Araneta City
Central Business District in Quezon City, Metro Manila, Philippines. / From Wikipedia, the free encyclopedia
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Araneta City (stylized in all lowercase), formerly and still commonly known as Araneta Center, is a 35-hectare (86-acre) transit oriented, commercial mixed-use urban development in Quezon City, Philippines. Situated in Barangay Socorro in Cubao, and at the intersection of two major roads, Epifanio de los Santos Avenue (EDSA) and Aurora Boulevard, the area offers retail, dining, entertainment, residential, office, lodging and parking facilities throughout the complex and hosts over 1 million people daily, due to its close proximity to transport terminals, including the railway stations of the MRT Line 3 and the LRT Line 2.
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Project | |
---|---|
Completed | 2030; 6 years' time (2030) |
Opening date | 1960 |
Developer | ACI, Inc. |
Operator | ACI, Inc. |
Owner | ACI, Inc. |
Website | aranetacity |
Physical features | |
Transport | Araneta Center-Cubao 3 Araneta Center-Cubao 51 53 61 Farmers Plaza 3 LRT 2-Gateway Mall UBE Araneta City Bus Port 1 Cubao Future: E Cubao |
Location | |
Coordinates: 14.6207°N 121.0532°E / 14.6207; 121.0532 | |
Country | Philippines |
Location | Socorro, Cubao, Quezon City, Metro Manila, Philippines |
Area | |
• Total | 35 ha (86 acres) |
Located within the complex are key structures such as the Gateway Mall, the Araneta Coliseum, the New Frontier Theater, Ali Mall, Farmers Market, and Farmers Plaza. The entire complex is owned by ACI, Inc., a subsidiary of the Araneta Group, who also serves as the developer and manager of the commercial area. ACI, Inc. is also currently in charge of spearheading a redevelopment master plan after years of delays and issues, which aims to transform the area into a "garden city" and consists of additional buildings, shopping malls, and other high-rise facilities within the complex, set to be completed within 2030.[1][2]