Property giant Megaworld Corporation, through its retail and commercial arm Megaworld Lifestyle Malls, is set to expand its commercial retail portfolio by over 30,000 square meters in response to the growing demand for premium commercial spaces in key growth areas across the country.
The new retail developments, slated to open this year, will be located in McKinley West in Taguig, Makati, Alabang West in Las Piñas City, and Boracay Newcoast in Aklan.
These projects will help Megaworld achieve its target of one million square meters of gross leasable area by 2030.
Among the highlights of the expansion is The Shoppes at Park McKinley West, a two-story retail hub located at the podium of the Park McKinley West condominium complex.
This development will feature a curated mix of international retailers, first-in-the-Philippines concepts, and homegrown dining and lifestyle brands, including Ogawa Traditional Japanese Restaurant, Tartufo, Royal Indian Curry House, One World Deli, George & Onnie’s, Café 17, Nightshade Cocktails & Bar, Hanamaruken, and Yakinuku Sudaku.
Additionally, a new lifestyle mall will open at Vion Tower along EDSA corner Chino Roces Avenue in Makati, while new retail spaces will soon be available at Alabang West in Las Piñas City.
In Boracay Newcoast, Megaworld will launch the Newcoast Beachwalk, offering a vibrant mix of dining, retail, and service concepts tailored to the needs of tourists visiting the island.
“We are growing our leasing business by bringing our signature lifestyle mall concept to more locations while introducing new experiences that resonate with today’s consumers.
This approach allows us to drive sustained growth for Megaworld and, at the same time, enhance the value of our townships nationwide,” said Graham Coates, head of Megaworld Lifestyle Malls.
Megaworld Lifestyle Malls reported Php 3.33 billion in leasing revenues during the first half of 2025, a 10% increase year-on-year, driven by higher consumer foot traffic and strong leasing demand from premium tenants.
Earlier this year, the company also expanded its retail spaces at Lucky Chinatown in Binondo, Manila, adding 36,000 square meters of gross leasable area with the opening of the Imperial Wing.
With these developments, Megaworld continues to solidify its position as a leader in the retail and commercial leasing sector, delivering innovative and premium experiences to consumers nationwide.
