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Old January 2nd, 2006, 12:23 PM   #1
pau_p1
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Araneta Center Redevelopment Plan [mix]

I think there should be a thread for this... I remember a few years back of a rendering of this plan... can't find it though in the net so far.... anyways.. let me post an old article about this... and the article posted by sinjin in the proposal thread... if anyone has a copy of that rendering please post it here..

if there is an existing thread for this long back.. feel free to merge it there..

-----------------------------

http://siamfuture.com/asiannews/asia...xt.asp?aid=467

RP: Redevelopment plan bared for Araneta Center (Oct 17, 00)

AFTER lagging behind the development craze that has swept Metro Manila, the Araneta group yesterday unveiled a multi-billion master plan to redevelop its 35-hectare Araneta Center in Cubao into a mixed-use commercial, entertainment and residential complex.

Araneta group president and chair Jorge Araneta told reporters during yesterday's presentation of the 20-year master plan that the first phase of the project alone would cost P10 billion and that the group was negotiating with possible strategic partners for the project.

"We're talking to at least three groups, both foreign and local, for Phase I. We expect to conclude the negotiations within the next three months," Araneta said.

He said the first phase of the 20-year development plan, which was expected to be completed within the next two to three years, would cover the retail and entertainment component. This phase has already started with the renovation of the Araneta Coliseum and Farmers' Plaza.

Half of the P10-billion estimated project cost for Phase I of the redevelopment, he said, would be financed through internally generated funds. The rest was expected to come from borrowings and cash infusion from the strategic partner.

In a separate interview, Araneta Center Inc. senior vice president for operations Antonio Mardo said the Araneta group was talking to big retailers from Europe, US and Asia as possible partners for Phase I.

Once completed, the Araneta Center's retail facilities would make it one of the world's largest shopping center complexes, with an area of 972,000 square meters, according to the Araneta group's redevelopment consultants.

Aside from retail and commercial areas, Phase I also covered the construction of office and residential buildings, a 400-room business hotel that would be complemented by open spaces and parks.

"The Center will become a major shopping and entertainment destination. It will combine a multi-story mall surrounding a renovated coliseum, hotel facilities and the Manila Tower, and will synergize with surrounding office and residential development to create an exciting environment with animated street life," the company statement said.

Mardo said the new projection was also aimed to become the central business district of Quezon City.

Asked why the group took so long to redevelop the Araneta Center, which used to be the central shopping district of the metropolis before the aggressive expansion of the SM and Ayala groups, Araneta said they had waited for the mass transportation development in Edsa before executing the ambitious master plan.

The Araneta Center, which was established by the Araneta family 40 years ago, is strategically located at the crossroads of the metropolis' two busiest light railway systems MRT-3 and LRT-2 as well as the two busiest thoroughfares Edsa and Aurora Boulevard.

Araneta said the new Araneta Center would devote 54 percent of its space to office and mixed-use complex, 26 percent to retail and entertainment and 20 percent to residential purposes.

Mardo said it is hoped that the redevelopment would allow Araneta Center to regain the high-end market share it lost to other commercial development like the SM and Ayala mall groups elsewhere in the metropolis.

"But we won't abandon the market which has been faithful to us through the years," he said.

The second phase, meanwhile, would cover the office and residential development, while the rest of the project, including the information technology center, would fall under the third phase of development.

Araneta Center tapped Palafox Associates Phils. as architect and urban planner for the project. RTKL International Lld. USA was hired as master planning consultant, Jones Land Lasalle of Hong Kong as retail consultant and Colliers Jardine of Hong Kong as property consultant.
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Old January 2nd, 2006, 12:24 PM   #2
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c/o sinjin..

-----

Another Giant Mall, in the next 4 years,
now, in the heart of Quezon City


Araneta Center Inc., now under the leadership of Jose’s son Jorge, intends to regain the center’s former glory. And then some. In the next four years the company plans to complete a 3.5 million-square-foot mall (325,160 square meters), which will connect directly to the two mass transit railway terminals outside the center, and to build nearly 900,000 square feet of offices, a hotel and apartments.

