Aldevinco Shopping Center 2015
Alsons Development and Investment Corporation (Alsons Dev) revealed plans to start redeveloping the Aldevinco Shopping Center site by the end of October 2025. Situated at the intersection of C.M. Recto and Roxas Avenue, the property has been a well known landmark in downtown Davao for decades. The redevelopment aims to transform the historic site into a contemporary mixed use hub that fosters the city’s ongoing progress and urban renewal while preserving its rich cultural heritage.
Aldevinco Shopping Center served as one of Davao City’s earliest commercial hubs and stood as a cultural landmark for over five decades.
Established in 1965, the Aldevinco Shopping Center was among Davao City’s first commercial landmarks. For more than fifty years, it evolved from a bustling marketplace for local merchants into a cultural symbol celebrating Mindanao’s diverse heritage through its textiles, antiques, and crafts. Although it closed its doors in December 2021, its legacy lives on at Poblacion Market Central, where many of its original tenants continue to uphold the same tradition of culture, creativity, and trade.
Preparing the historic site for the future
The redeveloped property is envisioned to become a flagship mixed-use development that reflects Alsons Dev’s vision for vibrant, sustainable, and people-centric spaces.
The transformation will begin with the demolition of the buildings on the premises, a necessary step due to the structure’s age and safety considerations. The work will be carried out in sections to minimize disruption and ensure the safety of pedestrians, workers, and nearby establishments. The company is also working closely with the Office of the City Building Official (OCBO) and other relevant government agencies to ensure full compliance with local regulations.
While long-term plans are being finalized, Alsons Dev will temporarily use the 5,106-square-meter site into a paid parking facility by Q2 2026. The interim space will feature designated areas for food trucks and carts, offering convenience and new opportunities for small businesses while keeping the property active and vibrant in the heart of the city.
Looking ahead
As Aldevinco enters a new chapter, Alsons Dev reaffirms its dedication to thoughtful and sustainable development that contributes to the vitality of Davao’s urban landscape.
The aging buildings will be cleared to make way for a redevelopment that continues to cultivate Davao’s growth.
“Our vision is to build developments that balance heritage and progress, ensuring that every project we undertake supports the city’s growth. As a homegrown developer, we take pride in helping shape Davao’s evolving environment,” said Miguel A. Dominguez, President and CEO of Alsons Dev.
The company will share regular updates to keep the public informed as the redevelopment progresses. For further details, follow the official Alsons Dev Official Facebook page.
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