MEGAWORLD Corp., the property development arm of businessman Andrew Tan, opened three new retail outlets in Makati and Alabang as it expands its shopping area footprint beyond its usual township developments.
The company said it built a total of 26,500 square meters of new commercial and retail spaces during the last few months. These are located in San Lorenzo Place and Three Central in Makati, and The Village Square in Alabang. These are what the company called neighborhood commercial centers that provide necessities to those who live and work within the community.
San Lorenzo Place along Edsa corner Chino Roces Avenue in Makati City is a two-level commercial area that houses Shopwise Express for supermarket, National Bookstore, The Medical City Clinic, Watsons, McDonald’s, Tim Hortons, as well as other restaurants, coffee shops, health and wellness stores, and laundry shops, among others.
Three Central, meanwhile, is a two-level retail area located at the podium area of Three Central residential condominium along Valero Street in Salcedo Village, Makati.
It targets the residential and office communities of Salcedo Village and is anchored by Rustan’s Supermarket, restaurants and coffee shops and health and wellness shops.
On the other hand, the Alabang property is also a two-level shopping area that is within a short distance to some of Alabang’s and Parañaque’s upscale villages. Currently, it is home to SM Hypermarket, DIY Store and some popular restaurants and fast-food chains. It is also directly connected to a 12-level BPO office tower and a four-story parking facility.
“Smaller than the usual full-scale malls, [these retail areas] still bear the signature brand of our Megaworld Lifestyle Malls. They primarily cater to the surrounding communities of each location, providing accessibility to a variety of dining, shopping, wellness and service options,” said Kevin Andrew L. Tan, the company’s senior vice president for commercial division. Currently, Megaworld has 17 full-scale and community malls across the country.
Megaworld also recently opened its first full-scale mall outside of Luzon, the Festive Walk Mall in Iloilo Business Park, which offers 90,000 square meters of retail and commercial spaces.