By Manila Bulletin
Top township developer Megaworld Corp. is expanding its commercial portfolio by more than 30,000 square meters (sqm) later this year in response to strong demand for premium commercial spaces in key growth areas, especially in its townships.
In a disclosure to the Philippine Stock Exchange (PSE), the firm said its retail and commercial arm, Megaworld Lifestyle Malls, is set to open this year new malls and commercial projects at McKinley West in Taguig City, Makati City, Alabang West in Las Piñas City, and Boracay Newcoast in Aklan province.
These new retail developments will keep Megaworld firmly on track to meet its target of one million sqm of gross leasable area (GLA) by 2030.
Among the upcoming projects include The Shoppes at Park McKinley West, a two-story retail hub at the podium of the Park McKinley West condominium complex.
It will be highlighted by a curated mix of international retailers, first-in-the-Philippines concepts, and homegrown dining and lifestyle brands.
Another lifestyle mall will also be opened at Vion Tower along EDSA corner Chino Roces Avenue in Makati, while additional retail areas will be opening soon at Alabang West.
At Boracay Newcoast, the company is also opening its Newcoast Beachwalk with an exciting mix of dining, retail, and services concepts that cater to the tourists visiting the island.
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