Century City Mall, the newest retail development in Makati in nearly a decade, opens its doors today to the public.
The mall is the first retail development of listed real estate company Century Properties Group. It is located along Kalayaan Avenue, within the eight-building master-planned development called Century City, Makati.
The over P1-billon development expands the company’s portfolio to recurring income sources, with 17,000 square meters of the retail center’s net leasable space rented to over 100 tenants, including Rustan’s supermarket.
Known in the property industry for its portfolio of premium residences and partnerships with international brands, Century Properties said it aimed to pass on its 28-year tradition of building life-enhancing projects to its retail developments.
“We are bringing our experience and expertise in property development into this exciting new venture,” Century Properties co-chief operating officer Marco Antonio said. “With its exciting mix of tenants, Century City Mall is a good addition to the current roster of retail experiences in Makati City. We will work to continuously improve the shopping experience in our mall, and we look forward to opening more shops in the coming weeks.”
The mall has two entrances–one on Kalayaan Avenue near the corner of Salamanca Street and the other on General Luna St. coming from Makati Avenue. Valet services are available and three basement floors are open for visitors’ parking.
Century City Mall has a total of four 100 percent digital projection cinemas. Three high-end cinemas are equipped with 5.1 Dolby Surround Sound Systems, while one is a premiere cinema with 60 fully-automated leather seats and a 7.1 Dolby Atmos Surround Sound system.
The company said the mall would directly serve two of Century Properties’ completed Century City towers–the Gramercy Residences and the Knightsbridge Residences. It will also serve residents of the villages of San Miguel, Bel-Air 1 and 2, Urdaneta, Legaspi and Salcedo, visitors from Makati corporate offices, and even nearby office and residential centers.
Century City Mall carries a wide retail and dining mix of local and international shops, concept stores, and restaurants. Rustan’s Supermarket has located in the mall’s basement level.
Source: Manila Standard Today | February 17, 2014