ALI opens Fairview Terraces

MANILA, Philippines - Ayala Land, Inc. yesterday unveiled public Fairview Terraces, its latest mixed business and commercial development in Quezon City.

Fairview Terraces is a 5.8 hectare mixed –used development along Quirino Highway in Novaliches with 68, 700 square meters of lease space in its shopping complex and 10,000 square meters of lease area in its soon-to-rise corporate center.

Bearing Ayala Mall’s signature architectural and green design, the shopping and corporate center features gardens that lend a relaxing ambiance to alfresco dinning, an activity center for concerts and other activities and a business center that would open in the middle part of the year.

Ayala Land officials said care was taken in designing the complex to preserve the existing trees in the complex.

The shopping and dining complex offers a lively mix of 420 establishments that include popular foreign fashion brands such as Superdy and American Eagle to name a few, as well as home-grown apparel brands like Team Manila.

Dining options in the mall complex range from casual venues to concept restaurants.

The shopping complex also hosts a Puregold supermarket.

The Fairview Terraces Corporate Center promises to be a viable office address for professionals north of Metro Manila who are looking for a balance between work and play.

“This is our latest and one of our best developments,” said Ayala Land president and CEO Antonio Aquino during the mall launch yesterday.

Ayala Land has established a firm foothold in the mixed-use development in Quezon City with Trinoma in North EDSA, UP Town Center along Katipunan Avenue, and the UP-Ayala Land Technohub along Commonwealth Avenue.

For Fairview Terraces, Ayala Land partnered with Elimac Prime Holdings to develop the P5-billion mall and office complex.

The project proponents want to take advantage of Quezon City’s robust population and diverse economic strata.

“Quezon City is the largest city in Metro Manila. In the Novaliches area alone, there are around 200,000 households belonging to economic classes A,B,C,” said Ayala Land chief operating officer (COO) Bobby Dy.