Ascott to operate Double Dragon serviced apartment development

George Sell George Sell Uploaded 21 June 2017

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Philippines: Developer Double Dragon has appointed Ascott to operate serviced apartments in the Manila suburb of Pasay City.

Ascott-DD Meridian Park Manila will sit on a 5,567 square metre lot within the 4.8-hectare complex and is expected to feature more than 300 luxury serviced-apartment units.

"The location of the upcoming Ascott-DD Meridian Park Manila is ideal for the project, given its close proximity to the Manila domestic and international airport, the Department of Foreign Affairs, the Mall of Asia and Entertainment City," the company said.

Construction of Ascott-DD Meridian Park Manila is set to break ground within the year and is expected to be completed and operational by 2020.

The 4.8-hectare DD Meridian Park will consist of eight towers. The first phase of four towers, named DoubleDragon Plaza, is targeted for completion by the last quarter of 2017, while the second phase, composed of the east and west towers, will be completed by the last quarter of 2018.

The development of Ascott-DD Meridian Park Manila is the third phase of the complex.

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