Fort Bonifacio Retail Promenade almost fully taken up!
08/08/2006

Bisnar said that the City Center Retail Promenade is almost fully taken up. The P600-million retail development will be a 40-meter wide and 500-meter long stretch which will be lined by stores and restaurants. The strip, FBDC earlier said, can fit 88 stores and will have eight parcels allocated for land leases. Officials said that of the 88 stores that are going to be leased out, 60% to 70% are already spoken for.

Meanwhile, five of the eight parcels of land that will be leased out have already been reserved. These tenants, FBDC said, will be given 800 square meters of land on which to build their outlets. FBDC also said that among those that will be opening stores in the lifestyle mall are All Flip Flops, which will be the flagship store for Havaianas, and Mizuno.

Among others, Mr. Bisnar said that at least two multinational banks are looking at relocating to the Fort Bonifacio City Center from the Makati Central Business District, but he declined to name the banks.

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