CityMall to rise at Northtown Davao
Wednesday, September 21, 2016.
Leading homegrown real estate firm Alsons Development and Investment Corporation and CityMall Commercial Centers, Inc. signed a Joint Venture Agreement on Tuesday, September 20, 2016 to build a CItyMall community mall in a 1.5-hectare lot within the vicinity of Northtown, a 116-hectare residential township of Alsons Dev in Cabantian, Davao City.
This new development comes just in three months after the inauguration of the Alsons Public Safety Complex, an integrated public safety and rescue facility with fire, police and 911 stations, also located just outside Northtown.
“We have always envisioned Northtown to be a complete and self-sustaining township.” said Alsons Dev Vice President and General Manager Eric de la D. Costa, “We are very excited to see this vision slowly coming to fruition and with no less than CityMall, one of the country’s fastest rising companies, as our partner.”
“CityMall – Northtown Davao is expected to be completed by 2017, We can clearly see the vision behind Northtown to soon to become one of the most vibrant areas in Davao City.”,said Edgar Injap Sia II, Chairman of DoubleDragon/CityMall. “We believe that CityMall will be a great addition to the development of Northtown.” Injap added.
In photo are the officers of Alsons Group and DoubleDragon Group together with Mr. Edgar Injap Sia II, Mr. Ferdinand Sia, Mr. Nick Alcantara, Mr. Paul Dominguez and Mrs. Rosie Dominguez.