Cebuanos will see a new addition to the vibrant lifestyle scene in Cebu IT Park with the opening of Central Bloc this year.
According to Sun.Star Cebu, Ayala Malls Central Bloc and two office towers will be open by the fourth quarter of 2019. On the other hand, Seda Hotel will welcome guests early next year.
Central Bloc is an integrated mixed-use development which will have office and retail spaces as well as a hotel. Ayala Land, Inc. (ALI) envisions it to be a hub where people can have mix business with pleasure.
Within the development is Ayala Malls Central Bloc which will have an estimated 43,000 square meters of gross leasable space and will hold 500 stores. The mall will feature an indoor activity center, a fashion gallery, a food court, a basement supermarket, three levels of basement parking, and four digital cinemas. With its proximity to business process outsourcing (BPO) firms, the mall will cater to a young clientele.
Beside the mall will be Seda, a hotel with 12 storeys and 214 rooms. It will also have 58 apartment suites for guests who plan to stay long in the city.
Completing the development are two office towers which will be open for business around the clock.
Ayala Malls Central Bloc will be a regional mall under Cebu Holdings Inc. (CHI). In turn, Ayala Land Inc., one of the key players in real estate in the Philippines, is a majority owner of CHI.