DAGUPAN CITY — Two big shopping malls are now simultaneously rising in Dagupan, adding to the six malls already existing and operating in the city.
This was revealed by Mayor Belen Fernandez who said The City Mall owned by Golden Dragon Inc. is now being constructed in Barangay Mayombo, while SM is building its shopping mall on M.H. del Pilar Street in Barangay Herero-Perez on its lot formerly owned by defunct Pantranco.
Construction of The City Mall is expected to be completed sometime in September this year while construction of the SM Hypermarket has just started and is expected to be operational sometime next year.
The already existing shopping malls in Dagupan are CSI the City Mall in Barangay Lucao, the CSI Market Square and Magic Centerpoint in downtown Dagupan, Magic Club on Guilig Street and Puregold at BHF Plaza in Mayombo.
On the other hand, Sta. Lucia Realty is developing a high-end subdivision in Barangay Bolosan in the eastern part of the city.
Fernandez said because of the serious congestion of the city’s present business district, new investors are compelled to look for other feasible areas to locate their businesses.
The city’s newly approved Comprehensive Land Use Plan (CLUP), she said, is the answer to congestion as three additional growth centers had been named for investors who may want to come in and do business.
The designation of Dagupan as one of the economic zones in the country by the Philippine Economic Zone Authority (PEZA) is a big boon to the city as more investors engaged in business processing and outsourcing, information technology and tourism are expected to come to the city. Leonardo Micua/PNA-northboundasia.com