Abrezza: Davao’s Next Shopping Destination

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Category: Davao News Posted: Thursday, December 18th, 2008
Abrezza

Abrezza

The Ayala Land Incorporated in partnership with Anflocor will infuse 5-Billion Peso worth of investments in Davao City for the development of a new multi-use shopping mall with Business Process Outsourcing (BPO) facilities, residential, hotel and commercial lots along Bajada Street.

The project will be built in a 10-hectare property owned by the Floreindos. This huge mall project is known as “Abreeza” and is expected to be completed in the next three years. This ambitious project between Ayala Land and Anflocor costs 4-5 billion pesos and is considered as one of the biggest single investments in Davao City for decades.

The construction works will begin in the first quarter of 2009. The construction stage alone will employ more than 3,000 workers and each BPO building is expected to generate at least 3,000 jobs for Dabawenyos. There will be two BPO buildings to be setup in the area.

The Abreeza Mall is conveniently located at the heart of Davao City. The location is near from major schools and universities, private and government offices and recreational areas. The Abreeza Mall has an area of 61, 000 square meters and will include two office buildings that will cater outsourcing –related investments like call centers, software development and transcription.

The first phase of the project will cover 35,000 square meter-gross leasable area and set to open in the fourth quarter of 2010. The second phase will cover 26,000 square meters-gross leasable area and expected to be completed in the third quarter of 2011.

The first BPO building of Abreeza Mall is expected to be completed in the fourth quarter of 2010 and has a gross leasable area of 35,000 square meters. The second BPO building on the other hand, will open in the third quarter of 2010 with gross leasable area of 26,000 square meters. Right now, there are already many inquiries about the availability of office space of the two BPO buildings.

A hotel will also built inside the property. The three hectares of the 10–hectare property lot will be developed for commercial purposes.

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