CityMalls to open in Roxas

CityMalls Commercial Center Inc., a unit of DoubleDragon Properties Inc., said Monday it has completed the construction of its first community mall in Roxas City, Capiz.

DoubleDragon said in a disclosure to the stock exchange CityMall-Arnaldo Roxas, located on a 1.2-hectare prime property at Arnaldo Boulevard, Roxas City, Capiz, was already 100-percent leased out and would hold its grand opening, once all the tenants completed their store renovations.

“The first CityMall construction completion took eight months to build. Our goal is after building the first five CityMalls, the sixth onwards should take less time as the team have already gained improved construction efficiency and momentum. Our dynamic team are all set and determined to make CityMall the most successful community mall around the country serving the daily necessities and our fellow Filipino shoppers,” DoubleDragon chairman Edgar Sia II said.

Six other CityMall sites are under various stages of construction.

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