Property developer to build office tower on former Victoria Plaza site in Davao

Robinsons Land Corp. (RLC) is set to redevelop the 9.6-hectare Victoria Plaza complex in Davao City, beginning with the construction of a nine-story office tower scheduled for completion in the first half of 2027.

In a disclosure to the Philippine Stock Exchange, the Gokongwei-led developer said the project will be undertaken by its office development and leasing unit, Robinsons Offices. The building will rise along J.P. Laurel Avenue on a portion of the property RLC recently acquired from Great Earth Marketing & Development Corp., majority owned by the NCCC Group of Companies.

The planned tower will feature a modern façade and premium lobby, supported by an efficient vertical transport system. It will also incorporate sustainable design elements in line with RLC’s commitment to environmental responsibility, with certification from recognized green building programs being targeted.

The development marks the latest addition to Robinsons Land’s Mindanao portfolio, which includes eight malls, three GoHotels, a Grand Summit Hotel, and two office buildings. Company officials said the new office tower will strengthen the region’s business infrastructure and provide premium workspace options for enterprises.

Victoria Plaza, opened in 1993 as the first shopping mall in Davao City, was rebranded as NCCC Mall VP after the property was acquired by NCCC Malls in 2019 from the Philippine National Bank. Previous plans for the site had envisioned a mixed-use complex with residential, commercial, office, and hospitality components.

RLC has not yet detailed its broader redevelopment plans for the entire property, but the office tower is positioned as the first phase of what could become a long-term transformation of the landmark site.

Tags:

Real estate is no longer just Location, Location, Location. 
Now, it’s about Location, Information…and Timing! 

- Alejandro Manalac, Executive Publisher
 

View all posts

Leave a Comment

Subscribe to our Newsletter for Free!

Subscribe to our newsletter to receive the latest real estate news.