MEGAWIDE Construction Corp. assured that no single vendor in the Carbon Public Market will be displaced once the construction for the redevelopment of the market will take place.
Louie Ferrer, Megawide Construction Corp. chief corporate affairs and branding officer, said that the Unit 2 Building will be refurbished, which will then serve as the temporary facility where vendors can sell.
He also assured that, despite the redevelopment, the market fee will not increase. He said that should there be a need to increase it, it will go through the Cebu City Council for review first.
The groundbreaking for the redevelopment of Carbon is scheduled for March. It will take place at the Senior Citizen's Park.
The renovation of the Unit 2 Building will then follow starting May until September.
Once the renovation of the Unit 2 building will be completed, which can accommodate up to 700 vendors, the vendors from the Warwick Barracks and Freedom Park will be transferred there.
After the vendors will be transferred, the construction for the first phase will proceed.
Based on the timeline presented by Megawide:
• The land terminal will be the first to be established by the third quarter this year.
• The Puso Market and the Santo Niño Park are both set to be completed by the fourth quarter this year.
• The ferry terminal is scheduled to be established by the fourth quarter of 2022.
• The new building of Carbon Market will be completed by the fourth quarter of 2023.
• Other blocks, from Block 1 to Block 6, will be completed by the fourth quarter of 2024. (JJL)