Century Properties to open iconic Century City Mall in 2013

MANILA, Philippines—Following its success in developing premium residential projects for the luxury, middle income and affordable markets, real estate firm Century Properties announced that it will open its first retail development in 2013 at Century City in Makati.

The Century City Mall is currently under construction within the property firm’s 3.4-hectare masterplanned development called Century City in Kalayaan Avenue, said Century’s Co-Chief Operating Officer and Managing Director Marco R. Antonio.

The five-storey mall has a gross floor area of 50,000 square meters. Three basement floors with 527 parking slots have been allotted for visitors’ parking and approximately 110 retail spaces are currently being leased out.

According to Antonio, the mall will serve as the neighborhood lifestyle center for Century City’s residents, tenants, employees and visitors, who are expected to number by the thousands. It will also be open to residents from nearby villages. The mall will have a supermarket and stores for essentials, concept shops, four cinemas, cafes and restaurants.

“In true Century Properties tradition, we have planned an entirely unique and different lifestyle experience for the visitors of Century City Mall,” Antonio said. “We understand that retail is an integral component of every mixed-use development, especially so when it has residential buildings. Similar to how we have incorporated innovation, quality and value to our other projects, we will seek to elevate the lifestyle experience a notch higher in our first ever retail development.”

The Century City development comprises the luxury residential towers Gramercy Residences, Knightsbridge Residences, the Versace Home-interior designed Milano Residences, Trump Tower at Century City and the outpatient medical building called Centuria Medical Makati. The completion dates of these buildings will start from December 2012 to 2016.

With 26 years in the business of real estate development, marketing and property management, Century Properties has completed 20 condominium buildings (4,128 units) with a total GFA of 548,262 sqm and is currently managing 51 properties as of December 31, 2011. Delivering differentiated, quality real estate has been Century Properties’ commitment in its almost three decades in the business of full-service real estate development, marketing and property management.

The company is listed in the Philippine Stock Exchange under the symbol CPG.

Originally posted: 3:04 pm | Tuesday, October 9th, 2012