Here’s no. 9 of the construction buzz series in the city. First buzz is shown below.

Although it was confirmed by City Mayor Vicente Emano, I’m still considering it as a rumor that Puregold will occupy the former Ororama Megacenter. Rumor has it that the deal is now being finalized. I am still looking for an official press release or article relating to the matter.

Next buzz is the reported negotiation by a large company for the iconic Vacation Hotel de Oro along Ramon Chaves Street. The said hotel has been on the selling block for quite sometime. With an ideal location close to the city center, no wonder investors are now having a second look at this once marvelous hotel.

And finally, this corner space along Velez-Luna where the lawyers Barba Brothers used to hold office with other tenants like Don Miguel Bakeshop and a beauty salon is another rumored site for a popular fastfood chain.

There’s one latest breaking rumor I had today but Im still looking for more info which I will post in due time.

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