Century Properties Group, Inc. has opened Century City Mall, the listed property firm’s first retail development within the master-planned development Century City in Kalayaan Avenue, Makati.
This retail development, with a construction cost of P1.4-billion, is the newest mall to open in Makati City in close to 10 years and is called the Mall of Modern Makati for its unique architecture and a good mix of Filipino and global retail and dining establishments.
“Century City Mall serves as an exciting new complement to the current retail centers in Makati City. The general reception during our soft launch last month showed that people are very much open to new retail concepts and are excited to see a public space that is architecturally distinct,” said Mr. Graham Coates, the General Manager of Century City Mall.
At the mall’s ribbon cutting ceremony on Monday, Coates was joined by Century Properties Executive Chairman of the Board Jose E.B. Antonio and wife Ms. Hilda Reyes Antonio, President and CEO Marco R. Antonio, Makati City Mayor Jejomar Erwin Binay, Jr. and Rep. Monique Lagdameo of the First District of Makati.
Century City Mall is one of four developments that Century Properties has scheduled for completion in 2014, along with with the recently-turned over St. Tropez tower and Paris Beach Club at the Azure Urban Resort Residences in Parañaque City, and Centuria Medical Makati, which will be completed by the end of the year.
Century City Mall is a key addition to the company’s 3.4-hectare master-planned Makati development, Century City, which is home to Century Properties’ upscale high-rise residential and office structures — the Gramercy Residences, Knightsbridge Residences, Milano Residences, Trump Tower, Century Spire and the IT-medical outpatient building Centuria Medical Makati.
The five-level lifestyle center has a gross floor area of 50,000 square meters and 17,000 square meters of net leasable space, of which 99% has been leased out.
Century City Mall forms part of Century Properties’ pipeline of projects that are expected to transform the Company from being a premier residential developer to a more diversified property company that will have significant recurring revenue streams in the near to mid-term.
Century City Mall is accessible via Kalayaan Avenue near the corner of Salamanca Street, as well as General Luna Street coming from Makati Avenue (near A Venue). Valet services are available and three basement floors are open for visitors’ parking.
Free Wi-Fi service is available throughout the mall.
One of Century City Mall’s main draws on its third level is its four 100-percent digital projection cinemas, one of which is the Premiere Cinema equipped with 60 fully-automated leather seats, and a 7.1 Dolby Atmos Surround Sound system. This is directly connected to the Premiere Lounge — a space for cocktails and parties with optional butler service.
The al fresco dining center at Century City Mall’s fourth level is also worthy of note. Designed with a green wall, space promotes natural ventilation and vegetation that filter the air and reduce the local temperature. Its centerpiece is a fully interactive multimedia water spectacle, which will showcase fully programmed, choreographed music, light, and water shows once daily and twice on weekends.
The entire fourth and fifth levels open up to generous views of bustling Makati. Breathtaking views can be further enjoyed at the Century City Mall Events Center on the fifth floor, where the Makati skyline can be seen from the event venue’s floor-to-ceiling glass design. The Events Center is now accepting reservations for corporate events and special occasions.
Known in the property industry for its portfolio of premium residences and partnerships with international brands, Century Properties said it aims to pass on its 28-year tradition of building life-enhancing projects to its retail developments.
Coates added: “Century City Mall is proof of Century Properties’ commitment to building quality spaces that people will enjoy, passing on its tradition of innovation from residential concepts to retail properties. We will keep improving the experience in our mall as we continue to open more stores in the coming weeks.”
Source: Manila Bulletin | March 27, 2014