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Designation of Bus Lane Means Implementing The Pri
Designation of Bus Lane Means Implementing The Pri
CEBU, Philippines - Ayala Center Cebu (ACC) opened its P53 million
PUV (Public Utility Vehicle) terminal yesterday at the north-entrance area
to pave way for its major shopping mall expansion which will kick off next
week.
The terminal will serve major routes in Metro Cebu, seven of which are for
jeepney and five routes will be serve by van for hire (V-Hire), she said. For
jeepney, routes include Guadalupe, Colon, Labangon, Mandaue, Talamban,
SM, and Lahug. The V-hire transport will also serve the routes going to
and from Lapu-Lapu City, Consolacion, Lilo-an and further north of
Balamban, Tuburan, and Asturias.
Overall, the ACC PUV Terminal covers a total of 4,000 square-meter gross
floor area for the two-story facility.
Immediately, ACC through its mother company Cebu Holdings Inc. (CHI),
will start the construction of shopping mall expansion this coming Monday
January 24, as it sets to officially break ground.
Initially called as the Phase 2-B project, the project will realize the
construction of the extension of the mall, utilizing the South Surface
Parking, that will incur Cebu Holdings Inc. (CHI) at least P2.8 billion.
In an earlier interview with CHI president Francis Monera, he said that the
construction is expected to be completed by 2013.
The four-story Ayala Center expansion will host the luxury brands, and
other specialty shops, including a provision of available renting space for
the planned expansion of Rustan’s Department Store.
So far, the Ayala Center Phase II-B is the largest expansion activity done
by CHI, aside from the building of The Terraces, and other
mini-improvements and expansion programs that it has embarked over the
years.
This year’s expansion will complete the original plan of ACC, however,
some improvements were made in terms of design to conform to the
changing preference and style of this generation’s shoppers.
The new Ayala Center expansion will cover a space one-third to the entire
size of the existing mall, offering a total leasable area of 36,000 square
meters.
“Over the years, ACC has made some expansions to improve the mall’s
total ambiance and facilities,” he added.
He said that the company however, has changed some of the designs and
aesthetics to conform with the times and consumers' changing
preferences.In fact, of the construction of the al-fresco style The Terraces
was not part of the original master-plan.
The shopping and leisure mall generated total revenue of P696.77 million,
19 percent higher than 2008 level.
The mall’s growth amid the global crisis was due to the higher rental rate
and sales per square meter and the operation of The Terraces.“
In the 4th quarter of last year, the mall launched the Active Zone, formerly
the Ayala Food and Entertainment Center. This specialty zone provides
more offerings for the growing interest of Cebuanos in fitness and having
an active lifestyle.
The expansion of the ACC, is just one of the few projects lined up for Cebu,
by CHI, in partnership with its mother company Ayala Land Inc. (ALI).
The construction of the , PUV Terminal and ACC Phase II-B is part of the
company’s P10 billion capital expenditure (capex) to build more projects
inCebu in the next five years.
“Cebu’s economy is vibrant, relative to have CHI is doing, and the retail
sector performing well. Also, Cebu is very attractive for BPO investors,”
said ALI president Antonino T. Aquino in an earlier
interview. (FREEMAN)
Source:https://www.philstar.com/cebu-business/2011/01/19/649171/ayala
-center-opens-new-puv-terminal
Each ticket will contain the passenger's travel details similar to a boarding
pass. Aside from the gate number, departure time and fare, it also has a QR
code that will be used to pass through turnstiles.
Source:https://news.abs-cbn.com/business/11/06/18/airport-style-metro
-manila-terminal-promises-easier-commute
Proposed Multi- Storey Building Intended for Terminal
in Cebu City
Submitted by:
Bacalso, Leoneil T.
Dini-ay, Benjie C.
Duque, Joselle Ann S.
Submitted to:
Celedio, Jo Ann