DoubleDragon Corporation will be putting up CentralHub, an industral and warehouse complex in Cagayan de Oro. This was disclosed in the company’s Amended Reinvestment Plan. There’s really no surprise since the city has long been a major transshipment and logistics hub.
In a disclosure at the Philippine Stock Exchange, DoubleDragon stated that CentralHub Cagayan de Oro is now in the Site Acquisition Phase and targetted for completion next year (2023). It is among 14 CentralHubs in its portfolio.
In its Amended Reinvestment Plan, the company stated it intends to invest in two (2) office towers in Metro Manila, eleven (11) hotel properties, four (4) mixed-use developments, fourteen (14) warehouse complexes and ten (10) community mall centers located in the Philippines.