DOUBLEDRAGON Properties Corp. is determined to secure a green certification for its hotel development in Boracay, as it tapped a sustainability consultant for its application for the Leadership in Energy and Environmental Design (LEED) Gold certification.
In a statement Monday, the listed property developer said its hotel arm Hotel of Asia, Inc. (HOA) has engaged Barone International to be a consultant for its LEED Gold certification application for Hotel 101 Resort Boracay.
“In this day and age when most modern buildings are built to have customary green features, DoubleDragon looks to go a step further… With its 1,001 hotel rooms it is poised to become the largest truly green hotel in the Philippines.” DoubleDragon Chairman Edgar “Injap” J. Sia II said in the statement.
The eco-friendly resort sits on a beachfront cove in Boracay Newcoast, which also incorporated green initiatives such as “the use of electric jeepneys, solar-powered streetlamps, flood-free drainage systems, implementation of its own waste segregation program and having its own Material Recovery Facility (MRF) for waste recycling, and having its own Sewage Treatment Plant (STP) that converts used water for irrigation and fire reserve.”
An LEED certification measures a building’s sustainability based on several categories such as water efficiency, energy & atmosphere, materials & resources, indoor environmental quality and innovation.
The U.S. Green Building Council, which developed LEED, said in its website such certification could result to instant recognition for a building, faster lease up rates, higher resale value and brand enhancement, among others.
Hotel 101 is DoubleDragon’s hotel brand which currently has branches in Pasay City, Taguig City and Davao City. Mr. Sia said the company is envisioning Hotel 101 to contribute significantly to the company’s recurring income.
Shares in DoubleDragon fell 0.05 point or 0.25% to P20 each on Monday. — Denise A. Valdez