Double 11 spending P200 million for super station in New Clark City

MANILA, Philippines — Double 11 Properties Corp. is spending up to P200 million for a modern super station with charging terminals for electric vehicles (EVs) and a retail center in New Clark City.

In a statement, the Bases Conversion and Development Authority (BCDA) said its president and CEO Joshua Bingcang signed a contract with Double 11 president Romeo Siccion last June 24 for the long-term lease of a one-hectare property in New Clark City to be developed into a full-service station.

Double 11 is pouring in P100 million for the development of the facility, which will have charging terminals for EVs, a mixed-use commercial complex and retail support businesses.

It intends to spend an additional P100 million for the second phase of development to expand the facility and cover another hectare.

“With this engagement, we expect economic benefits, such as additional revenues for the government; employment opportunities for the local residents and communities and most importantly increased foot traffic in New Clark City,” BCDA vice president for business development Mark Torres said.

With over 20 retail stores and offices, the super station is expected to serve an estimated 200,000 motorists per year and create about 500 jobs for the residents of Tarlac and nearby communities.

It is also estimated to generate P100 million worth of revenues for the government.

“With BCDA, we are bringing our international brand partners here to provide an excellent service to motorists. Using our experience and expertise, we will not only be developing a super station, but also a lifestyle development where people can park, dine, shop and work,” Double 11’s business development manager Ren Siccion said.

“This partnership signals another milestone in the development of New Clark City as a smart and green metropolis, one that is ready for a future filled with EVs and eco-friendly cars. This is also a step toward our ‘15-minute city’ vision for New Clark City, where basic amenities and facilities are easily accessible within a walking or cycling distance,” Bingcang said.

Double 11 is Filipino-owned company involved in establishing, operating and maintaining a zoo and attraction theme park, industrial parks and super stations.

It is working with partners such as international food franchise chains, branded retail outlets, business process outsourcing companies, offices, as well as firms engaged in residential development and fuel distribution.