Business Business News Megaworld opens Lucky Chinatown mall in Binondo
Megaworld opens Lucky Chinatown mall in Binondo
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- Published on Monday, 20 August 2012 00:00
By A Web design Company
Real estate giant Megaworld Corp. recently inaugurated the Lucky Chinatown, the first high-end shopping mall in the heart of Binondo that seeks to relive the district’s rich Chinese cultural heritage.
President Benigno Aquino III and Manila Mayor Alfredo Lim led the guests at the opening.
The 108,000-square-meter shopping mall was built near the Binondo Church at Reina Regente St. and Dela Reina St.
Megaworld is also set to develop a Chinatown walk next to the mall, a street development that will recreate the old Chinatown.
The company is also set to build a heritage museum that will showcase the long and rich culture of the Filipino-Chinese community.
Aquino urged Megaworld to continue putting up projects with cultural inclinations like the Lucky Chinatown.
“Please continue building such projects that promote culture,” Aquino said.
The president said Megaworld spent some P7 billion for the development of the shopping mall.
“This also created 400,000 jobs,” Aquino said.
The shopping experience at the mall includes dining at authentic Chinese restaurants, one of which is the famous Keean’s Fried Siopao established in the 1980s.
The event opened with a ceremonial dragon dance which the Chinese believe will bring prosperity and abundance.
The shopping mall is equipped with state-of-the-art cinemas capable of projecting 3-D films, as well as security facilities.
Megaworld primarily develops large-scale mixed-use planned communities, incorporating residential, commercial, educational, and leisure components.
The company also engages in project design, construction oversight, and property management.
Among its landmark projects are Forbes Town Center, a six-hectare commercial and residential district in Fort Bonifacio, and the 45-storey Petron Megaplaza office on Gil Puyat Ave. in Makati.
