Wednesday, November 7, 2012

CDO: The Local Gian'ts Lair



IN  Cagayan de Oro City, Limketkai Mall is rising from the ground  to become the world’s 21st largest mall complex.
Limketkai Mall is developed by home-grown entrepreneurs Alfonso Lim and Albino Limketkai, CEO, and owner respectively.  It is also known as Limketkai Sons Mall, formerly called Limketkai Center, and is strategically located right at the heart of the city.
To most Cagayanons, it is known endearingly as Ketkai Mall.





Center of everything
Residents here boast that no one is more than 15 minutes away from  Limketkai Mall.  It is the largest shopping mall in Mindanao.
This enormous shopping and entertainment complex, the 21st largest in the world, and the fifth largest in the Philippines, showcases  500 stores and restaurants.  It has the highest visitor attendance, with 97,000 visitors  on average weekdays that swell to 110,000 visitors per day on average weekends.
Situated in the heart of the city, Limketkai Mall is  right in front of Mindanao University of Science and Technology and about one kilometer away from Ayala Mall in Centrio and seven kilometers away from the city airport.
Its  total area of 320,000 square meters makes  Limketkai Mall the 21st largest shopping center in the world based on the gross leasable area.  But in addition, the shopping center is already starting to work on a proposal as a business district with an additional area of about 20.3 hectares.
Limketkai Mall boasts of four concourses. Outside the mall is the Rosario Arcade, an area for chilling out that houses bars, pizza parlors, coffee shops, and fine dining restaurants, featuring Italian, Chinese, Thai, and American cuisines.  Live bands provide live music nightly to attract swinging crowds.
The Atrium
Aside from its numerous tenants, the mall also features an activity complex which has an area of 3,500 square meters. This convention center showcases a concert hall with hundreds of local and international concert events.
The Atrium has a seating capacity of 3,000-3,500 people in a theater type setting. It is the largest convention hall in Northern Mindanao.
Entertainment
Limketkai Mall houses four cinemas, one of which plays 3D movies.  The Worlds of Fun complex also offers playgrounds and machine games arcades that attract 20,000 visitors a day.
This amusement center offers KTV Rooms, and Videoke, Kiddie Rides, Arcade Games, Shooting Games, and Basketball Games. The mall also offers amusement casino, the Bingo Philippines. This gaming corporation, the oldest in Northern Mindanao, has operated since 1996.
Hotel
A hotel under construction will be completed by 2013. Hotel Limketkai is a part of business district project together with The Gateway Towers and the Limketkai Office Building.
This premium hotel features 200 guest and 70 luxury suite rooms. A 60-foot outdoor pool is one of its features.
Expansion
In 2008, the proposal for an annex of the mall has been incorporated into the hotel. Hotel Limketkai costs Php1.2 billion for a gross amount of Php1.8 billion of construction in the Gateway Towers.
The mall-east concourse under-construction is a connecting junction which will provide additional retail floor area. The connection will include a duty-free Fiesta shopping complex designed with an elevated Aseana retail shopping with call center and Cinemax complexes.
Recently, Limketkai Sons signed a contract for the construction of the business district on 320,000 square meters including the Limketkai Mall  and the series of buildings attached to the shopping mall.
By 2013, the hotel will be opened. The business district will house the headquarters of Limketkai Sons Company.  Comprising the shopping mall, office, hotel, residential, and convention center, the Limketkai business district will rise soon on 320,000 square meters, making it the largest business district in Mindanao by 2014.

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