29 January 2013

Davao City, Philippines

Felcris Hotels and Resorts Corporation taps Colliers International Philippines to take charge of the leasing efforts of Felcris Building, part of the newest master-planned community, Felcris Centrale.

Felcris Hotels and Resorts Corporation was incorporated to engage in real-estate development.  Its flagship Felcris Centrale is a major development project to create a business community in one of the prime areas of Davao City.

The development, estimated at Php5 billion, is comprised of commercial and retail mall; office buildings; residential and hotel complex. The first phase of the project will be the completion of the mall and BPO building, a 10-floor, 15,000 sqm structure. The office component of the community, Felcris Buidling, is currently underway with pile driving works completed and excavation being rolled out. Felcris Building is the first of the many developments within the complex and is expected for completion by end of 2013.

Felcris Centrale will be Davao’s newest focal point where business and entertainment converge.

Felcris Hotels and Resorts Corporation also tapped other international consultancy firms to aid them in making the community a reality. Palafox Associates was appointed for urban planning while BRYCG Group will be their financial consultants.

 

Being at the top of BPAP's Next Wave City ranking, Davao is seen to be the foremost city to host BPO operations outside of Metro Manila. Felcris Building is the first office / BPO facility that would spur the BPO industry in Davao and will undoubtedly place Davao in the global BPO map.