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Filinvest starts work on Il Corso in Cebu

Imagine a strip of land dotted with retail shops, boutiques, bars, cafes and restaurants. Shaded walkways and landscaped gardens allow people to walk along the 11 connected buildings that can be found all throughout its length.

The whole stretch has a view of the sea on one side. At the far end is built a marina for boating and aqua-sports activities. Some distance out to sea but connected to the mainland is a functional lighthouse that will serve to aid sea vessels going by the area.

This is how Filinvest Land, Inc. (FLI) envisions its commercial and lifestyle strip at South Road Properties (SRP) called Il Corso when it opens by the last quarter of 2015.

According to FLI senior vice president for commercial center and retail management Joy Polloso, Il Corso will be the ultimate shopping and lifestyle destination in Cebu.

il corso cebu
An artist’s rendition of Filinvest Land’s commercial and lifestyle strip Il Corso that it plans to open by late 2015.

Il Corso – which is Italian for “the way” – will be a convergence area for family, friends, shoppers, business people, and fitness enthusiasts, she added.

The eight-hectare development, which is part of Filinvest Land’s 50-hectare master-planned community in SRP called Citta de Mare, will set aside spaces for jogging and biking. Across the road from Il Corso will rise FLI’s resort-themed residential town anchored by the Piazza, an Italian-inspired common amenity area.

Filinvest held its first concrete pouring last week to mark the start of construction work on Il Corso. A ceremonial unveiling of the Il Corso lighthouse logo also happened on the same day.

il corso cebu unveiling
Filinvest Group president and CEO Josephine Yap (2nd from R) leads the Il Corso ceremonial unveiling at SRP in Cebu City. (Photo courtesy of Humility Igaña)

A short presentation on Filinvest’s first foray into retail development showed that located in the middle of its Il Corso strip will be a central plaza with a fountain and a vantage view of the sea that can be used for big productions or intimate events.

A major feature, it added, will be a 1,000-seater amphitheater.

“Filinvest is committed to enhancing the development of the Cebu community and enhancing the lifestyle of the Cebuanos” through Il Corso, said Polloso.

Il Corso, according to her, totals 70,000 square meters in floor area but only 36,000 square meters will serve as gross leasable area. The complex will be able to accommodate around 300 establishments that will provide a dynamic array of brands in retail, dining, as well as health and wellness.

Polloso said Filinvest is spending P3 billion for the whole Il Corso development.

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By Marlen Limpag

Marlen is the editor of MyCebu.ph and co-founder of Cebu-based journalism startup InnoPub Media.