Leading developer in VisMin Cebu Landmasters, Inc. (CLI) started construction of a P1.5 billion premier residential tower in Iloilo City prodded by strong economic prospects in the region. Terranza Residences is a partnership with International Builders Corporation (IBC) under joint venture vehicle GGTT Realty. Expected to be completed in 2025, the project is already 75% sold and is projected to earn revenues of P2.4 billion. Leading developer in Vismin Cebu Landmasters, Inc. (CLI) continues to expand its foothold in key cities in VisMin and broke ground today on the Php 1.4 billion Terranza Residences in Iloilo City, its second project in Panay and the first in partnership with International Builders Corporation (IBC) under joint venture GGTT Realty. The photo above is an architect’s perspective of the 33-storey tower. CLI has been named developer and manager of the premier residential development, while IBC will build and manage the retail complex to complement the residen...
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