by VG Cabuag, Business Mirror
ANTONIO-LED precast firm Revolution Precrafted Inc. has entered a preliminary agreement with Australia’s Lifestyle Village Trust No. 2 for the supply of residential prefab building components in an upscale lifestyle village resort at River Heads (near Hervey Bay) in the State of Queensland, in the Australian northeast.
“Australia has always been a priority market for the company given the high usage of prefab structures in the continent. We are happy to be finally doing a project here. The fact that it is a lifestyle resort development only adds to our excitement. We are confident that our prices would be very competitive,” said Jose Roberto Antonio, the company’s founder and CEO.
Lifestyle Village is 40 percent owned by Sabina Corp. Ltd. and managed by G8 Consultants Pty. Ltd. as project developer.
“We are extremely pleased to be working with Revolution Precrafted and we are eager to find out if the prefab packages can be made to work for us on this development. We believe Antonio’s entrepreneurial flare and global expertise can also provide invaluable input to our project team,” said Peter Chen, chairman of the Sabina group. Australia becomes the 26th international market for Revolution Precrafted. Last week it announced it would be producing medical pop-up centers in Zimbabwe.
The Australian project requires Revolution to codesign and supply 53 single residences measuring between 80 square meters and 160 square meters each. These range from two to four bedroom “dual-key” residences.
The parties have agreed on a due diligence period to finalize the acceptance and agreement by the two of the final design and contract price. Aside from the resort residences, Revolution will also codesign and supply 18 studio apartments, restaurant and resort facilities and a motel complex.
Situated on a 12.45-hectare land, the Alibaba Lifestyle Village Resort complex is envisioned to be the first of its kind in Australia as it caters to both short-stay visitors and long-term residents in a very unique and friendly environment.