The planned seven-level shopping center, called the Millennium Mall, is to be built around the recently renovated stadium, with 500,000 square feet of shopping on each floor. Besides offering a range of American and European stores new to the Philippines, it will house 366,000 square feet (34,0002 square meters) of entertainment tenants, including a full-size ice skating rink, a multiplex cinema and IMAX theater, a bowling alley and a children’s and family entertainment center as well as other attractions, said Solomon.


The owners also are considering building an additional, 200,000-square-foot mall (18,580 square meters), which they want to call Manhattan Mall, with housing on top.

Araneta 20 year masterplan costs P66.25B ($1.25B)

Under a $1.25 billion 20-year master plan, the company intends to turn it into a virtual city within a city, with the development of about 4,000 housing units, additional office and retail space and a giant communications structure — the Manila Tower — that will rival Paris’s Eiffel Tower in height, he said. Offices will be wired with the latest in communications technology.
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Old January 2nd, 2006, 12:30 PM   #3
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A more recent article from the Q.C. thread:


MANILA PROJECT’S ROUND 2: HEAVYWEIGHT EXPANSION

By Edmund Mander

The Araneta family, which built the stadium where Muhammad Ali beat Joe Frazier in 1975, is planning another “thrilla in Manila,” this time with a giant expansion of its retail-entertainment complex.

Covering 86 acres in the heart of Metro Manila, Araneta Center already is one of the largest retail entertainment mixed-use centers in the Philippines, with its 700,000-square-foot Ali Mall, another 650,000-square-foot shopping center next to an open-air farmers’ market, the 20,000-seat Araneta Coliseum and a 22-story office building.

But Phase 1 of the expansion alone will more than double the leasing area of Araneta Center, which lies on the south side of Quezon City, one of 17 cities and municipalities that make up metro Manila. Contractors are breaking ground on a giant new shopping center, office towers and a hotel.

Its combination of location — the complex will be served by two mass transit stations, a bus station and a convergence of major roads — and content will make Araneta Center the Philippines’ primary shopping destination, according to Robert Solomon, president of Robert Solomon & Associates, a veteran of the U.S. shopping center industry who has been involved in Araneta Center almost since its inception.

“We’ve got the north, the south, the east and the west converging on the center,” said Solomon, whose Tarzana, Calif.-based retail and property development consulting firm is one of several international companies working on the project. Others include the Los Angeles office of RTKL, a U.S. retail design company; U.S.-based retail consultants Jones Lang LaSalle; and Hong Kong-based property services company Colliers Jardine.

Araneta Center, the brainchild of Jose Amado A. Araneta, was groundbreaking back in the 1960s, and not just for the Philippines. The Coliseum, popularly known as “The Dome,” was the biggest in the world and a dramatic centerpiece of the mixed-use complex. Ali Mall, named after the famous boxer, was the first enclosed shopping center in The Philippines when it opened in the 1970s, and it was located catty-corner to a 265,000-square-foot entertainment center called Fiesta Carnival, making Araneta the first retail entertainment center in the world, according to Solomon.

“He had the No. 1 center in the industry,” Solomon said. “I don’t believe there was another shopping center in the world that had this level of retail and entertainment tied into one center.”

However, in more recent years, with the complex overshadowed by the development of other business districts, Araneta Center has lost some of its stature, and in places is run-down and poorly lit.

“It’s a little tired,” Solomon admitted.

But Araneta Center Inc., now under the leadership of Jose’s son Jorge, intends to regain the center’s former glory. And then some. In the next four years the company plans to complete a 3.5 million-square-foot mall, which will connect directly to the two mass transit railway terminals outside the center, and to build nearly 900,000 square feet of offices, a hotel and apartments.

