(The Philippine Star) MANILA, Philippines — Ayala Land recently marked a milestone as it opened Ayala Malls Cloverleaf, its first commercial development within the 11-hectare Cloverleaf estate in Balintawak, Quezon City.
“The malls will bring new business here at Cloverleaf and, as envisioned, will spur a significant number of enterprise and job opportunities in this part of Quezon City,” said Jay Teodoro, estate head of Cloverleaf. “We hope to transform the area into a dynamic urban haven that provides the community an organized, secure, and highly accessible place for both work and leisure.”
Ayala Malls Cloverleaf is located along A. Bonifacio Avenue but is also accessible from EDSA through the newly opened Cloverleaf Drive entrance adjacent to the Balintawak LRT station. It will offer a wide array of shopping, dining and entertainment choices spread across 40,000 square meters of leasable commercial space. As the primary retail offering in Cloverleaf, it is expected to promote community events and give the public a glimpse of life in the emerging urban center.
The mall is part of Cloverleaf’s first phase which also includes residential developments designed around refreshing pocket parks. Ayala Land residential brands Alveo Land and Avida Land are currently constructing multiple-tower developments with 600 and 2,000 units, respectively. About 2,600 jobs would have been generated by ongoing construction activity and operating facilities in the urban center by 2020 while an estimated 15,000 new jobs are projected to be created upon its full development.