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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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