CITY OF SAN FERNANDO, Pampanga – Township developer Megaworld is set to build worth P1.8 billion first full-scale and flood-resilient mall in Central Luzon located inside its 35.6-hectare Capital Town in this city.
In a press briefing yesterday, Megaworld’s Chief Strategy Officer Kevin L. Tan confirmed that the Capital Mall will integrate sustainability features such as solar roofing provisions and rainwater harvesting facility just like its newest Lifestyle Malls.
The construction of the Capital Mall, according to Tan, will start by the first half of 2020 at the former Pampanga Sugar Development Company (PASUDECO) built a century ago. Tan said the Capital Mall will be a three-level mall with a gross floor area of around 33,000 square meters. For the mall alone aside from its township, Megaworld has allocated P1.8 billion to build the mall in two years and is its completion is set in 2022.
“We are curating a new and unique design concept for this mall. As a tribute to the legacy of Pampanga’s oldest sugar mill, we will build the Capital Mall with its rich cultural heritage in mind. Other recovered portions of the sugar mill such as the giant bull gears, sprockets, and mechanical parts will become part of the mall’s interiors,” Tan revealed during a press briefing in Pampanga yesterday.
The Capital Mall is highlighted by its unique architecture that mimics the sugar mill, reminiscent of the original structure that stands on the same spot of the township. The area in which the township is being built used to be the site of the historic sugar central of PASUDECO.
The mall, Tan furthered, will be operated and managed under the Megaworld Lifestyle Malls brand, will also feature the re-created chimneys of the PASUDECO central, and the bricks recovered from the original sugar mill will be used for mall’s interior walls.
Capital Mall’s landscaped garden enclave of restaurants and cafes is surrounded by water ponds and century-old trees.
He said it will also have four state-of-the-art cinemas, a food hall, and a shophouse strip.
“Even the food hall will sport an industrial architecture highlighted by more mementos of the sugar central. The cinemas will also feature the 1960s charm and ambience,” Tan added.
Megaworld has been known for its Lifestyle Malls brand, and is currently operating 17 commercial and mall properties in its portfolio. Just a few days ago, it also announced that it is building a ‘beach mall’ in Mactan, Cebu, another new concept in mall development in the Visayas.