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Trinoma
Ayala Malls Trinoma (stylized as TriNoma, which is syllabic abbreviation of "Triangle North of Manila") is a large shopping mall in Quezon City, Philippines, owned by property development firm Ayala Land. Opened on May 16, 2007, the mall is located on the east side of Epifanio de los Santos Avenue (C-4 segment) in Quezon City, giving significant market competition to the nearby SM North EDSA as one of the largest malls in Metro Manila. It is also one of two malls that will be serving Ayala Land's Vertis North township, which is located beside the mall, along with a new lifestyle block mall Ayala Malls Vertis North, similar to Greenbelt in Makati, which was also developed by Ayala Malls.
The site of Trinoma used to be the location of the "People's Park", a flea market built by former Mayor Brigido Simon Jr. as a livelihood project for the city's nearby informal settlers (the actual market's size, though, only covered what is now Trinoma's public transportation terminal and outdoor pay parking). The park was opened at the time of Corazon Aquino's presidency. It was closed in 1995 by Mayor Ismael Mathay Jr. to give way for the construction of the Line 3 depot to service commuters along Epifanio de los Santos Avenue (EDSA).[citation needed]
The Line 3 consortium composed of Fil-Estate Holdings and Ayala Land decided to make the depot underground rather than a regular depot similar to Line 1 due to its commercial viability as a shopping mall. When the Line 3 began operations in December 1999, the construction of the mall was not immediately undertaken due to lack of funding. The North Triangle Depot Commercial Corporation was incorporated in 2001 with Fil-Estate spearheading the development and Ayala Land as minority stockholder.
From December 1999 to December 2004, the depot was idle space[citation needed] until an agreement was signed between Ayala Land and the Fil-Estate Group with the former buying the latter's 30.89% stake in the North Triangle Depot Commercial Corporation for ₱600.1 million, and in exchange a land situated along Ayala Avenue, Makati and other shares.
Ayala Land started constructing Trinoma in June 2005 with the retail development initially known as the North Triangle Commercial Center or North Triangle Mall. The name of the mall was later changed to "Trinoma" inspired by the redevelopment of industrial district TriBeCa.[citation needed]
Trinoma was officially launched in a private ceremony on April 25, 2007. It was inaugurated by officials of Ayala Land, and the Quezon City government, led by then-Mayor Feliciano Belmonte Jr.
According to Ayala Land Inc. president Jaime Ayala, the mall will service all market segments but will specifically cater to Quezon City’s high-end consumers.
The soft opening was originally slated for May 3, 2007, but was delayed by structural elements that were yet to be finished. It finally opened to the public on its soft opening on May 16, 2007. Its grand opening was held on October 16, 2007 (three days before the explosion of its sister mall Glorietta in Makati City), with President Gloria Macapagal Arroyo and Vice President Noli de Castro in attendance.
Trinoma
Ayala Malls Trinoma (stylized as TriNoma, which is syllabic abbreviation of "Triangle North of Manila") is a large shopping mall in Quezon City, Philippines, owned by property development firm Ayala Land. Opened on May 16, 2007, the mall is located on the east side of Epifanio de los Santos Avenue (C-4 segment) in Quezon City, giving significant market competition to the nearby SM North EDSA as one of the largest malls in Metro Manila. It is also one of two malls that will be serving Ayala Land's Vertis North township, which is located beside the mall, along with a new lifestyle block mall Ayala Malls Vertis North, similar to Greenbelt in Makati, which was also developed by Ayala Malls.
The site of Trinoma used to be the location of the "People's Park", a flea market built by former Mayor Brigido Simon Jr. as a livelihood project for the city's nearby informal settlers (the actual market's size, though, only covered what is now Trinoma's public transportation terminal and outdoor pay parking). The park was opened at the time of Corazon Aquino's presidency. It was closed in 1995 by Mayor Ismael Mathay Jr. to give way for the construction of the Line 3 depot to service commuters along Epifanio de los Santos Avenue (EDSA).[citation needed]
The Line 3 consortium composed of Fil-Estate Holdings and Ayala Land decided to make the depot underground rather than a regular depot similar to Line 1 due to its commercial viability as a shopping mall. When the Line 3 began operations in December 1999, the construction of the mall was not immediately undertaken due to lack of funding. The North Triangle Depot Commercial Corporation was incorporated in 2001 with Fil-Estate spearheading the development and Ayala Land as minority stockholder.
From December 1999 to December 2004, the depot was idle space[citation needed] until an agreement was signed between Ayala Land and the Fil-Estate Group with the former buying the latter's 30.89% stake in the North Triangle Depot Commercial Corporation for ₱600.1 million, and in exchange a land situated along Ayala Avenue, Makati and other shares.
Ayala Land started constructing Trinoma in June 2005 with the retail development initially known as the North Triangle Commercial Center or North Triangle Mall. The name of the mall was later changed to "Trinoma" inspired by the redevelopment of industrial district TriBeCa.[citation needed]
Trinoma was officially launched in a private ceremony on April 25, 2007. It was inaugurated by officials of Ayala Land, and the Quezon City government, led by then-Mayor Feliciano Belmonte Jr.
According to Ayala Land Inc. president Jaime Ayala, the mall will service all market segments but will specifically cater to Quezon City’s high-end consumers.
The soft opening was originally slated for May 3, 2007, but was delayed by structural elements that were yet to be finished. It finally opened to the public on its soft opening on May 16, 2007. Its grand opening was held on October 16, 2007 (three days before the explosion of its sister mall Glorietta in Makati City), with President Gloria Macapagal Arroyo and Vice President Noli de Castro in attendance.
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