IDC™ CELEBRATES 10 YEARS OF BUILDING SUSTAINABLE PROPERTIES FOCUSED ON EMERGING CITIES IN THE PHILIPPINES
In 2009, Romolo V. Nati, an award-winning Italian Architect with experience across Europe in design, real estate, and property development, came to the Philippines and met Jose (Jojo) D. Leviste III, an accomplished Filipino lawyer whose education and work experience was garnered in the Philippines, United States, and Australia.
Both sharing the same passion for promoting sustainable development in the Philippines and with the support of Dr. Jose P. Leviste Jr., a seasoned renewable energy entrepreneur, corporate social responsibility advocate, and sustainable mining investor, they established Italpinas Euroasian Design and Eco-development Corporation (ITPI) which later became Italpinas Development Corporation (IDC).
IDC™ is committed to environmental sustainability through elegant architectural solutions and trademark contemporary Italian aesthetic. Its focus is on hyper-prospective emerging cities and other next-wave locations in the Philippines. With its unique design philosophy, IDC is committed to sustainable developments in harmony with the environment to bring value to investors, end-users, and the community.
All of IDC's real estate developments are the product of unique architectural design and innovation which utilizes technology and software able to integrate various parameters such as weather conditions, financial requirements, functional needs, etc. with the goal of finding the best possible combination of all these elements in various degrees. The final design result represents the best possible solution (based on the given data).
Its backbone process is on performance-based design which selects the optimal design out of the infinite number of possible combinations and permutations. In practice, since building sustainability and performance is achieved through selection of best design, the final product is reasonably priced. This is an important objective of IDC’s innovation and research: the democratization of quality and sustainability in the real estate market.
In the Philippine context, where 60% of the power consumption is for air conditioning and cooling, one main goal of IDC’s sustainable designs is to reduce the indoor temperature. Increasing natural ventilation and reducing the direct sun projections on the windows (without compromising natural light) is the main task in reducing power consumption. The conservation of water and the reduction of the overall environmental impact during construction and for the entire life of the project are also important targets that the Company achieves through these approaches
Although IDC is a young company, its projects have been recognized by prestigious national and international organizations:
IDC’s debut project, Primavera Residences, commenced construction in June 2010. The complex consists of twin mid-rise mixed-use green buildings, the first of which was completed in August, 2012. The second tower was completed in December 2015 and turned over to buyers.
Primavera Residences in May 2014 won the Best Mixed-Use Development in the Philippines Award given by the International Property Awards in Kuala Lumpur. It was also highly commended as one of the Best Condo Developments in the Philippines at the 2011 Southeast Asia Property Awards (SEAPA) held in Singapore in November 2011, and was awarded a Recognition Certificate as a finalist and one of the “most promising clean energy investment opportunities” during the Climate Technology Initiative Private Financing Advisory Network (CTI PFAN) Philippine Clean Energy Investment Forum in Manila on June 21, 2010.
Primavera City, IDC’s second sustainable mixed-use condominium project in Cagayan de Oro City, is a complex of residential and commercial units composed of seven buildings to be developed in four (4) phases within the period of 2017 to 2024, with passive and active green features, utilizing a massive solar panel array at the building’s rooftop.
The project received, once again, the award from the Climate Technology Initiative Private Financing Advisory Network (CTI PFAN), whose funding partners include the Asian Development Bank (ADB) and the United States Agency for International Development (USAID), as among the top ten “most promising clean energy investment opportunities” projects in a competition held in Singapore on February 22, 2013. Primavera City is also under accreditation by EDGE (Excellence in Design for Greater Efficiency) the Green Building Rating System developed by IFC (the International Financial Corporation from the World Bank Group).
The Company third and latest project, Miramonti Green Residences, a high-rise mixed-use green building located in Sto. Tomas, Batangas in the Luzon region, has recently garnered the prestigious Asia Property Awards 2019-2020 by The International Property Awards as it won in the category of Mixed-use Development, for Philippines.
The project was also awarded Best Innovation Project of the year by Lamudi-Outlook Property Award 2018, organized by the top Philippine real estate portal Lamudito recognize the esteemed real estate developers and projects that made the biggest impact in the local real estate industry in 2018. The master plan development is envisioned as a “green” community of three mixed-use buildings consisting of 21 floors each with commercial, office, retail and residential components to be developed in 2 different phases.
IDC™continues to push forward and introduce continuous product innovation that changes the landscape of real estate in the Philippines as it continues to commit itself in building sustainable communities through its performance based architectural design solutions and trademark contemporary Italian aesthetic.