Property developer Cebu Landmasters Inc. is bolstering its leisure and hospitality portfolio with the launch of a 21-hectare mountain resort in Balamban, Cebu.
The project, called Magsaysay Peak Resort and Villas, is a joint venture between CLI and MagsPeak Nature Park Inc. composed of Cebuano businessmen Bob Gothong, Segundino Selma Jr., Richard Ray King and Douglas Gacasan.
Under the plan, CLI’s hospitality arm will build 13 exclusive mountain villas and 20 hotel rooms within the resort. It will also offer amenities including clubhouse, infinity pools, a farm-to-table restaurant and eco-friendly and outdoor programs such as hiking trails, camping facilities and other child-friendly activities.
“We believe MagsPeak will further enhance the variety of tourist attractions in Cebu and the Visayas. It is our way of strategically anticipating the rebound of tourism in our country and also providing a sanctuary for those seeking spiritual retreat,” CLI chairman and chief executive Jose Soberano III said.
CLI said the resort, which is set to open in 2025, was designed to create a holistic mountain experience for visitors with an outdoor, religious and hospitality component and built with sustainability at its core.
“With sustainability integral to its development, MagsPeak showcases eco-friendly initiatives and outdoor programs such as hiking trails, camping facilities, and other child-friendly activities surrounded by nature,” CLI said.
CLI said it integrated environmental conservation and sustainability features in the project’s master plan through tree reforestation programs such as planting thousands of endemic trees prior to construction activities and a solar-powered water retention system promoting a sustainable and responsible development.
MagsPeak will have a 42-kilometer pilgrim trail, traversing the mountainside of Manunggal Balamban, going down to the municipality of Compostela whose patron is St. James the Apostle.
The latest project is expected to boost CLI’s pipeline of hospitality projects which include 10 hotels and resorts in the Visayas and Mindanao with more than 1,700 room keys upon completion.