By MST Business | Dec. 14, 2014 at
10:30pm
Ayala Land Inc. launched the first
phase of City Gate, another flagship mixed-use development in the Makati
Central Business District. It is the company’s first stacked tower combining
three uses—retail, office and hotel in one building.
City Gate’s prime location on Ayala
Avenue at the corners of Amorsolo and Salcedo Streets, makes it highly
accessible to major thoroughfares such as Ayala Avenue, Sen. Gil Puyat Avenue,
and the Skyway.
An artist’s sketch of City Gate
Elevated walkways will also connect
City Gate to Ayala Center and to the rest of the CBD—great for those who choose
to walk and enjoy the real city life.
The project will have a total of
120,000 square meters of gross floor area
consisting of 53,000 square meters for business process outsourcing
firms; 28,000 sq. m. for traditional headquarter-type offices; 25,000 sq. m.
for Seda Suites Hotel; and 14,000 sq.m. for a retail mall.
One of the key features of City Gate
will be the open and green civic space located at the end (or start) of
Makati’s elevated walkway system. This 2,600-sq. m. space will be a place where
residents, office workers and mall goers can relax and unwind.
Mall patrons and residents can begin
enjoying the retail and civic space by 2017 while the offices will be ready by
2018. Seda Suites Hotel will open its doors by 2019.
Ayala Land plans to invest P7 billion
in City Gate, which is expected to generate 10,000 jobs.
Ayala Land Offices is the office real
estate solutions arm of Ayala Land. Apart from developing City Gate Corporate
Center, Ayala Land have other office developments in Makati such as Tower One
& Exchange Plaza, Makati Stock Exchange, the Glorietta Corporate Centers
and Solaris One.
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