The planned seven-level shopping center, called the Millennium Mall, is to be built around the recently renovated stadium, with 500,000 square feet of shopping on each floor. Besides offering a range of American and European stores new to the Philippines, it will house 366,000 square feet of entertainment tenants, including a full-size ice skating rink, a multiplex cinema and IMAX theater, a bowling alley and a children’s and family entertainment center as well as other attractions, said Solomon.

But the expansion of Araneta Center will not end there: Under a $1.25 billion 20-year master plan, the company intends to turn it into a virtual city within a city, with the development of about 4,000 housing units, additional office and retail space and a giant communications structure — the Manila Tower — that will rival Paris’s Eiffel Tower in height, he said. Offices will be wired with the latest in communications technology.
Phase 1 of the expansion of Manila’s Araneta
Center will more than double its leasing area.

The owners also are considering building an additional, 200,000-square-foot mall, which they want to call Manhattan Mall, with housing on top.

Araneta Center Inc., which built, owns and manages the center, is one of several companies in the Araneta Group. Others include Progressive Development Corp., which incubates new businesses; Philippine Pizza, which owns and operates 81 Pizza Hut restaurants across the country; and United Promotions, which runs leisure and entertainment facilities. But Araneta Center is the jewel in the family’s crown, and its renovation and expansion reflect the modernization of the Philippines as a whole, as the country opens its markets to the world.

The center is ideally located to draw traffic, sitting next to two of the city’s busiest avenues — Epifanio Delos Santos Avenue and Aurora Boulevard — and is surrounded by medium-to-high density housing, as well as several universities and colleges. There are 10 million residents in metro Manila, and up to 800,000 people visit the center on weekdays and a million a day on weekends.

The mass transit stations put it just a few minutes ride from other major business districts, including Makati, home of nearly all major Philippine corporations’ headquarters, some of which have been partly responsible for eclipsing Araneta Center in recent years.

The company also intends to broaden the center’s appeal with new tenants. Ali Mall is anchored and leased by local tenants, including the 840,000-square-foot Shoemart store built in 1979, Rustans supermarket and department store, a bookstore and many other moderate price-level stores. Millennium Mall, which will house about 750 retailers, will bring in stores from the United States, Europe and Japan, taking advantage of trade reform legislation passed last year that lifted a ban on overseas retail chains. There will be stores selling fashion, household merchandise, books, music, toys, sporting goods, hardware and computers, as well as more than 100 tenants offering food and beverages, including Starbucks, McDonald’s and Jollibee, a Philippines-based fast-food restaurant. The company is in talks with Wal-Mart, which is scouting around for its first location in the Philippines, and also is eyeing Carrefour, J.C. Penney and tenants like Old Navy, Solomon said.

“To me this is a great challenge, a great opportunity,” he said.

Araneta Center Inc. is off to a running start with the center’s revitalization, having already renovated Araneta Coliseum, one of the center’s original structures, which opened in 1960. Today it is a venue for a range of sports, entertainment and community activities, including family shows, religious gatherings — Pope John Paul II addressed an audience there — basketball tournaments and international cockfighting derbies.

Farmers Plaza, a mall attached to one of the transit stops, was built in 1969 and rebuilt in 1988. A five-level complex, it was expanded and renovated last year, and today offers 647,000 square feet of retail and a food court.

Next to it is the Farmers Market, with 700 stalls offering vegetables, meat and seafood. “People from all walks of life living in and around Manila shop here,” Solomon said, describing the Farmers Market as the cleanest fresh food market in the country.

A lot of work also will go into the center’s public spaces during Phase 1, making Araneta Center a lot more pleasant to walk around; currently, like much of the rest of Manila, it is choked by vehicles of all sorts, from Jeepneys — WWII style Jeeps converted into long-wheelbase taxis — to cars and buses. While architects are not about to challenge the motor vehicle’s tyranny at street level, they are going to lift pedestrians clear of the chaos below by constructing a vast walkway connecting the center’s various components, complete with trees and benches.

