JAKARTA – National Property developer PT Megapolitan Developments Tbk (megapolitan) with PT Pembangunan Perumahan (Persero) Tbk to build Vivo Sentul. Mega worked superblock area in Bogor that through its subsidiary, PT Tirta Persada Development.
PT PP act as the main contractor building the first phase of mall kiosks and a modern shopping center at Sentul Vivo integrated area, Cibinong, Bogor. The employment contract worth Rp 700 billion, this includes work package structure, architecture, and plumbing Galleria Mall Vivo.
Marketing Director and Head of Business Unit PT Megapolitan Developments Tbk Radian Wena, say, Galleria Mall Vivo will consist of three properties namely commercial Galleria Kiosk, Vivo and Vivo Walk Mall. Shopping centers and kiosk project will be built on an area of 3 hectares (ha).
“Galleria Mall Vivo is a form of company contributions to improve the economy by building houses, shops and malls. We want to encourage Bogor and its surrounding region became a center of trade and business center, “Radian said after signing a development contract between megapolitan and PT PP in Jakarta, Wednesday (16/11).
Radian said, Vivo Sentul is a superblock area concept that integrates residential, shopping malls, commercial centers, dining, and entertainment. Shopping and commercial center will be built before the end of 2016. The target of the completion and handover of the end of 2017.
“Aggressively we will develop a commercial and residential district in 2016 until 2017. However, the development is done in stages, starting 2017 we will wake up occupancy, “he said.
According to Managing Director Ronald Wihardja Megapolitan Developments Tbk, the business potential in the area of retail space cibinong still potential. This was reinforced by the trend of population growth and economic growth in the region in recent years. Cibinong as the capital of the Bogor Regency has two main sources of revenue, namely industry and tourism.
“This area is still in need of retail space to meet the needs of the population are growing rapidly,” he said to Investor Daily, when contacted in Jakarta, Wednesday.
He added, Sentul Vivo presence to serve the needs of the whole society. Although the buyer or investor of retail space available is from the upper middle class.
“Retail space that we offer is quite attractive, even not yet completed built tenant mall has reached half of which is provided,” he added .
Laila Ramdhini / Edo Rusyanto / EDO
Investor Daily
beritasatu.com
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