CEBU, Philippines — Filinvest Land Inc. (FLI) will open its first shopping and lifestyle mall development in Cebu by December this year.
This was announced by George Calles, marketing manager of Filinvest Lifemalls during the company’s introduction mass transportation access to FLI’s 50-hectare integrated development City di Mare at South Road Property (SRP) in partnership with MyBus.
IL Corso, the only al fresco waterfront mall in Cebu, will initially open a portion of the 10-hectare mall development in time for Christmas season.
This is why, as early as now, the company inked a partnership deal with MyBus to include some strategic bus stop points are City di Mare, including IL Corso, said Calles.
Stores and brands that are expected to open by December, include Power Mac Center, Ace Hardware, 360 Pharmacy, Dessert Factory, Chikaan, Dolce Milano, Dunkin Donuts and Coffee Bean and Tea Leaf.
The mall’s ultra-modern cinema component will also be opened, along with these stores by December.
“We will open one side of Il Corso within the fourth quarter,” said Calles in a press conference adding that Christmas is a good time for opening as this is the time when people spend.
Currently, only two restaurants are open at the Il Corso – Gusto Mare and Parilya.
Next year, By 2019, the mall’s anchor store will be opened, together with the opening of Rustan’s Supermarket.
The resort mall, Il Corso is part of Filinvest’s 50-hectare township development called City di Mare at the SRP.
At present, City di Mare’s residential project components, the Sanremo Oasis and Amalfi are now homes to 600 families.
Some condominium units within the township are also being offered to transients, mostly via AirB&B platform.
FLI marketing manager Kat Mercado reported that the its premium residential condo development Amalfi is 70 percent sold, out of 1,300 units.
Sanremo’s six out of seven residential buildings are already taken.
City di Mare Senior Project Development Manager Dolly Macam added that the rest of the project site will be home to other commercial locators such ad outsourcing companies, as well as more premium high-rise condominium towers.
City di Mare, is a50-hectare master planned mixed used development by real estate giant Filinvest.
It is so far the largest coastal township to be built with its prominent waterfront location along the eastern coast of Cebu. (FREEMAN)
Source: The Freeman