Ayala Allocates ₱13 Billion for Renovation – Including Ayala Center Cebu

As someone who either wasn’t born yet or still didn’t have consciousness when Ayala had that pond layout instead of The Terraces, I haven’t witnessed it transform into something I am now familiar with today. Now, Ayala Land Inc. (ALI) is set to embark on a redevelopment, allocating ₱13 billion for four of its shopping districts:  Glorietta and Greenbelt in Makati, TriNoma in Quezon City, and Ayala Center Cebu. The project starts this year and is envisioned to span over two years.


ALI’s Senior Vice President, Mariana Zobel de Ayala, emphasizes the needs and preferences of their customer base. This redevelopment aims to bring something new, addressing their target market’s evolving expectations. Their focus now is to improve facades, navigation, and strategize better to engage with customers. 

Similar to how the pond layout turned into what we know today as The Terraces, this renovation is to refresh the look and feel of the malls mentioned. ALI wants to utilize outdoor spaces to make it more accommodating by reconsidering shading and access points in order to create a seamless integration between the malls’ indoor and outdoor spaces.

With this, ALI guarantees customers that the renovation does not mean a halt in the malls’ operation. The development will happen in segments to make sure that the malls are still accessible.

We are still yet to see the tangible result of ALI’s endeavors, and what technological advancements they are to integrate to our overall experience. As Cebuanos, this is something to look forward to in the next two years for a mall that’s so intricately woven within our lives, with so many of our memories tied to it. With this project, Ayala sets new benchmarks for retail experiences, grounding itself as one of the pioneers in their industry.

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