According to David Wuson, corporate planning head of MC Mall Inc., the MC Mall group is planning several commercial development in Boracay and Ortigas.
MC Mall Inc. is investing around P1 billion to develop a 4.5-hectare commercial area in Ortigas which would be composed of three separate concept malls.
Likewise, the group has also worked out a deal with the Fil-Estate group to take over the development of a condotel on the Boracay resort Fairways and Blue Waters.
Details of the Boracay development, however, Wuson said, are still under wraps.
The Ortigas commercial development to be known as Silver City is set to be launched by June this year with the opening of the first-ever Auto Mall in the country, according to Wuson.
The Auto Mall is one of three concept malls with the other two malls being a Fusion Mall and a Wellness Mall.
The Auto Mall is being envisioned by the MC Mall group as the first ever venue that would house all of the local automotive manufacturers’ displays as well as automotive accessories.
The Fusion Mall, which is targetted to open six months after the Auto Mall, would house information technology (IT) and call centers as well as a mixture of retail and restaurant outlets.
The third mall would house wellness and healthcare facilities, gyms and spas and is scheduled for operation by 2007.
The MC Mall group is optimistic about its latest "one-stop, one-shop" concept after successfully pioneering the MC Home Depot.
The MC Home Depot gathered all construction suppliers under one roof to offer home builders a one-stop, one-shop outlet for all their construction needs.
The Auto mall concept, Wuson said, offers the same concept of providing car buyers a one-stop, one-shop center that would allow them to shop in one area and avail of banking and financing services, repairs, accessories, food and even entertainment while doing their business.