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Old December 8th, 2009, 07:01 PM   #1
diehardbisdak
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MANDAUE | J Centre Mall [3F|com]

SM HYPERMART IN MANDAUE CITY!!! ....a busy 2010 indeed!


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Originally Posted by rustyboi View Post



New mall in Mandaue
Sun Star Online
9 December 2009


THE FIRST mixed-use commercial development on A.S. Fortuna St. in Mandaue City broke ground yesterday to officially start its construction.

J Mall is also the first venture of Everjust Realty Development Corp., a family corporation headed by Justin Uy, founder and president of food processing company Profood International Corp.

For updates from around the country, follow Sun.Star on Twitter

Uy said the company decided to use the name J Mall so it will be easy to remember, especially by tourists who don’t speak English.

The letter J also stands for the names of the Uy brothers, who all have a role in the corporation.

The two-story J Mall sits on a 3.2-hectare property that used to be the manufacturing compound of Royal Match before it was foreclosed.

“Our company wants to be the engine, the missing link for economic revitalization in this side of Mandaue City,” Uy said.

Uy did not disclose how much the company would invest in the project, but he said the financing is backed by Banco de Oro.

Construction of the project is expected to be completed in two years.

During the peak period of its construction phase, which will be in February, the company may hire 2,000 people, said Harrisson Pow of HS Pow Construction and Development Corp., J Mall’s managing contractor for the project.

Once the mall starts operations not later than October 2011, it will also provide more job opportunities to Cebuanos.

Since most companies located on the A.S. Fortuna St. stretch are industrial firms, J Mall will provide the commercial and leisure component of the district, he said.

Uy said the total usable floor area of the project is 92,000 square meters, 7,000 of which have been set aside for its anchor tenant, SM Hypermart.

The company is negotiating with other possible tenants through a Manila-based consultancy firm. The mall will have space for 271 outlets.

Aside from this, the mall will have space for lease for a contact center. The one-hectare space for the contact center can accommodate at least 1,500 seats.

Negotiations are also ongoing between J Mall and various business process outsourcing (BPO) companies. Uy said that talks have been opened with BPO players already in Cebu and those that are yet to expand operations here.

J Mall will also have a two-level basement parking that can accommodate 800 cars.

The second phase of the project, to start on its third year of development, will include the building of two towers that can be made into a hotel or serviced apartments.

But Uy said the concept for the two towers may still change, depending on the progress of the development.

Everjust Realty Development Corp. is also looking at acquiring more properties since it plans to venture into more commercial developments.

Published in the Sun.Star Cebu newspaper on December 9, 2009.
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Old December 9th, 2009, 05:38 AM   #2
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uY.. naa na diay thread.... abtik jud ni ang si @ diehard... mao ni naka master nya...... hehehehehe


The good thing for this mall......... is it is just across our residence and office......
We dont have to go to Parkmall na to have our groceries............... Yeheyyyy!!!


It also have a highrise component with its planned 2 towers................

This is indeed a surprise, because these projects passed the proverbial eye of SSC-Cebu forumers..................

More of these kind or bigger than this project may soon be unfurled....

And the best thing is, the Cebuano businessmen are taking the lead in Cebu's Development.....
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Old December 9th, 2009, 05:40 AM   #3
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Kusog pa man alas kuatro bai..
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Old December 9th, 2009, 06:46 AM   #4
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ikaw official lakawboy ani nga project henz ha. hahaha
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Old December 9th, 2009, 07:06 AM   #5
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related article...from Cebu Daily News


kudos to Cebuano businessmen! by the way, they are the owner of these products...





source: www.profoodcorp.com




Exporter launches real estate project
By Aileen Garcia-Yap
Cebu Daily News
12/09/2009


A successful exporter of processed tropical fruit products has just launched his first commercial property development in Mandaue City.

Justin Uy of Everjust Realty and Development Corp., who also owns Profood International Corp., said he decided to put up the establishment on A.S. Fortuna Street in Mandaue City because he saw the potential of the area.

“The area is like an accessway from the airport to other areas and if you go to Banilad area, it is very congested already. The reclamation area already has malls so we see great potential for this property,” Uy said during the groundbreaking ceremony of JMall held yesterday in what used to be the site of the Royal Match Compound.

According to Uy, JMall will be a mixed use commercial property that will house a three-story mall, an office space for call centers, and two towers for a hotel and an apartelle or condominium building.

