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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]
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 Business Park hosts residential areas such as Ayala Land developments mostly within the immediate vicinity of Ayala Center Cebu. Across the mall is Avalon Condo Cebu, a 21-story premium condominium complex. 1016 Residences, a 27-story condominium building, [6] offers 109 exclusive two to three-bedroom units. There are also limited edition ...
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 .
Ayala Malls Manila Bay: Parañaque: Luzon 400,000 m 2 [note 1] 2019 300+ 7 SM City Fairview: Quezon City: Luzon 312,749 m 2: 1997 700+ 8 Gateway Mall: Quezon City: Luzon 300,000 m 2: 2004 500+ 9 SM City Cebu: Cebu City: Visayas 268,611 m 2: 1993 500+ 10 Greenbelt: Makati: Luzon 250,000 m 2: 1988 300+ Glorietta: Makati: Luzon 250,000 m 2: 1991 ...
SM Seaside City in Cebu City. This is a list of notable shopping malls in the Philippines.The retail industry in the Philippines is an important contributor to the national economy as it accounts for approximately 15% of the country's total Gross National Product (GNP) and 33% of the entire services sector.
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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]