Victoria Plaza Acquired: Robinsons Land Redraws Davao's Urban Future

🔎 LOOK | DAVAO’S FIRST MALL ERASES ITS PAST? ROBINSONS LAND ACQUIRES ICONIC VICTORIA PLAZA FOR MEGA OFFICE DEVELOPMENT

Davao City, Philippines – In a bold and controversial move, Robinsons Land Corporation (RLC), the real estate arm of the Gokongwei Group, has acquired the historic 9.6-hectare Victoria Plaza complex from the NCCC Group — effectively ending an era and launching a new chapter that raises both hopes and eyebrows.

🎯 RLC isn’t wasting time: The first salvo in its grand redevelopment plan is a nine-story, world-class office tower set to rise by 2027. Promising a “premium lobby,” “iconic façade,” and “efficient vertical transport system,” this first of three planned office buildings aims to reset Mindanao’s office development standards — and perhaps its urban soul.

💼 But the corporate gloss is only part of the story. Dabawenyos are now left wondering: Is the city’s first shopping mall being buried beneath glass towers and green certifications?

🌱 The project touts sustainability and will pursue green building certification, aligning with RLC’s push for eco-conscious development. However, no mention has been made about preserving the site’s cultural and emotional significance — once the bustling social heart of Davao since 1993.

🏙️ With RLC already dominating the region through its malls, GoHotels, Grand Summit Hotel, and office properties, this aggressive expansion fuels the growing debate: Are we witnessing progress — or erasure?

📌 Victoria Plaza is being reinvented not just as real  Iiponestate — but as a high-stakes symbol of what Davao chooses to value: heritage or high-rises.

🗣️ What’s your take, Davao? Is this visionary development long overdue — or a corporate whitewash of the city’s landmark history?

🔗 READ MORE:

📄 Manila Bulletin – Sept 9, 2025

📄 RLC 1Q 2025 Earnings Report (PDF)

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