Alsons Dev to Redevelop Aldevinco to Support Davao’s Growing Urban Landscape
Alsons Development and Investment Corporation (Alsons Dev) announced that it will begin the redevelopment of the Aldevinco Shopping Center site by the end of October 2025. Located at the corner of C.M. Recto and Roxas Avenue, the property has long been an iconic presence in downtown Davao. The redevelopment will usher in a new era for this historic landmark, paving the way for a modern, mixed-use destination that supports the city’s continued growth and revitalization while honoring its history and heritage. Aldevinco Shopping Center served as one of Davao City’s earliest commercial hubs and stood as a cultural landmark for over five decades. The Aldevinco Shopping Center, launched in 1965, was one of Davao City’s earliest commercial hubs. In over five decades, it transitioned from a vibrant marketplace for local traders to a cultural icon showcasing Mindanao’s rich heritage through textiles, antiques, and handicrafts. Though it ceased operations in December 2021, its legacy continues...
