YHEST Realty and Development Corporation, a joint venture between Davao’s landed Villa-Abrille family and Cebu Landmasters Inc., has launched the first phase of the P33 billion Davao Global Township (DGT) mixed use development
Envisioned iconic business district, the first phase of the 22-hectare development will consist of world-class residential towers, an office building, a DGT City Center composed of retail areas, and a cultural center.
CLI President Jose Soberano III said he foresees that local residents of Davao, who since the pandemic have begun prioritizing owning a home, and Overseas Filipino Workers will quickly take up DGT’s residential units.
YHEST president Fred Yuson noted that, “Business confidence appears to be returning particularly in Davao where lockdown measures were less stringent. This is likely to push the growth of innovative projects like the Davao Global Township, which introduces Davaoeños to fresh lifestyle, retail and corporate concepts.”
DGT is master-planned and designed to have a mix of indoor and open air features to adapt to the new normal. It has wide open spaces and lush landscapes that will allow everyone to stroll freely and shop without worry.
It also showcases DGT City Center’s architecture highlighted by tree-like columns that support a waved roof that houses the retail and dining spaces.
The property was a former golf course owned by one of Davao’s most prestigious families and it is planned to evolve into a central business district to match other global centers.
This article originally appeared in Manila Bulletin.
