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ALI President Jaime Ayala said during a preview of the new mall yesterday that Trinoma still has around five hectares of open space which will initially be used as parking lots catering to mall patrons and MRT commuters. He said this area’s development could include office buildings for the business process outsourcing sector, more retail spaces as well as a hotel since Ayala said these developments will depend on how fast consumers take to the new R2.5-billion Trinoma mall as the viability of these projects will be enhanced by the presence of a popular commercial center. ALI is planning a soft opening for Trinoma in the middle of May when it expects at least half of the tenants to begin operations. Ayala said they have already signed lease contracts for over 90 percent of leasable space and will formally open the mall in June. "Trinoma will have everything for everybody," Ayala said noting that there will be high-end international brands, local brands as well as convenience outlets for commuters. The mall also provides a major inter-modal transport hub for almost all types of public mode of transport and a 3,500-slot parking area designed to have access from all levels of the mall. Ayala said he does not see the SM City mall across the street as a threat as their opening will serve to bring even more people into the area and thus both malls will benefit from the growth in foot traffic. "This is a very, very large market," he said adding that there will be room for both SM and Ayala. He noted that SM also has a mall just beside Glorietta in |
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