DAVAO CITY — Newly-opened Lyceum of the Philippines University-Davao has asked the city government to reclassify its area into a major commercial sub-zone from a medium density residential sub-zone.
In a document it submitted to the City Council Committee on Housing and Subdivision (High-End Projects), the university, which opened in June, said it is imperative that the classification of its 166,512-square-meter area be changed as it is planning to develop the property into a mixed-use site.
Based on the proposed project, aside from the school component, the plan is to put up a residential condominium, office, a hotel, a convention center and other commercial structures.
The document said the site which will be developed by Cebu Landmasters, Inc. (CLI), will also contain a “greening project” as about a fifth of the entire area will be green spaces.
The school is within an area where the classification is medium density residential sub-zone as there are big subdivisions nearby.
The document said a traffic impact assessment is also ongoing for the proposed projects as there are also power lines and water connections in the area.
In a disclosure to the Philippine Stock Exchange in May 2018, publicly-listed CLI said it has partnered with the university to turn the area into a modern township which will be called LPU Town.
Based on the disclosure, about five hectares of the area will be devoted to the campus of the university which will have a resource center, a swimming pool, dormitories, maritime center and a football field. — C.Q. Francisco