LOCAL property development firm CDC Holdings Inc. targets to open its Citadines-branded serviced apartments in Ortigas by February next year, a company official said.
“We’re targeting to open by first quarter of next year the Citadines Millennium Ortigas,” Glenn Magalang, residence manager of Citadines Millennium Ortigas, told reporters in a recent interview.
Citadines Millennium Ortigas is the serviced residences component within a 32-storey mixed-use development at the Ortigas Center.
Carrying the Citadines brand, the project will be managed by international group Ascott Limited. Citadines is part of the Ascott group’s brands, along with Somerset and Ascott.
Apart from the serviced residences, the Ortigas mixed-use development also features a private residences component named CDC Millennium Ortigas.
In a recent interview, CDC Holdings president and chief executive officer Melesa Chua told reporters that despite CDC Millennium Ortigas and Citadines Millennium Ortigas being in the same mixed-use complex, the two projects will be operating separately.
“Ang maganda sa concept ng building [What is beautiful with the concept of the building is], everything is in twos — like two separate entrances two lobbies, two swimming pools, two lounges — to keep the privacy,” Chua said.
Magalang said it will take the company longer to open the Citadines development compared to the private residences component because of the additional requirements in running a hotel.
“Kasi mas maraming requirements sa hotel side kaysa sa [Because there are more requirements on the hotel side than on the] condo side. Sa [For a] hotel, it’s furnished, we cannot operate it if it’s not fully functional with everything inside the room,” Magalang said.
Chua said they need to run final testing for the Citadines component before opening it to the market.
“Kailangan bago ka magbukas [Before opening], they have to do the final testing, which we are targeting by middle of January. Then magda-dry run na, magta-trial na ‘yan [Then they will do a dry run, a trial run],” Chua said.