ALI – Macapagal Avenue Commercial Complex – Metro Manila - Project Profile
"ALI – Macapagal Avenue Commercial Complex – Metro Manila - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Ayala Land Inc. (ALI), a subsidiary of Ayala Corporation, is planning to build a commercial complex in Paranaque, the Philippines.
The project involves the construction of a commercial facility on 9.2ha land. It comprises a 600,000m2 shopping mall, a 12-story, 325-room hotel and office tower.
It also includes the construction of parking facility and the installation of elevators and safety systems.
ALI secured a 45-year land lease agreement for the 9.2ha property from the Wenceslao Group, owner of the Asean Business Park complex.
In April 2015, Paranaque City Zoning Board approved the zoning application submitted by ALI.
In May 2015, ALI submitted the application for the location clearance to the Paranaque City Council.
D.M. Wenceslao and Associates Inc has been appointed as developer.
Planning activities are underway.
The project involves the construction of a 600,000m2 shopping mall and hotel complex on 9.2ha land in Paranaque, the Philippines.
The US$270 million project includes the following:
1. Construction of a shopping mall
2. Construction of an office complex
3. Construction of a business process outsourcing center