Edwin Lim, President and Chief Executive Officer of Geege Central Mall, Inc. (GCMI)
With a tagline, “More Than Just a Mall”, Island Central Mactan is set to change the lifestyle in Lapu-Lapu City once it opens its doors before the end of the year.
Mall officials presented project details, updates and future plans at a tenant preview and media presentation held recently.
With an investment of P1 billion for the mall, and another P1.5 billion for the Mactan Wharf, Island Central Mactan will be the first development in the Philippines to incorporate a ferry service with a boardwalk to a mall.
Escalators at the mall’s al fresco area
Taking pride in its strategic location, being at the crossroads of three economic zones, world-class resorts, and a much-improved international airport, the management is making sure to select a dynamic mix of tenants that will cater to a huge untapped market segment in Lapu-Lapu City.
Notable brands that were present during the event are: Gelatissimo, Tsim Sha Tsui, Luy’s Classic Tea House, Security Bank, Dessert Factory, Primer group, Golden Cowrie group, Golden ABC, Gong Cha, Abaca group, Yakimix, and The Buzzz Ice Cream. Other prospective locators mentioned are: 7-Eleven, Bo’s Coffee, Jollibee, McDonald’s, Watsons, and Salon de Rose.
Robinsons Supermarket will be the mall’s anchor store.
The mall is set to soft-open in December with roughly 20-30 tenants. As of this writing, the mall is 80% leased (the mall has a gross leasable area of 18,000 square meters).
Aside from the retail options that will make their debut in Mactan Island, Island Central Mall will also have a roof deck which will soon have the biggest sky bar in VisMin, in partnership with Manila’s Valkyrie group. The roof deck will also have a 24/7 Travelers’ Lounge and three function rooms (with a total capacity of 600).
The mall will have two basement levels with approximately 400 parking spaces.
The “all-weather” alfresco area
Eugene Erik Lim, GCMI vice president and chief operating officer, said the company plans to soft-launch the ferry service next month. In partnership with Ocean Jet, an hourly service will ferry passengers from Pier 1 in Cebu City, to the Mactan Wharf, and vice versa. Initially, they are looking to serve 10,000 passengers daily in hopes to help decongest the vehicular traffic to/from Mactan Island. With a travel time of 20-30 minutes, the ferry will be a viable alternative transporation option especially for the work force at the economic zones, and tourists.
He added that they are currently in close coordination with GMR-Megawide, the operators of the Mactan-Cebu International Airport, for a free point-to-point bus transfer from the mall to the airport.
In the Pipeline
The mall, with a footprint of 8,500 square meters, is expected to be fully operational in early 2017. On the latter part of 2017, the Mactan Wharf, with a footprint of 20,000 square meters, is also set for completion. Aside from a docking area that can accommodate up to eight ferry crafts, it will house themed developments and a hotel.
After Island Central Mactan, Eugene Erik said they are looking at the southern part of Metro Cebu as they are currently landbanking there. The company is looking to open 3-4 malls in the Visayas within five years.