Robinsons Land plans office building after buying 9.6-ha site of Davao's first mall
Robinsons Land Corp. (RLC), the property development subsidiary of the Gokongwei Group, has acquired the prime 9.6-hectare (ha) Victoria Plaza (VP) complex in Davao City from New City Commercial Corp. (NCCC) Group of Companies and is kicking off its development with a new office building.
In a disclosure to the Philippine Stock Exchange (PSE), RLC said its office development and leasing arm, Robinsons Offices, will soon develop a world-class, multi-story office building along J.P. Laurel Avenue.
This landmark development will rise on a portion of the property acquired from Great Earth Marketing & Development Corp. (GEMDC), which is majority owned by NCCC.
Upon its completion in the first half of 2027, RLC said this nine-story development will showcase a modern and iconic façade, complemented by a premium lobby design that redefines office space standards in the region.
Engineered for functionality, the building will feature an efficient vertical transport system for smooth and convenient access across all floors.
Set to pursue green certification, it will also incorporate sustainable design elements, underscoring RLC’s commitment to environmental responsibility.
This newest development will further strengthen RLC’s growing portfolio in Mindanao, which currently includes eight shopping malls, three GoHotels properties, a Grand Summit Hotel, and two office buildings in the region.
NCCC Mall VP is currently located in the expansive prime property. It was formerly known as Victoria Plaza, the first shopping mall in Davao City opened in 1993 by the Limso family.
After it was placed under receivership, NCCC Malls acquired the mall and its complex from Philippine National Bank (PNB) on March 12, 2019, and rebranded it to its current name.
Plans for the property then had included a mixed-use development of the lot, which would have consisted of eight 20-story buildings that will house the company’s headquarters, a shopping mall, office and commercial spaces, and business process outsourcing (BPO) hubs.
Joint venture (JV) agreements for a five-star hotel and serviced apartments in some of the buildings were also planned.