CLARK FREEPORT— This Freeport will soon develop a new premium retail center featuring global brands, including a Nike Factory Store (NFS).
This comes after the recent signing of a lease agreement between Clark Development Corporation (CDC) and Prodigy Maguire Concepts, Inc. (PMCI) for the project.
CDC President and CEO Atty. Agnes VST Devanadera and PMCI President Christian Monteron formalized a PHP 134.5 million deal to develop a retail center on a 2,500-square-meter site along M.A. Roxas Highway. This project aims to establish Clark as a premier shopping destination for locals and tourists.
In her message, Atty. Devanadera emphasized the project’s significance in bolstering Clark’s appeal as a key shopping and tourism hub, attracting more visitors and boosting the local economy.
“We believe that when you raise the bar of standards, you will find your niche in the market. You don’t need to be very rich to enjoy quality products. Thank you for choosing Clark,” she added.
According to PMCI Business Unit Head Rochelle Teresa Dizon, the construction of the project is set to begin in October, with completion targeted for April next year.
“Our vision is to make Clark a premier destination and this aligns with the Clark Development Corporation’s goals of enhancing community engagement and driving tourism and economic growth,” Dizon said.
Founded in 2009, the PMCI is Nike’s exclusive partner in the Philippines for the NFS format. It currently operates six (6) NFS stores across Luzon and Visayas.