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Being a private facility, it is situated inside the Meralco Center at Ortigas Avenue in Pasig. [1] The transformation of the JFCH into an integrated corporate wellness center made the Manila Electric Company the first corporation in the Philippines to institutionalize the implementation of such a program.
It is the first Ayala Mall in Ortigas Center as well as in Pasig and the first Ayala Mall to be managed by Mariana Zobel De Ayala. The mall opened on January 12, 2017. The mall was named "The 30th" as it is located at 30 Meralco Avenue.
In 1925, MERALCO was acquired by the utility holding company Associated Gas and Electric, which had begun a massive expansion throughout the United States and Canada. With AGECO's financial backing, MERALCO began acquiring a number of existing utility companies in the Philippines, enabling the company to expand beyond Manila.
The Meralco Theater was inaugurated on March 22, 1969. It was designed by Filipino architect José María Zaragoza and forms part of the larger Meralco Building, which was completed a little earlier. The 14-story building, theater and adjoining buildings form a landmark in the Ortigas Center CBD. [5]
Meralco Avenue is a north-south thoroughfare in Ortigas Center in Pasig, Metro Manila, Philippines. It links Ortigas Avenue in the north and Shaw Boulevard in the south and borders the western edge of Valle Verde in Ugong .
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Meralco was so large that many Filipino businessmen believed that its acquisition by a Filipino was nearly impossible. By 1960, Meralco was worth $66 million and served more than 360,000 customers. In 1961, Fortune Magazine cited that the company's operations and equipment were comparable to the best US power firms. [citation needed]