YHEST Realty and Development Corp., a joint venture between regional developer Cebu Landmasters Inc. (CLI) and the Yuson, Huang and Tan families belonging to the Villa-Abrille clan of Davao, has started ground works on Phase 1 of the P33-billion Davao Global Township (DGT). This landmark project is at the Matina district of Davao City, one of the densest residential areas of the city.
Phase 1 of DGT is estimated to cost P10 billion with 93,000 square meters of gross floor area.
Phase 1 is set for completion in 2022. This phase includes a corporate center, two premier residential towers, a retail strip with a cineplex, and outdoor retail spaces. (PR)