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Seares: We didn't know or we just forgot: 1. Noah's on land owned by Cebu City, which wants to keep on using it. 2. Capitol now uses CCQC site, city-owned before, to assail land swap.


Tale of 2 quarantine sites
WDK/WJF: NOAH S LAND. Three hectares of land at South Road Properties where Noha, one of Cebu City s quarantine center, has been located, are still owned by the City Government.
The lot was leased by Bigfoot Global Solutions, owner of Bigfoot Studios, in 2007 for 25 years, meaning the lease wouldn t expire until 2032. It was not disclosed how much rent Bigfoot has been paying; only the fact that it was expected to pay in advance P25 million in rent.
Whatever the exact rent, it must have been not stiff since Bigfoot promised huge development in the area that would ve boosted the SRP value, increased city tax incomes and created thousands of jobs. It promised a 15-hectare development, including a mega yacht club, an all-in-one leisure and commercial facility. The leased three-hectare was just initially a sound stage for its film and television academy expansion. All that prospect of business, plus the fact that the Bigfoot owner and then mayo ....

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EXPLAINER: Councilors didn't know Carbon market will be torn down, moved to Freedom Park, which confirms they didn't read JVA before approval. Megawide grants 9 of 10 vendor issues.


SunStar
CEBU
EXPLAINER: Councilors didn t know Carbon market will be torn down, moved to Freedom Park, which confirms they didn t read JVA before approval. Megawide grants 9 of 10 vendor issues.
SunStar File/Google Maps
March 16, 2021
CEBU City Councilor Eugenio Gabuya did not know that Units 1, 2 and 3 of the existing Carbon Market will be demolished and replaced with commercial hubs of Megawide Construction Corp., the developer that committed P5.5 billion to modernize the market.
He was clueless about the change until he asked Megawide during a special session of the City Council last Monday, March 15. This fact took time to sink in: the old Carbon would no longer be where they stand now. They would be replaced with other Megawide commercial buildings. Vendors will be moved to a new structure at the Freedom Park and Warwick Barracks area. ....

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