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Alphaland opens private leisure club in Makati

Firm may limit initial sale to 2,000 shares

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Upscale property developer Alphaland Corp. has opened the newest private leisure club in the metropolis, The City Club, an integral component of its mixed-use complex along Ayala Avenue Extension.

The two-hectare The City Club, which occupies the top three floors of the six-storey podium of Alphaland’s Makati Place, is being pitched as a “prime destination for Makati’s elite and discerning crowd.”

“I’m not trying to put down any other club but our club has more facilities than any other club in Makati, in BGC and anywhere else in the Philippines and we are so proud of it,” Alphaland president Mario Oreta said during the launching ceremonies Thursday night.  The guest of honor during the opening was Vice President Jejomar Binay.

As of the opening date, the new club had 750 members, Oreta said in an interview.

The City Club is selling shares at P1.5 million each, but guests who attended Thursday night’s launch was offered shares at P1 million each only for that night. Some of the guests were also members of Alphaland’s other high-end leisure estate projects such as the island-resort club Balesin and the upcoming Yacht Club Marina.

The club has an authority to sell up to 5,000 shares. “But we won’t sell that much,” Oreta said, adding that the club may initially sell 1,500 to 2,000 shares.

As of Thursday night’s opening, two-thirds of the club’s facilities were operational. The remaining floor has been completed but not yet opened.

On top of the podium will rise three towers, two of which will be a high-rise condominium with 750 units. “The third tower will be a high-end boutique hotel,” Oreta said, adding that the complex also would also include a shopping mall.

Most of the restaurants at the private club are located on the fourth floor, including Sakura by Edo-San, A Taste of France by Chef Sau, Costa Del Sol, Mona Lisa Ristorante, Mark’s Prime Ribs, Salathip and Hai Shin Lou. Aside from the restaurants, the club has the Bar and Game Room, Tabacalera Cigar Divan and The Tea Room.

All three floors are intended to cater to its members’ business, lifestyle and fitness requirements. It has a state-of-the-art athletic complex, including indoor tennis, basketball, squash and badminton courts. It also has a wellness spa, a landscaped pool, jacuzzi areas and a playground for children. Private meetings or events can be conducted by members in its full-service function rooms.

It was earlier reported that the whole Makati Place project will cost more than P8 billion to build, including the three high-rise towers and the shopping mall.


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Tags: Alphaland , Business , Makati



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