Lafayette A. Lim, chief executive officer of the NCCC Group of Companies, announced on Monday that construction works have already commenced for a new NCCC shopping mall with a condominium at its former site in Ma-a, Davao City.
Billboards of the perspective view of the new mall were already placed on top of the fence of the site. The new mall is being projected to be bigger than the previous mall.
Lim also affirmed that the NCCC Group of Companies is still partnering with DMCI Homes for the construction of a new shopping mall with a condominium in their 3-hectare property in Ma-a, which was razed by fire in December 2017.
DMCI Homes has also built NCCC Buhangin Mall.
It can be recalled that homegrown New City Commercial Corp. (NCCC) has purchased the city’s iconic shopping mall Victoria Plaza and will be developing it into a mixed-use complex with residential and hotel components.
In an interview with NCCC Malls Sharlene Faye A. Lim, president of NCCC Malls, in 2019 said they are planning to build eight buildings in the nine-hectare property, including a five-star hotel through a joint venture deal.
The existing shopping mall will be retained and renovated, and possibly additional floors will be constructed if the foundation permits.
