MANILA, Philippines - Robinsons Land Corp. (RLC), the property development arm of JG Summit Holdings Inc., is further expanding its presence in the northern part of the country with the construction of a shopping mall in Malolos, Bulacan.
RLC Commercial Centers Division general manager Arlene Magtibay said the four-level Malolos mall, which will rise on a 2.6-hectare lot along MacArthur Highway, will be the group’s 33rd mall and its second in the province of Bulacan.
The planned commercial center will have a gross leasable space of 44,562 square meters and parking area totaling 22,776 sqm or 535 slots.
This will be in addition to the group’s six existing malls in northern Luzon, namely Robinsons Starmills Pampanga, Robinsons Place Angeles, Robinsons Luisita, Robinsons Pulilan, Robinsons Cabanatuan and Robinsons Place Calasiao.
Aside from its rich historical and cultural heritage, the city of Malolos is rapidly becoming industrialized due to its proximity to Metro Manila. Many corporations have put up production facilities as well as commercial outlets in key places in the city.
The Malolos mall will be home to 200 tenants and four cinemas with a seating capacity of 276.
RLC is aggressively expanding its retail portfolio over the next two years to boost its total mall leasable area to a little over one million square meters.
The group is building seven new shopping malls and expanding three of 29 existing malls in 2012-2013 to take advantage of the expected surge in consumer spending and a booming business process outsourcing industry. Of the seven, three will be built this year while the other four will rise in 2013.
RLC recently completed two mall expansion projects in Tacloban and Bacolod in the Visayas.
Together with the two expansion projects, RLC’s total gross leasable area will reach 911,000 sqm at end-September this year. In 2013, RLC will add another 100,000 sqm to bring the total GLA to 1.01 million sqm.