Iloilo to welcome 2 CityMalls soon

Iloilo will soon be having two community malls in two of its bustling suburban areas - Ungka in Pavia and Tagbac in Jaro. These two areas are synonymous with the transport hubs located therein. Ungka Terminal serves West and Central Iloilo towns and its along the highway going to the Iloilo International Airport while Tagbak Terminal is the gateway to the northern towns including Capiz and Aklan, where the popular Boracay Beach is just about 6 hours away.

Here's the press release coming from ABS CBN News.

MANILA, Philippines - CityMall Commercial Centers Inc (CMCCI), a company owned by the founders of Jollibee Foods Corp. and Mang Inasal and Henry Sy's SM Investments, is planning to build two CityMalls in Iloilo.

In a disclosure to the stock exchange, DoubleDragon Properties said its subsidiary CMCCI has signed a long-term lease agreement with the Que family's Iloilo Commercial Development Corp. (ICDC) for two prime lots in Iloilo.

Two CityMall community malls will be built on the properties, which have been leased for 26 years.

CityMall leased this corner lot in Ungka, Pavia for one of its first two community malls in Iloilo.
Photo as posted in SkyscraperCity Iloilo Forum

"The Que family has been into the supermarket business for over 30 years in Iloilo. The Que family owns several properties for their expansion and were also planning to expand their own community malls but decided to work with CMCCI instead, recognizing the synergy that will be created by the partnership between DD and ICDC," Double Dragon said.

CMCCI is 66 percent owned by DoubleDragon and 34 percent owned by SM Investments Corp.

The first lot, located in Ungka, Pavia, has an area of 11,918 square meters. It is right beside the Pavia People's Transport Terminal, and is at the corner of the national highway which links downtown Iloilo and the international airport.

Artist's Perspective of the CitiMall Foodcourt

The second lot, which has an area of 8,000 square meters, is located in Tagbak, Jaro. It is situated across the Tagbak Bus Terminal, which is said to be the biggest transportation hub in Iloilo City.

The first CityMall is expected to open in Roxas City this year. There are plans to build community malls in Cebu and Zamboanga.

DoubleDragon, which was founded by Jollibee's Tony Tan Caktiong and Mang Inasal's Edgar "Injap" Sia II, is also building the Dragon Shopping Center in Divisoria.

DoubleDragon is targeting to open 100 CityMall community malls by 2020 and hit P1 billion net income by 2016 and P4.8 billion in net income by 2020.

DoubleDragon made its debut at the Philippine Stock Exchange last April.

Travelers guide to Iloilo transport terminals (Airport, Jeepneys, Buses, RORO. etc)

Being the biggest city on Panay Island and the center of Western Visayas region, Iloilo City is a transportation hub whether by land, sea or air. These numerous transportation terminals facilitate day to day commerce, light & heavy industries, and tourism, among others. As this is a travel blog, this guide is aimed to tourists who want to experience and explore Iloilo and perhaps even beyond. Iloilo International Airport A little more than five years old, the Iloilo International Airpor t is among the most modern and beautiful in the country today. It is situated around 20 kilometers from Iloilo City , straddling the towns of Cabatuan, San Miguel and Sta. Barbara . It has direct links to Manila, Cebu, Clark, Cebu, Davao, Cagayan de Oro and Puerto Princesa plus international destinations Hong Kong and Singapore . Among the first hurdles tourists will have to contend is the distance that translates to expensive fare when traveling to and from this airport.

Connie Carillo Diversified Farm in Bingawan: Helping Sustaining a Healthy Community Through Farm Schools

The area around the town of Bingawan, the edge of the central portion of the province is where it ends and the town of Tapaz, Capiz province begins and is very much another unsung corner of Iloilo with warm, friendly, welcoming people. Bingawan has some rich farming land and farming is at the heart of its village life. The landscapes are gorgeous here; with gentle pastures, to the high mountains. The area offers some beautiful hikes and bike trails across its lovely rolling meadows, woodland and a few working farms. The town would be less touristic than its neighboring towns but is well worth exploring. If you are concerned about how organic can contribute to benefit our shared environment, promote fair relationships and a good quality of life for all involved, then a trip to Connie Carillo Diversified Farm is for you. With the governments’ efforts to improve the knowledge and technical skills of the farmers, the Connie Carillo Diversified Fa

Park Inn by Radisson Iloilo Levels Up Sustainability Efforts by Eliminating single-use plastic water bottles in guest rooms.

Park Inn by Radisson Iloilo, a prominent player in the hospitality industry, is proud to announce a significant step forward in its commitment to sustainability. With a dedication to preserving the environment, the hotel is taking substantial measures to reduce its ecological footprint and enhance its sustainable practices. Hotels have long been contributors to plastic pollution due to the widespread use of single-use bottled water. Recognizing this environmental challenge in the tourism industry, Park Inn by Radisson Iloilo is taking a bold step forward by reducing its plastic footprint significantly by removing single-use bottled water from guest rooms. Eliminating Single-Use Bottled Water: Embracing Reusable Carafes with UV Filtration Water Stations Park Inn by Radisson Iloilo places itself at the forefront of the eco-conscious movement by eliminating single-use bottled water from its guest rooms and fully implementing reusable carafes as an amenity from July onwards. Water

ILOILO: HEART of the PHILIPPINES

Search This Blog