A new tourism development is coming to the Philipines. Panglao Shores, located on the island of Bohol, will be developed by Alturas Group and will comprise a 50-hectare mixed-use project showcasing sustainability, community and local culture.
The $477-million project will be a low-density, mixed-use development, created for domestic and international travelers. Plans call for six hotels and resorts, nearly four hectares of retail and commercial space, over 1,000 residential units and an international medical facility. Conceived by Panglao Bay Premiere Parks & Resorts Corp., a subsidiary of Alturas Group of Companies, the project is located on the southern coast of Panglao, just off the coast of Bohol, and is a flagship project under the Tourism Infrastructure & Enterprise Zone Authority.
At the heart of the project is the Town Square Retail Mall & Night Market, an indoor-outdoor hub of shopping, dining and entertainment with live performance areas, garden walkways and courtyards. This will be surrounded by facilities and amenities, including commercial and retail, residential villages, a convention center, co-working spaces, international hotels and resorts, and a beach club.
International eco-building standards and materials have been incorporated throughout, such as high-performance glass, natural ventilation and solar harvesting, along with smart technologies, electric transport, water treatment, waste reduction, and the elimination of single-use plastics. Local vendors are supported to sell crafts, native farmers and fishing communities have been built into the supply chain, children’s education is supported and coral reefs are protected.
Construction of the 188-room South Palms Resort is underway with Phase 1 completion scheduled in 2024.
For more information, visit www.panglaoshores.com.