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Metro Retail Stores Group Inc. (stylized as METRO Retail Stores Group Inc., shortly known as Metro Retail or Metro) is a retail company based in Mandaue, Cebu, Philippines. According to a 2014 report by Euromonitor , Metro is the largest operator of department stores and hypermarkets in the Visayas region, as well as the second largest ...
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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]
In the 1970s, Modesta Singson Gaisano established White Gold Department Store in Cebu City.After her death in 1981, her five sons—David, Stephen, Henry, Victor, and John—pursued their respective retail operations. [1]
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 Center Cebu is a large shopping mall owned by Ayala Malls at the Cebu Business Park in Cebu City, Philippines. It is the first Ayala mall located outside of Metro Manila . It opened in November 1994, one year after their rival mall, SM City Cebu opened.
The development features for the Cebu Business Park were incorporated into the 1990 zoning ordinance of Cebu City. Land development work on the business park was completed in 1992. [ 3 ] The very first building to rise in the park was the Cebu Holdings Center, an office condominium nine stories high, followed by Ayala Center Cebu in 1994, and a ...
Plans for a second SM Supermall in Cebu were already in place as early as 2007, [2] with the Cebu City government-owned South Road Properties seen as a potential location. In 2009, SM Prime Holdings formally submitted an offer to acquire 28 hectares of land in the South Road Properties, with plans to develop a mall and other mixed-use developments for ₱20 billion over 15 years, [3] with the ...