Provincial government leases lot to Dynamic Builders

Posted by watchmen
September 12, 2018
Posted in TOP STORIES

Negros Occidental Governor Alfredo Marañon, Jr. and Dynamic Builders and Construction Company Inc. President Ricardo Yanson, Jr. signed a lease agreement for a lot, located along Aguinaldo Street in Bacolod City, earlier this week. The construction company official also turned over a symbolic check worth over P26 million, the value of the security deposit and a two-year advance on rent.

The lease runs for 50 years with an option to renew upon expiration.

Last month, after Dynamic Builders reportedly submitted an unsolicited proposal to construct a high-rise building at the aforementioned site, acting Negros Occidental Provincial Administrator, Dr. Lucille Gelvolea, confirmed nobody offered a counter proposal.

The lease zones the area for mixed use, projecting a 10-story building, containing a mall, call center, offices, and a hotel, will be constructed./WDJ

(From left) Atty. Mitchelle Abella of Dynamic Builders and Construction Company Inc., Negros Occidental Governor Alfredo Marañon, Jr., Dynamic Builders President Ricardo Yanson, Jr., and Vice Governor Eugenio Jose Lacson during the recent lease agreement signing for a lot along Aguinaldo Street in Bacolod City. (Richard Malihan photo)

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