Work on Horizons 101 set to resume soon: firm

Tuesday, July 31, 2012

AFTER a slight delay brought about by the collapse of a retaining wall on the project site, construction of the Horizons 101 residential condominium is set to resume as real estate developer Taft Property Ventures Development Corp. and contractor DDT Konstract Inc. signed the contract to build what is expected to be Cebus tallest twin towers.

The synergy of Taft Property and DDT Konstract will further characterize Cebus skyline to become what a truly world-class city should be. Horizons 101 is just the beginning in building new horizons, said Taft Property chief operating officer Manuel Colayco.

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Cave-in

Construction of the project was halted last April after part of a retaining wall in an excavation caved in, affecting about 10 homes. Repairs were made on the retaining wall and to some homes affected by the cave in.

Following the lifting of the cease and desist order two weeks ago, officials of the project assured that the slight delay did not affect the expected date of completion and that the first tower will be done by 2015.

The company chose DDT Konstract to build the towers. The firm built several other buildings such as the Lexmark tower at the Cebu Business Park, eBloc building at the Cebu IT Park and the SM City Consolacion. The contactor was also behind the construction of the temple of the Church of the Latter Day Saints in Lahug and is erecting towers for Globe Telecom at the Bonifacio Global City in Taguig and Banco de Oro at Ortigas Center in Mandaluyong.

DDT chairman and president Danilo Tamayo said they will use the latest in technology in constructing the building, including pre-cast technology, wherein concrete is cast into a reusable mold and then brought to a construction site and put into place.

Free from leaks

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Work on Horizons 101 set to resume soon: firm