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Real Estate

Araneta Center fast-tracks redevelopment

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Araneta Center, known as the country’s premiere shopping and entertainment hub, is currently fast-tracking the fulfillment of its 20-year Redevelopment Master Plan aiming to secure its status as the total lifestyle destination at the heart of the metro. Among the projects on the rise include a hotel development; the renovation of Ali Mall, the country’s first shopping mall; the expansion of the upscale Gateway Mall; the construction of additional Cyber Park buildings along with the first transit-oriented residential development in the Philippines. One of Araneta Center’s anchor tenants, SM Department Store, is also giving their outlet a major facelift, with a project cost of P1 B, to complement all the major developments in the busy vicinity.

Garden inspired, transit-oriented

The Araneta Group forges a partnership with Megaworld Properties—developers of the country’s most successful techno-residential centers like Eastwood City and the IBM Plaza—to create a mixed-use complex that’s set to give a whole new meaning to the concept of a lifestyle center. Manhattan Garden City is the first of its kind in Philippine real estate as the transit-oriented project will be the first to offer the convenience of getting the best out of the shopping and dining experience as well as proximity to all the major destinations of the metro via the two major light rail transit systems—the MRT 3 and LRT2—directly connected to the Araneta Center.

The mixed-use development, composed of 20 residential towers, will also be the first to incorporate garden-style landscaping in its three-story elevated walkways directly connected to Gateway Mall. It is one of the project’s unique features that is designed to make walking to the transit lines and around the Araneta Center as leisurely as a stroll through a park, further enhancing the new urban experience. Occupying 5.7 hectares within the Araneta Center, Manhattan Garden City’s first phase has already begun with the construction of Manhattan Parkway, composed of three towers of executive studios as well as residential suites. Apart from offering a majestic view overlooking Manila Bay, Manhattan Parkway will also offer leisure amenities such as a fitness station, a spa, a gym, and jogging trails. It will also serve as the gateway to a myriad of different lifestyle and traffic-free travel options.

ALI MALL

ARANETA CENTER

ARANETA GROUP

CENTER

CYBER PARK

DEPARTMENT STORE

EASTWOOD CITY

GATEWAY MALL

MANHATTAN GARDEN CITY

MANHATTAN PARKWAY

MANILA BAY

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