Gokongweis launch Galleria

 

Thursday, July 26, 2012
GOKONGWEI-led Robinsons Land Corp. (RLC) is spending over P5 billion for the construction of Robinsons Galleria Cebu, a mixed-use integrated complex that is soon to rise in a 4.6-hectare property along General Maxilom Ext.
According to RLC president Frederick Go, they are “ramping up” investments in Cebu because of its robust economic growth as shown by its vibrant retail and tourism sectors.

“There are still a lot opportunities that can be found here,” Go said during the groundbreaking ceremony of the Robinsons Galleria Cebu yesterday.
Robinsons Galleria is the company’s 38th mall and biggest outside Metro Manila. It is a seven-storey commercial building that will have a gross floor area of about 156,000 square meters (sq. m.).
It will house RLC’s first Cebu branch of Go Hotel, shopping mall, and office spaces for the business process outsourcing (BPO) firms.
Condominiums, too
In addition, Go announced the second phase of the development is the construction of four high-rise residential condominiums at the back of the commercial building.
The Robinsons Galleria Cebu will have a 153-room Go hotel. The BPO offices, meanwhile, will occupy three floors with over 9,000 sq. m. of leasable space and the four-storey shopping mall will have a gross leasable area of 56,000 sq. m.
The mall will house 300 tenants offering a mix of international, local and homegrown brands.
Its anchor tenants will include Robinsons Department Store, Robinsons Supermarket, True Value, Robinsons Appliances, Saizen, and Toys R’ Us. The mall will also have six cinemas, including two 3D theaters with a total seating capacity of 1,800.
Target: 2014
Go said the mall is expected to be completed by 2014. The first tower of the residential condominium is targeted to be launched next year.
Robinsons Galleria Cebu is RLC’s third mall in Cebu after Robinsons Place Fuente and Robinsons Cybergate Cebu.
The firm’s other ongoing projects include the upscale Amisa residential development in Mactan; Azalea Residences, a residential development on Gorordo Ave.; and Blue Coast and Aspen Heights, which are under Robinsons Communities and Robinsons Home brands, respectively.
Next year, the company is set to open five more Robinsons Place malls in Butuan, Roxas City, Malolos, Malabon and Santiago, Isabela.
RLC’s net income for the first quarter of its fiscal year 2012 rose by 13 percent to P1.15 billion. The company’s shopping malls alone generated P1.8 billion in the first quarter. RLC’s first quarter fiscal year 2012 covers October to December 2011, for more information of Robninsons Land Projects, contact 09173236123.

Published in the Sun.Star Cebu newspaper on July 27, 2012.