THE new NCCC Mall in Ma-a is expected to be completed by 2024.

DAVAO CITY — Homegrown retail chain New City Commercial Corp. (NCCC) has started construction of a P4-billion shopping mall at the site where an old one was burned down in 2017.

NCCC Malls Assistant Vice-President for Operations Rodolfo Saturos said they are targeting 2024 for the completion of the four-storey building in Davao City with a Philippine eagle motif by architectural firm Asya Design.

He also assured that the mall is compliant with the latest building code and will have the latest technology on fire suppression.

“As you see in the designs, there are presentations of the availability of fire ducts, hydrants, automatic fire alarm detectors. These are the latest technology as of the moment. These are the additional features that the designer put into consideration for this mall,” he said during the project launch last week.

Althea Lucas, vice-president for NCCC Malls, said the project will be funded by a combination of bank loans and internal sources.

The three-hectare area at the corner of MacArthur Highway and Ma-a Road will be developed into a mixed-use complex that will include sports facilities and a condominium project in partnership with DMCI Project Developers, Inc. (DMCI Homes).

“It’s a separate project (the condominium), but in terms of developing the area, we have worked with DMCI to ensure that it would be very friendly for the residents of the condominium and it will be convenient for the shoppers of the mall,” Ms. Lucas said.

Under the approved vehicular traffic impact study of the project, part of the complex will be used as access road to minimize congestion along the two busy main roads. — Maya M. Padillo