“You’ll be greeted by a pedestrian-friendly retail experience that has a series of garden spaces,” said John Tindall, associate vice president and project manager at RTKL for the Araneta Center contract. “We are trying to do something that’s pretty cutting edge.” Pedestrian walkways will connect directly to Farmers Plaza and Shoemart, he added. “The whole shopping center will essentially be lifted above the street,” said Sudhakar Thakurdesai, a former senior vice president at RTKL who worked on the project.

The pedestrian area and the mass transit connectors also will help neutralize the traditional disadvantages of a multilevel center by connecting with the mall’s third and fourth stories, Solomon said.

“They’ll be several ground levels,” he explained.

RTKL also is ascribing themes to the various levels, putting entertainment on the top two floors, for example, and dedicating two other levels to fashion, explained Darryl Yamamoto, RTKL’s lead designer on the project.

Phase 1 is expected to take about four years to complete. When it is done, the renovation’s impact will be felt well beyond the extensive boundaries of Araneta Center, those involved in the project say.

“Our vision was to create a gateway to Quezon City,” Thakurdesai said. “The location is unique, and when this is done I really think this is going to become a gateway and an icon.”

http://www.icsc.org/srch/sct/current...01/page48.html
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Old January 2nd, 2006, 12:36 PM   #4
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From Araneta Group site
http://www.aranetagroup.com/aci.shtml

ARANETA CENTER MASTER PLAN

The Araneta Center Master Plan represents a bold new development concept. It will mix state-of-the-art retail, entertainment, commercial, hotel and residential uses in a complementary, transit oriented development pattern within lush “garden city” environment that will attract a wide range of public and private activities.
Integrated into the whole development will be an information technology backbone that will provide state-of-the-art communications, networks, utilities, and other technology support facilities to support existing and nurture the development of new, information technology oriented companies and individuals

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Old January 2nd, 2006, 12:41 PM   #5
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Thanks for that link!!! They finaly fixed the website!!! I'm just going to transfer some info from Araneta site to Q.C. thread.
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Old January 2nd, 2006, 12:44 PM   #6
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My article and your article was actually the same but mine's was summarized to highlight the important sentences.
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Old January 2nd, 2006, 01:08 PM   #7
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The entire article focuses on the center. Your summary refers to the malls and the modernization.
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Old January 3rd, 2006, 09:32 AM   #8
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Old January 3rd, 2006, 09:35 AM   #9
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Wow I didnt expect Cubao to be like this!
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Old January 3rd, 2006, 09:50 AM   #10
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Just reposting this interesting article earlier posted by Sinjin in another thread. Mas bagay yata ito sa thread na ito.

Quote:
Originally Posted by sinjin
Another Giant Mall, in the next 4 years,
now, in the heart of Quezon City


Araneta Center Inc., now under the leadership of Jose’s son Jorge, intends to regain the center’s former glory. And then some. In the next four years the company plans to complete a 3.5 million-square-foot mall (325,160 square meters), which will connect directly to the two mass transit railway terminals outside the center, and to build nearly 900,000 square feet of offices, a hotel and apartments.

The planned seven-level shopping center, called the Millennium Mall, is to be built around the recently renovated stadium, with 500,000 square feet of shopping on each floor. Besides offering a range of American and European stores new to the Philippines, it will house 366,000 square feet (34,0002 square meters) of entertainment tenants, including a full-size ice skating rink, a multiplex cinema and IMAX theater, a bowling alley and a children’s and family entertainment center as well as other attractions, said Solomon.



The owners also are considering building an additional, 200,000-square-foot mall (18,580 square meters), which they want to call Manhattan Mall, with housing on top.

