Ayala Land Inc. (ALI) is set to complete the P25 billion development of the 2.8-hectare One Ayala complex, located at the corner of EDSA and Ayala Avenue, which will add a gross floor area of 280,000 square meters to its portfolio.
In an interview during the inauguration of the One Ayala Terminal, ALI Head for Makati Estate Shiella Aguilar said this includes the office and commercial spaces for lease, the transport hub, hotel, and retail spaces.
Aside from the terminal, she said two of the four office towers in the complex are already operating while the other two have already been topped off.
She said they will be opening the size level mall located at the podium by the third quarter next year. This will be connected to other Ayala commercial centers such as Glorietta via the elevated walkway system of the Makati Central Business District.
Also to be located in One Ayala is a SEDA hotel with 413 rooms. “It’s going to be the flagship project of the Seda Hotel brand because of its size it’s actually going to be the biggest,” Aguilar said.
It will be recalled that One Ayala is a redevelopment of an area which included the former five-star hotel InterContinental Manila.
One Ayala promises to uphold the iconic status of the address #1 Ayala Avenue. As the highly anticipated addition to the bustling commercial district of Ayala Center, One Ayala has all the elements of a self-contained community.
It has a three-floor, 20,000-square-meter transportation hub serves as a terminal for north-bound and south-bound buses, AUVs, the future Bus Rapid Transit, and jeepneys; it also offers direct connection to the MRT.
Safe, covered, and well-maintained elevated walkways allow commuters to get to their respective rides, and pedestrians to reach nearby destinations like McKinley Exchange, Glorietta, and the rest of Makati’s CBD by foot.
One Ayala’s retail center will provide a complete mix to cover all the bases of the modern mall experience.
Above the retail center are two office towers—the first office buildings on Ayala Avenue coming from Edsa. Marked by their distinct corporate address, commanding visibility in a key location, and access to major thoroughfares and various modes of transportation, the office towers (totaling 85,000 square meters of gross leasable area) adhere to global environmental standards.
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The article was originally published in Manila Bulletin and written by James A. Loyola.