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It opened in November 1994, one year after their rival mall, SM City Cebu opened. For more than 20 years, it was the only Ayala Mall to bear the word Ayala in its name until Ayala Malls Serin opened in March 2015. [1] On an average day, more than 85,000 people visit Ayala Center Cebu, with the figure increasing to 135,000 on weekends. [2]
Cebu Holdings, an affiliate of Ayala Land, is currently responsible for the development of Cebu Business Park. Integrating business, residential, sports, recreation and leisure facilities, the centerpiece of the business park is the 9-hectare Ayala Center Cebu shopping mall, which draws 60,000 shoppers daily.
Also located adjacent to the mall's complex is a Seda Hotel and two office buildings, with the whole Central Bloc complex serving as Ayala's mixed-use development centerpiece of the business park, similar to its larger neighbor Ayala Center Cebu, which is located in the center of the larger Cebu Business Park that is just nearby. [10] [11]
Ayala Malls Central Bloc is a large shopping mall in Cebu IT Park developed by Cebu Holdings Incorporated, becoming the second Ayala Mall in Cebu City, Philippines in 25 years since the opening of Ayala Center Cebu [2] [3] and its fifth regional mall in Visayas and Mindanao. It has a gross leasable area (GLA) of 45,000 square meters. [4]
Ayala Malls is a retail subsidiary of real estate company Ayala Land, an affiliate of Ayala Corporation. Founded in 1988, [ 1 ] Ayala Malls owns a chain of large shopping malls, all located in the Philippines .
Cebu City, officially the City of Cebu (Cebuano: Dakbayan sa Sugbo; Filipino: Lungsod ng Cebu), is a highly urbanized city in the Central Visayas region of the Philippines. According to the 2020 census, it has a population of 964,169 people, [ 8 ] making it the sixth-most populated city in the nation and the most populous in the Visayas and in ...
The South Road Properties (SRP), also known as the South Reclamation Project, is a 300 ha (740 acres) reclamation area in Cebu City, Philippines.The area, which is reclaimed from Mactan Channel, is located off the coast of the southern district of Cebu City, near Barangays Mambaling, Inayawan, and Pasil.
Ayala Corporation (Spanish: Corporación Ayala, formerly Ayala y Compañía; lit. ' Ayala & Company ' ) is the publicly listed holding company for the diversified interests of the Ayala Group. Founded in the Philippines by Domingo Róxas and Antonio de Ayala during Spanish colonial rule , it is the country's oldest and largest conglomerate .