Mandani Bay is a waterfront, mixed-use development currently under construction on North Reclamation Area,
Mandaue
Mandaue (), officially the City of Mandaue (; ), is a Cities of the Philippines#Legal classification, highly urbanized city in the Central Visayas region of the Philippines. According to the 2020 census, it has a population of 364,116 people.
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, Philippines. The development takes its name from "Mandani", an old name for Mandaue, and "Bay" from its obvious waterfront location. This project is to be developed by HTLand Inc., a
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...
by Hong Kong–based
Hong Kong Land and Cebu-based Taft Properties, the
real estate arm of Vicsal Development Corporation, which also owns the
Metro Retail Stores Group
Metro Retail Stores Group Inc. (stylized as METRO Retail Stores Group Inc., shortly known as Metro Retail or Metro) is a retail company based in Mandaue, Cebu province, Cebu, Philippines.
According to a 2014 report by Euromonitor, Metro is the la ...
.
History
In June 2015,
Hong Kong Land and Taft Properties formally announced their intentions on developing a 20-hectare waterfront development,
to be called "Mandani Bay", "Mandani" coming from
Mandaue City's pre-
colonial name, and "Bay" from its obvious waterfront location. Though the project was announced in the middle of 2015, ground works started as early as February 2014, when the property location was fenced. The entire property is expected to be finished within "10 to 15 years" from 2016, when the first development within the property, the Mandani Bay Suites, was launched.
Construction progress
Construction of Mandani Bay, a waterfront mixed-use development located in North Reclamation Area, Mandaue City, Cebu, Philippines, has been progressing steadily since its announcement in 2015. The project is being developed by HTLand, Inc., a joint venture between Hong Kong–based Hong Kong Land and Cebu-based Taft Properties.
Groundwork for the development began in February 2014, when the property location was fenced. The first development within the property, the Mandani Bay Suites, was launched in 2016. Since then, significant strides have been made in the construction of various components of the project.
As of May 2023,
Mandani Bay is in an advanced stage of construction. The development encompasses a 20-hectare area.
See also
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Cebu Business Park
Cebu Business Park (CBP) is a 50-hectare master-planned development in Cebu City, Cebu, Philippines. Cebu Holdings, an affiliate of Ayala Land, is currently responsible for the development of Cebu Business Park. Integrating business, residential ...
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Cebu IT Park
The Cebu IT Park (formerly known as ''Asiatown IT Park'') is a business park in Cebu City, Philippines. The park is envisioned to attract locators in the information technology industry. It is developed by Cebu Property Ventures and Development ...
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South Road Properties
The South Road Properties (SRP), also known as the South Reclamation Project, is a land reclamation, reclamation area in Cebu City, Philippines. The area, which is reclaimed from Mactan Channel, is located off the coast of the Cebu City's 2nd ...
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The Mactan Newtown
References
External links
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Planned communities in the Philippines
Entertainment districts in the Philippines
Redeveloped ports and waterfronts in the Philippines
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