CDOTIMES September 26-October 2, 2015

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The

ARTS & CULTURE | HEALTH | EVENTS | TRAVEL & TOURISM | PEOPLE

CAGAYANLifestyle TIMES Weekly de Oro

Volume 3 | No. 08 | Cagayan de Oro City | Sep. 26 - Oct. 2, 2015

The Night Stalker:

The CUBE Bazaar Strip Grand Launch “It’s a great opportunity to be at the very center of everything in CDO. As in any Ayala development, we’re able to contribute in terms of helping boost domestic economy and improving lives.” - Former ALI Pres. & CEO Antonino T. Aquino

Entrepreneur John Erwin Arandia shows off his all natural Kaka’s Spice Chili Garlic guaranteed no MSG & no preservatives

T

Often there are 3-4 start ups sharing one of the 16 stalls

Happy shoppers choosing affordable RTW dresses from one of the shops

ake 130 square meters of relatively quiet space in one of Cagayan de Oro City’s leading malls, 27 enterprising start ups, a gung-ho brave heart, a savvy corporate marketing team, and what have you got?

The CUBE Bazaar Strip at the 3rd Level of Ayala’s Centrio Mall, that’s what. The brainstorm of Cagayan de Oro Gateway Corporation and gutsy retail event organizer Angela Pescador, the “corner in the sky” of Centrio quietly opened last month, Cagayan de Oro’s Fiesta Month of August, traditionally one of the biggest months for retails sales in one of the country’s “Most Competitive Cities.” CDO Gateway Corp. is the joint venture between Ayala Land Inc. and the Floirendo family who owns the land where the Centrio Mall now stands. “We got the idea for CUBE when we noted the good performance of the Higalaay Fiesta Bazaar organized by Ms. Pescador at the 3rd

floor Bridgeway at Centrio last month,” said Pamela P. Mendez, Centrio Deputy General Manager. “We invited her to look at this 3rd floor space which was still not leased and see what she could come up with.” Ms. Mendez explained the concept is an offshoot of Ayala Land’s partnership with local home grown concepts to help develop regional brands through its nationwide network of malls. During the Merchants’ Preview that preceded Centrio Mall’s opening, erstwhile ALI President and CEO Antonino T. Antonio said the firm was allocating 10-15 percent of its gross leasable area for local and “home-grown” concepts. “We would like to have an offering for everything that is going to be needed by our

surrounding communities,” said Mr. Aquino. “This is the philosophy which underlines Ayala’s involvement in all its host communities all over the country.” Although Centrio can accommodate up to 300 tenants composed of local, national and international brands of stores, boutiques, service centers and restaurants, its rates are beyond the reach especially of start-ups. “We thought of grouping these young entrepreneurs together so they could apportion the costs of a shared space among themselves through an organizer like Angela,” Candice A. Saligumba, Operations Associate Manager who was the liaison between the see full story/PAGE 3

Misamis Oriental Gov. Yevgeny Vincente Emano (seated, third from right) pays a visit to the Eid Al Adha celebration of the Turkish community in Cagayan de Oro City led by Rizal Derindag (second from right). photo by mark francisco

The CAGAYAN de ORO TIMES Editorial and Advertising: thecagayantimes@gmail.com | 09177121424


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