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.