Araneta 20 year masterplan costs P66.25B ($1.25B)

Under a $1.25 billion 20-year master plan, the company intends to turn it into a virtual city within a city, with the development of about 4,000 housing units, additional office and retail space and a giant communications structure — the Manila Tower — that will rival Paris’s Eiffel Tower in height, he said. Offices will be wired with the latest in communications technology.
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Old January 3rd, 2006, 10:14 AM   #11
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Guys, I'm gettin headaches with all this Araneta Center infos scattered around the forums. Of course I appreciate them all but it would be better if they stay in one thread instead of being scattered all over the forum.

Some guidelines:

1. If you're talking about the Araneta Center's current structures, current pics, current - anything, etc. Post them here: The Quezon City Thread - Eastwood City, Araneta Center, Libis

2. If it's anything about the future of Araneta Center. i.e. proposed structures, malls, whatever in the future or in the masterplan. Post them here. 20-year Araneta Center Redevelopment Plan, Cubao, Quezon City

Guys, I'm gettin headaches with all this Araneta Center infos scattered around the forums. Of course I appreciate them all but it would be better if they stay in one thread instead of being scattered all over the forum.

Some guidelines:

1. If you're talking about the Araneta Center's current structures, current pics, current - anything, etc. Post them here: The Quezon City Thread - Eastwood City, Araneta Center, Libis

2. If it's anything about the future of Araneta Center. i.e. proposed structures, malls, whatever in the future or in the masterplan. Post them here. 20-year Araneta Center Redevelopment Plan, Cubao, Quezon City

3. Discussion about the multi-tower condominium project of Megaworld and Araneta Center should be continued here: Manhattan Garden Residences

Thank you.
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Last edited by thomasian; January 3rd, 2006 at 10:51 AM.
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Old January 3rd, 2006, 10:36 AM   #12
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I guessed it right na aabutin ito ng ganito. I just remembered that it happened to me already here few months ago when I kept on reposting on the closure of 2 Market! Market! Cinemas in all the mall threads. lol.
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Old January 3rd, 2006, 10:43 AM   #13
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Wow i can't believe that the whole shopping complex will be 972,000 sq meters!!! that's like 10.5 million sq ft!!!
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Old January 3rd, 2006, 10:47 AM   #14
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isn't it that as of to-date, only Phase I has been built right?... or part of it only?... The Gateway Mall is part of Phase I, I believe..
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Old January 3rd, 2006, 10:47 AM   #15
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Quote:
Originally Posted by sinjin


I guessed it right na aabutin ito ng ganito. I just remembered that it happened to me already here few months ago when I kept on reposting on the closure of 2 Market! Market! Cinemas in all the mall threads. lol.
Hey dont fret, it's for everyone, okay. It's not your fault. Hope this makes you feel better bro.

BTW, Sinjin, I love the cat.
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Old January 3rd, 2006, 10:52 AM   #16
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Quote:

WOW, 972,000 sq.m. for Araneta Center and the world's largest shopping complex now is about 600,000 sq.m. if I am right.
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Old January 3rd, 2006, 10:53 AM   #17
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Quote:
Originally Posted by thomasian
Hey dont fret, it's for everyone, okay. It's not your fault. Hope this makes you feel better bro.

BTW, Sinjin, I love the cat.
Wahahahaha, ang kulet ng cat. To think na pusang kalye lang 'to.
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Old January 3rd, 2006, 10:55 AM   #18
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Quote:
Originally Posted by thomasian
Hey dont fret, it's for everyone, okay. It's not your fault. Hope this makes you feel better bro.

BTW, Sinjin, I love the cat.
Dancing Evil Cat!
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Old January 3rd, 2006, 11:02 AM   #19
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Quote:
Originally Posted by sinjin
Wahahahaha, ang kulet ng cat. To think na pusang kalye lang 'to.
Reminds me of Jagger, yung pusang kalye na inampon ko.
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Old January 3rd, 2006, 07:37 PM   #20
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Holy crap that's freakin huge. Will they be demolishing any existing structures to make room for the additional shopping space. I really wouldn't mind if they demolished SM. hahahaha.


I think the concept for Araneta center is just superb. My only wish is for them to open a giant United Colors of Benetton.
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