In two years' time, the bor­ough of Ch­agua­nas will be twice as busy than it is to­day, if the projects planned for land north of the cen­tral town­ship are any­thing to go by. Of­fi­cials of the Ch­agua­nas Bor­ough Cor­po­ra­tion and busi­ness peo­ple have con­firmed there are plans to de­vel­op com­mer­cial ac­tiv­i­ty, in­clud­ing a branch of a well-known su­per­mar­ket, a bank and shops, on the prop­er­ty north of Price Plaza in Ch­agua­nas.

Price Plaza, which opened more than three years ago, in­cludes PriceS­mart, Sco­tia­bank, Pay­less Shoe Source, TGI Fri­day's, Fran­cis, Mi­cles, Toy­mart Inc, Nigel R Khan, a food court, Piz­za Hut, Ru­by Tues­day, Kristi­na's, etc. Op­po­site to Price Plaza is the Movi­eTowne Com­plex.

There was com­mer­cial ac­tiv­i­ty in the area be­fore Price Plaza set up shop. South of Price Plaza are the AM­CO com­plex and the Guardian Me­dia Ltd build­ing, which are both part of the ANSA McAL Group. And next to the Guardian build­ing Bhag­wans­ingh's hard­ware.

The land has been cleared for sev­er­al weeks now, but one Ch­agua­nas busi­ness­man, who did not want to be iden­ti­fied, said ne­go­ti­a­tions for the sale of the 20-acre par­cel of land, which is owned by the de Ver­teuil es­tates, are still on­go­ing. The busi­ness­man said a re­al es­tate agent has been call­ing oth­er busi­ness peo­ple ask­ing them if they are in­ter­est­ed in pur­chas­ing lots, which are go­ing at $300 per square foot, or $12 mil­lion an acre.

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