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DoubleDragon to build 2nd mall in Cebu

ABS-CBNnews.com | Posted at 06/09/2014 9:53 AM | Updated as of 06/09/2014 9:53 AM

MANILA, Philippines - DoubleDragon Properties, a company owned by Jollibee Foods owner Tony Tan Caktiong and Mang Inasal founder Edgar "Injap" Sia II, is planning to build a second shopping mall in Cebu.

In a disclosure, DoubleDragon said its subsidiary CityMall Commercial Centers Inc. has signed a 30-year long-term lease agreement with Dunes and Eagle Land Development Corp. for a prime commercial lot along N. Bacalso Avenue in downtown Cebu.

A Grand CityMall will be built on the 1.1 hectare property, which is located between the EMall Cebu and the Cebu South Bus Terminal. It is also across the Librando Transit Terminal, and a few meters away from the soon-to-rise Cebu City Medical Center Hospital.

"The site is within the vicinity of Colon in downtown Cebu area, a vibrant and highly-populated shopping and business district," DoubleDragon said.

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This is unfair to the gaisanos . Why a thread for a community mall in Cebu city lol?
 

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how about the local competitors, Prince Hypermart, Fooda and la Nueva??? :)
will they be aggressive here in Cebu :D hmm let see!!!
 

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^^ ang plano intawn ni Gwen sa-una kadtong Farmer's Market (center), wala na gyud
madayon...mas mopabor pa ko ato'! :D
 

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I have the same question.

Though if i'm not mistaken, dili man siguro exclusive SaveMore ang supermarket component aning CityMall so basin lahi ilang ibutang.
^^ aw o diay...if i'm not mistaken...i've read somewhere
nga they are open to any known anchor store nga gusto
mo tie-up sa ilang mall...something like that :D
 

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^^ good luck na lang sa traffic unya! :nuts:


but i really love downtown! ..daghan na ko'g masuroyan sa downtown..pohon! :D
 

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pabonggahay gyud na sa ambiance dinha dapita kon kinsay dugukon ug tao. ug dili lang sila siguro mag parehas ug mga tenants menos ang competition sa prices.
 

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Dili kaayo worthy e highlight ni na project kay same ra man nig magnitude sa mga existing Gaisano's sprouting all over CEBU..

But since, morag in terms of area kay either same ra or mas dako pa sa E-Mall, then probably this will live up to the plan na this will not just be a simple City Mall but a Grand one....

I wonder, why E-mall did not push through negotiating this property for its expansion so now they will have to contend with a direct competition on the same market target right on their own backyard... Good luck E-Mall ..tsk tsk.. :eek:hno:
 

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^^ haha...me too, i wonder why they add "GRAND" sa name, nga CITYMALL
ra man unta 'na....anyhow, pinatyanay na ni sa competition...survival of the
fittest na gyud ni ang peg sa mga investors! :D
 
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