Proposals of mall giants for modern Baguio market undergo new reviews
BAGUIO CITY — Unsolicited proposals by two shopping mall giants for the modernization of the Baguio City Public Market will undergo a new round of evaluations, Mayor Benjamin Magalong said.
Magalong rejected a recommendation in August to grant retailer Robinsons Malls an original proponent status (OPS).
The OPS would have allowed the city government to negotiate terms with Robinsons for the construction of a multilevel market building to be administered by the city, and a separate retail building it would operate for 50 years.
Magalong cited critical deficiencies in the plans offered by Robinsons.
He recently ordered fresh evaluations of the building projects submitted by Robinsons and by SM Prime Holdings, “this time focusing on their track records in joint ventures with local governments.”