Mayor: Johndorf in CDO sits in new gateway

RIBBON-CUTTING. From left, Pag-ibig vice president Fermin Sta. Teresa, Cagayan de Oro City Mayor Oscar Moreno, and Johndorf Ventures Corp. president Richard Lim and executive vice president Norma Lim.

RIBBON-CUTTING. From left, Pag-ibig vice president Fermin Sta. Teresa, Cagayan de Oro City Mayor Oscar Moreno, and Johndorf Ventures Corp. president Richard Lim and executive vice president Norma Lim.

The development of Montierra, an upcoming townhouse community for the middle class in Cagayan de Oro City, came so timely with the expansion of the “New Gateway” to the capital of northern Mindanao from the south, said Mayor Oscar Moreno.

“The location is just perfect. The city is expanding in Lumbia (former airport) area, opening and widening the roads from central and southern Mindanao,” Moreno said during the launching of Montierra in Upper Balulang near Lumbia.

He told guests at the event that travelers, traders and commuting students and professionals from the south will soon easily pass through Lumbia from Lanao del Norte, Lanao del Sur, Cotabato, and from central and southern Bukidnon.

The mayor told the people behind Johndorf Ventures Corp. (JVC), developer of Montierra and various other residential projects in Cagayan de Oro, that “you are on the right track.”
JVC president and chief executive officer Richard Lim said he is happy to know that the company’s endeavors, particularly in Montierra, are in sync with where government is heading.

JVC opened the finished main gates of Montierra along with four model houses and the field sales office with Lim, executive vice president Norma Lim, and managing directors Frances Abegail and Frances Dominique Lim joining Moreno in the ceremonies.

It is located in Cagayan de Oro’s booming uptown district along the south diversion road that has become a better location for residences following the unforgettable experience at the onslaught of storm Sendong in December 2011.

“After Sendong, everybody wants to go uptown,” said Moreno. “UN (United Nations) Habitat considers Cagayan de Oro as one of the eight Emerging Cities in the World.” The UN program sent urban planners to coach city counterparts to develop the planned city expansion.

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