(Source: Philippine Star | January 21, 2019)
Global Gateway Development Corp. (GGDC) and Century Properties Group Inc. have partnered to develop 2.6 hectares of the 177-hectare Clark Global City in Pampanga.
The joint venture will develop the 2.6-hectare into a mix of residential and office buildings, with spport retail establishments.
GGDC Chairman Dennis Uy, said the partnership would help fasttrack the development of Clark Global City.
The joint venture marks Century Properties’ first development in Clark, a former military base currently being transformed into the country’s next big metropolis and primed as the answer to Metro Manila’s congestion.
Century Properties chairman and CEO Jose Antonio said they are ready to bring their expertise to the joint venture.
“We are proud of this joint-venture partnership with GGDC and we look forward to sharing our expertise from 33 years in the real estate business and bringing our experience from past successes to this project,” Antonio said.
Antonio said Century Properties is banking on the phenomenal growth of Central Luzon, which has the highest number of occupied housing units; and also Clark, which has emerged as the second largest market for office after Metro Manila.
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