Photo by neodavao
ANOTHER mall will be rising in the Bajada area of Davao City.According to Councilor Peter Laviña, the building of a Robinson’s mall here was announced by Frederick Go, president of Robinsons Land Corporation in his recent visit to the city.Long rumored after its land banking in Davao, the Gokongwei group will be the third major mall developer to venture here after Henry Sy set up SM City Davao almost a decade ago.
“NCCC Mall, on the other hand, has a monopoly on the other side of the city’s MacArthur Highway,” he added.
The mall project is preceded by three major Robinson’s housing projects here. The first is at Diversion Road Buhangin, the second is in front of Lanang Golf & Country Club, and the third, recently approved by the City Council, is once more along the Diversion Road in Buhangin.
“Property development remains as the top investment priority area in the city under the Investment Incentive Code. It’s of no wonder, however, because property projects really make a killing,” Laviña said.
Laviña added that incidentally, the Gokongweis have good local partners in Davao in the Ed Bangayan group who are their Cebu Pacific general agent. The group is also part owner of Victoria Plaza and SM Davao Department Store.