AYALA MALLS has opened a 26,000-square-meter (sq.m.) retail corridor inside its Arca South estate in Taguig as Ayala Land, Inc. (ALI) expands industrial and transport-linked developments in the realm.
In a press release on Thursday, the mall operator said the Arca South Major Street connects retail, office, residential, and transport components inside the 74,000-sq.m. estate, including the newly opened Ayala Malls Arca South.
The corridor also links to the Landers Superstore and the Arca South Transport Terminal, a public transportation hub established by Ayala Land in April.
Arca South can be expected to host the planned Taguig City Integrated Terminal Exchange (TCITx) and future connections to the Southeast Metro Manila Expressway.
The Major Street development includes the 100,000-sq.m. Ayala Malls Arca South, outdoor industrial areas, event spaces, and recreational facilities.
Ayala Malls said it plans to open The Blue Leaf Events Spaces inside Major Street by 2027.
Shares in Ayala Land rose 3.13% or 48 centavos to shut at P15.80 apiece on Thursday. — Juliana Chloe A. Gonzales