Bases Conversion and Development Authority (BCDA) President and Chief Executive Officer Joshua M. Bingcang on Monday, June 24, signed a contract with Double 11 Properties Corp. President Romeo Siccion for the long-term lease of a one-hectare property in New Clark City, intended to be developed into a full-service station.
The modern super station complete with charging terminals for electric vehicles (EVs) and a retail center will soon rise in New Clark City, promising to bring additional revenues for the government, provide future employment opportunities for the local community, and boost foot traffic in the rising metropolis.
This marks the first partnership in New Clark City for a development of this kind.
“The BCDA welcomes Double 11 to New Clark City and offers its full support for the project. 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 P. Torres said during the signing ceremony.
With the contract now finalized, Double 11 commits to invest at least Php100 million for the development of the facility, which will include charging terminals for EVs, a mixed-use commercial complex, and retail support businesses. The company has also expressed interest to implement a Phase 2 expansion covering another hectare, with an additional investment of Php100 million, totaling their investment commitment to Php200 million.
The super station is expected to house over 20 retail stores and offices, serving an estimated 200,000 motorists annually, and creating about 500 jobs for the residents of Tarlac and nearby communities. It is also estimated to generate Php100 million in 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,” said Ren Siccion, Double 11’s Business Development Manager.
“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 electric vehicles and eco-friendly cars. This is also a step towards our ‘15-minute city’ vision for New Clark City, where basic amenities and facilities are easily accessible within a walking or cycling distance,” BCDA President and Chief Executive Officer Joshua M. Bingcang said.
Double 11 is a Filipino-owned corporation in the business of establishing, operating, and maintaining a zoo and attraction theme park, industrial parks, and super stations, with partners such as international food franchise chains, branded retail outlets, business process outsourcing companies, offices, residential development and fuel distribution.
Its projects include Northwalk Clark along M.A. Roxas Highway, Pampanga, Caltex Station located at Km 64 of North Luzon Expressway (NLEX) Southbound, Shell of Asia at Km 36 of NLEX Southbound, Northwalk 1 and 2 in San Fernando, Pampanga, and the PTT Station along the Subic-Clark-Tarlac Expressway.