“The land area of the whole property is at 3.2 hectares. This is a five-year project: two years will be dedicated for building the mall or phase one, and the remaining three years will be for the hotel and apartelle. However these plans might still change, especially the hotel which is dependent on tourist visits.”

The lot area for Phase 1 covers 92,000 square meters with 7,000 square meters area dedicated to SM Hypermart which will be their anchor tenant. “There will be about a hectare floor area dedicated for call center office space that is right on top of SM Hypermart or the second level of the building.”

According to Uy, they are already negotaiting with call center companies both existing in Cebu and new players who only have offices in Manila. “They did not commit yet because they will need at least a year's time and we have to develop the area for two years. So maybe next year.”

Uy added that the mall will house 271 shop areas for lease with 800 slots for car parks including covered and basement parking. “We are targeting before October 2011 to turn over the shop areas to tenants,” said Harrison Pow of HS Pow Construction and Development Corporation, a partner in developing the property.

According to Uy, it took them two years to plan the development of the area, which they believe will not only be another commercial establishment but a catalyst for economic development. It will create more job opportunities and promote new economic activity.

“Hopefully this will create a different kind of activity in the area because of the mall.”

Pow said that at the moment, they have hired a few hundred people for the construction of the area and will expect to add more, up to 2,000 people at most by February 2010.

Pow added that once the first phase is done, they expect more jobs to be generated with the opening of call centers which will require at least 1,500 seats.

Uy said they have more property development plans which will involve commercial establishments which allows continuous business compared to developing residential properties.
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Old December 9th, 2009, 07:07 AM   #6
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^ inconsistent ang news...Freeman says 2F while CDN says 3F...
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Old December 9th, 2009, 07:26 AM   #7
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We will just wait for the final rendering.. I will post pictures once naa na dire.......
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Old December 9th, 2009, 07:28 AM   #8
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Justin Uy and his family are owners of the Profood Corporation, the Philippine's largest processed food exporter and Kia Motors Philippines....

They also have other business interests in Davao.
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Old December 9th, 2009, 07:50 AM   #9
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Quote:
Originally Posted by diehardbisdak View Post
^ inconsistent ang news...Freeman says 2F while CDN says 3F...
Sun Star 'tong 2F story, dili Freeman. He he he he.
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Old December 9th, 2009, 07:55 AM   #10
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^ my bad...sorry bai, i meant Sunstar...heheh!
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Old December 9th, 2009, 08:07 AM   #11
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Ok ra bay no probs, he he he he. Nag-review man gud ko sa Freeman karon and wondered why we never have that report. The business section will have a lot of explaining to do.
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Old December 9th, 2009, 10:26 AM   #12
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Murag promising ang design. naa picture sa CDN
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Old December 9th, 2009, 10:37 AM   #13
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Congrats Mandaue!!
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Old December 9th, 2009, 10:45 AM   #14
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Quote:
Originally Posted by Hiroshima View Post
Murag promising ang design. naa picture sa CDN
bai, can you scan the pic and post it here? thank you...i hope na-ay SSC-Cebu forumer nga nakapalit og CDN's issue today...
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Old December 9th, 2009, 11:28 AM   #15
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yeah pls scan and post the rendering... i'm not demanding hehehe...
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Old December 9th, 2009, 11:59 AM   #16
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Renderings on today's Cebu Daily News!

A well-designed mall and 3 towers, at least 20 storeys each!

will post it later after dinner.
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Old December 9th, 2009, 12:28 PM   #17
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I took this photo from Cebu Daily News, Dec. 09, 2009

J Mall


Is the left side for parking? Looks like 4 floors with low ceiling. It's more probable that the shopping mall is 3 floors.

and approximately 21 floors for the hotel tower! (reminds me of Crown Regency Tower)
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Old December 9th, 2009, 01:31 PM   #18
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wow! that's very very nice! looks really promising!
thanks bai! i'm sure a colored version will come soon 'cause the rendering is already at the site! ahh... @henz? hehehe
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Old December 9th, 2009, 01:51 PM   #19
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another fuente tower versions. he he
christmas gift project for cebuanos.
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Old December 9th, 2009, 02:51 PM   #20
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Quote:
Originally Posted by rustyboi View Post
Is the left side for parking? Looks like 4 floors with low ceiling. It's more probable that the shopping mall is 3 floors
...basin underground lang gyud ang parking...considering sa lote nga 3.2 hectares lang, i don't think maka-provide pa sila'g space para sa surface parking
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