DoubleDragon to open first mall

Property developer DoubleDragon Properties Corp. is set to open on March 27 in Roxas City, Capiz, the first of its upcoming chain of 100 community malls under the brand “CityMall.”

The property firm, a partnership between Mang Inasal founder Edgar Sia II and Jollibee Foods Corp. founder and former chief executive Tony Tan Caktiong, has also named actress Anne Curtis its brand ambassador. Curtis is scheduled to grace the grand opening of the first CityMall on March 27 at 3 p.m.

The new mall, which is located on a 1.2-hectare property along CM Arnaldo Boulevard in Roxas City, has 7,035 square meters in gross floor area and 5,700 square meters in leasable space, according to Sia, DoubleDragon chair and CEO.

In an e-mail Monday, Sia said the first CityMall was 100-percent leased out and that among the key locators were Jollibee, Mang Inasal, Greenwich, Chowking, Red Ribbon Bakeshop, Highlands Coffee, Banco De Oro, Ministop Convenience Store, Robinsons Supermarket, Handyman Hardware Shop, Robinsons Appliances, Daiso Discount Store, RRJ Apparel, Penshoppe, Altitude Shop, Biscocho House Pasalubong Shop, Rose Pharmacy, Ideal Optical, Expressions Bookstore, Fun Nation Amusement Center, Orange Tomato Watches, Kettle Corn, CDR-King, SanYang Furniture, Time Network, Perfume Express, Cebuana Lhuillier and LBC.

Since DoubleDragon debuted on the local stock exchange 11 months ago, Sia said CityMall had secured 20 prime provincial sites for the rollout of CityMalls. These would translate to more than 30 hectares of prime commercial space in the center of key provincial areas.

Each community mall is targeted to have a leasable area of 5,000 to 7,000 square meters.