MAKATI CITY Circuit Makati – a new lifestyle precinct conceptualised by Ayala Land in partnership with the Makati City government and Makati Commercial Estate Association (Macea) – starts to make its presence felt with today’s launch of the Outdoor Event Grounds.
The facility, accommodating 20,000 people for a large open-air reception and also showcases a tent with a 2,000 sqm canopy to shelter 1,500 guests, is the first of a series of entertainment venues set to add excitement to the built-from-scratch development, just off the main CBD. In the pipeline are a FIFA sized football turf to host international matches with bleachers to seat 2,000 spectators and a skate park opening by year-end; Central Walk, an entertainment lane anchored by a water feature and the Black Box, a multi-purpose venue for intimate events, exhibits and parties to debut in 2014; and finally, the Performing Arts Theatre to raise its curtain in 2016 on a stage for Broadway type productions complemented by seating for 1,500 viewers.
Artist's rendering of Ayala Land's latest development
Circuit Makati occupies the site of the former Santa Ana Racetrack, an historic icon that was a magnet for social activities in its heyday during the American colonial period. Ayala Land executives have identified it as one of the insfrastructure pillars marking the renaissance of the Makati.
Besides Circuit Makati, the masterplan includes the rejuvenated Ayala Center and Makati Central Business District, as well as the new Ayala Triangle Gardens and emerging Makati North and Makati South areas. The entire project is estimated to cost Php20 billion (US$490.83 million) for over five years.
Artist's rendering of the water feature anchoring Central Walk
Officials behind the project said their vision was to highlight Makati City's reputation as not only the Philippines' premier business capital but also as a hub for fun and style. The development will be connected to the CBD through Ayala Avenue Extension and South Avenue future road linkages.
For more details, visit www.circuitmakati.com
Margie T Logarta