South Road Properties
| Location | Cebu City, Philippines |
|---|---|
| Construction started | 1999 |
| Completed | 2005 |
| Size | 300 ha |
| Developer | Philippine Reclamation Authority |
| Owner | Cebu City Government |
| Website | Philippine Reclamation Authority |
The South Road Properties (SRP) is the name of a 300 hectare island-type reclamation area located on the southern area of Cebu City, near Barangays Mambaling, Inayawan, and Pasil. It spans from the shore of mainland Cebu to Kawit Island (now Kawit Point). It is connected from mainland Cebu by the Cebu South Coastal Road and the Mambaling Access Road.
Then-Cebu City mayor Tomas Osmeña proposed reclaiming the sea between mainland Cebu City and Kawit Island, a former quarantine facility during the American rule. The project was approved in 1990 as a part of the Metro Cebu Development Project. It was originally envisioned to house light industries but eventually evolved into a mixed-used development.
SRP's most popular development is the SM Seaside City Cebu complex. The whole development takes up a total of 30 hectares, about 10% of the SRP. The complex features the SM Seaside Mall, an observation tower, a convention center, an arena, a marine theme park, a school, a hospital, office buildings, and condominiums. The whole development costs PHP 30 billion.
The first subway in the Philippines, South Road Properties Cebu Subway was constructed on 2001 and finished on 2011 for about 10 years. It is a two way, two lane divided road that connects Cebu South Coastal Road to Basilica Minore del Santo Niño. It is a joint construction of Cebu City and Japan in particular, Tokyo. A second proposed tunnel will be made still in Cebu City, particular in Natalio Bacalso Avenue National Road, called the Natalio Bacalso Subway
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