A 5.2 hectare area in Danao City will be the third site for the CentralHub Industrial warehouse complex.
This developed after CentralHub Industrial Centers Inc. (CentralHub), the industrial warehouse leasing subsidiary of Double Dragon Properties Corp, acquired the site.
According to the CentralHub statement on Monday (Oct. 29), CentralHub-Cebu will have an initial area of 5.2 hectares with a capacity of 27,212 square meters of industrial warehouse space.
This will be the second major hub of CentralHub in the Visayas region following the recent acquisition of CentralHub-Iloilo.
A total of 15.3 hectares of prime industrial land has been acquired by CentralHub to date with a total capacity of 81,219 square meters of industrial warehouse leasable space.
This includes its pilot development, CentralHub-Tarlac, whose first phase was already completed and turned over to its commissary tenant.
CentralHub is envisioned to become the leading provider of industrial warehouses in the Philippines through the development of its first eight CentralHub sites by 2020, with two CentralHubs in North and South Luzon, the Visayas and Mindanao.
These 8 CentralHub locations are projected to have a total capacity of up to 400,000 square meters of warehouse leasable space.
Each hub will contain modern standardized multi-use warehouses suited for commissaries, cold storage, light manufacturing and logistic distribution centers.