower, a BPO component was also announced.[1]

References

  1. 1 2 3 Mondonedo-Ynoy, Laureen (9 December 2015). "Horizons 101 Tower 1 sold out; Tower 2 in full swing". Sun Star Cebu. Retrieved 13 December 2016.
  2. ↑ "Horizons 101 Tower 1". The Skyscraper Center. Council on Tall Buildings and Urban Habitat. Retrieved 13 December 2016.
  3. ↑ Villamor, Marites (12 May 2011). "Gaisano unit to build its first high-rise in Cebu worth P1.7B". Business World. Retrieved 13 December 2016.
  4. ↑ Agua, Jessa; Garcia-Yap, Aileen (19 April 2012). "Developer cited for violating ECC requirements". Cebu Daily News. Philippine Daily Inquirer. Retrieved 13 December 2016.
  5. 1 2 Agua, Jessa (28 July 2012). "Work on Horizons 101 condo resumes". Cebu Daily News. Philippine Daily Inquirer. Retrieved 13 December 2016.

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