EVEN before proponents held its groundbreaking, a mall project at the Mandaue City reclamation area has drawn the interest of companies in Cebu and in Metro Manila.
“So far, the acceptance of the concept by prospective tenant partners has been encouraging,” said James Co, managing director of Parkmall, a future shopping destination that will rise across the Cebu International Convention Center.
Co, during a press conference held shortly after the groundbreaking of the pro-ject last week, said Parkmall will open in the last quarter of this year.
According to a press statement from Parkmall proponent Golden Great Venture Properties Co., the mall will be a “Philippine retail store” of Cebu home-grown brands and will serve as “incubation platform” for the new breed of local entrepreneurs.
“They just need to submit their business plan… to address the need for incubation,” Co said. “We will do our part to raise entrepreneurs in Cebu.”
The company is encouraging all businesses in the province and those in Metro Manila to become its partner-tenants.
Parkmall, which involves an investment of about P350 million, has a total lease area of 30,000 square meters.
Project proponents stressed that Parkmall does not duplicate existing malls as it is more like a “tiangge” concept. Golden Great Venture is also inviting call center companies to become potential tenants.
With the opening of a new public utility jeepney route, the company said Parkmall will be accessible to the public. The future mall complex will also house a parking lot with over 700 slots.
Parkmall will rise on a six-hectare lot at the Mandaue City reclamation area and will feature an accented piazza that will be a “venue for people to stroll, relax, jog, and do other fun activites.” (TEP)
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