HOMEGROWN New City Commercial Corp. (NCCC) is set to break ground for its new development project, the P1 billion modern mall at Milan area in Buhangin, Davao City on October 17.
This according to LTS Malls, Inc. president Sharlene Faye A. Lim, at the opening of the NCCC Kanegosyo Congress at the NCCC Mall of Davao on Thursday.
"We hope to finish the construction next year so we can open on our target date on October 1, 2016," she said, adding that they are eyeing the mall's grand opening in December next year.
The Buhangin mall will have a total of 8,100 square meters in area with four levels and one basement. Once constructed, the NCCC Mall-Buhangin will be the third mall of the company after NCCC-Matina and NCCC-Tagum.
"Actually we see the potential of the area. It is highly residential, the whole market is there, and of course we want to have a presence in the Northern part of Davao City as a homegrown mall," Thea Septann S. Padua, public relations officer of NCCC Group of Companies.
The mall will offer new cinema concept in the city.
"We have a new concept for a cinema. It is small but very cozy with only about 80 to 100 capacity. We want to do away with the big cinemas," Padua added.
NCCC Mall-Buhangin will have the same target market as the mother mall in Matina except that it will offer a new and better shopping experience in terms of aesthetics and ambiance.
"It is still for the “masa” as what we really are as a mall, we don’t want to scare away our market, it’s the same NCCC Mall. We reached around an investment of a billion for this (NCCC Mall-Buhangin)," she said.
The soon-to-rise mall will be designed by the Asya Designs, a Manila-based architectural firm that designed SM Mall of Asia and City of Dreams.
"We hope to bring more tenants na wala pa dito sa Davao, to bring something new in the city which is still affordable for Dabawenyos," Lim added.
After the construction of the mall, NCCC Group of Companies is set to renovate and expand its mall in Matina in a bid to provide better service to its customers and more space for more tenants like restaurants, BPOs, among others.