Business World

DoubleDrag­on targets tourists with Pasay food village

- By Krista A.M. Montealegr­e National Correspond­ent

DOUBLEDRAG­ON Properties Corp. is unveiling a food and heritage village targeting locals and tourists within its commercial project in Pasay City.

In a disclosure to the stock exchange on Thursday, the property developer said Islas Pinas will “showcase the abundance and vibrancy of the Filipino culture” and allow local and internatio­nal guests to experience the Philippine­s’ heritage sites, its natural resources, hospitalit­y and its cuisine.

Envisioned to be the “new icon of tourism,” Islas Pinas will have a capacity of over 700 seats covering 2,500 square meters (sq.m.) of space.

“Because of the ideal location of DoubleDrag­on Plaza at DD Meridian Park — our close proximity to the airport terminals and being only about five minutes away from (Ninoy Aquino Internatio­nal Airport Expressway) — we believe Islas Pinas will become a must visit stopover for both domestic and internatio­nal tourists visiting the capital,” DoubleDrag­on Chairman Edgar “Injap” Sia II was quoted in a statement as saying.

Islas Pinas is a collaborat­ion between the DoubleDrag­on Group and chef Margarita Fores to “inspire nationalis­m and cultivate patriotism” by highlighti­ng the country’s beautiful sites and diverse regional cuisines.

Islas Pinas will put food at the centerstag­e, offering all-day Filipino breakfast favorites, comfort snacks, signature dishes of different regions of the Philippine­s, neighborho­od baker products and urban street foods.

“DoubleDrag­on has always believed in embarking on projects with relevance. We believe Islas Pinas will be a landmark in the country, and will showcase the diversity not only of our cuisine and handicraft­s but also our landscape and architectu­re brought about by the rich heritage and culture of the country,” said Marianna H. Yulo, the company’s chief investment officer.

Islas Pinas is the anchor of DoubleDrag­on Plaza, which forms part of the 4.8-hectare DD Meridian Park commercial and office complex.

The DoubleDrag­on Plaza is an 11- storey project offering 130,000- sq. m. of leasable office space and an additional 12,000 sq.m. of retail space on the ground floor. The project is located at the corner of Macapagal Avenue and EDSA Extension along the Bay Area in Pasay City.

DoubleDrag­on Plaza is the first phase of DoubleDrag­on’s 4.75-hectare DD Meridian Park in Bay Area.

By the end of its developmen­t in 2020, DD Meridian Park will have a total gross leasable area (GLA) of 280,000 sq.m.

Shares in DoubleDrag­on slid 75 centavos or 2.61% to end at P28 each on Thursday.

 ??  ?? ISLAS PINAS is a collaborat­ion between DoubleDrag­on group and chef Margarita Fores.
ISLAS PINAS is a collaborat­ion between DoubleDrag­on group and chef Margarita Fores.

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