Araneta City
Logo since September 2019. | |
The Araneta City Skyline, taken from the Vivaldi Residences Cubao (2018) | |
| Project | |
|---|---|
| Completed | 2030 |
| Opening date | 1960 |
| Developer | ACI, Inc. |
| Architect |
|
| Operator | ACI, Inc. |
| Owner | ACI, Inc. |
| Website | aranetacity |
| Physical features | |
| Transport | Araneta Center-Cubao 3 Araneta Center-Cubao 51 53 61 Farmers Plaza UBE Araneta City Bus Port 1 Cubao Future: E Cubao |
| Location | |
| Coordinates: 14°37′15″N 121°03′12″E / 14.6207°N 121.0532°E | |
| Country | Philippines |
| Location | Socorro, Cubao, Quezon City, Metro Manila, Philippines |
| Area | |
• Total | 35 ha (86 acres) |
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 a mixture of retail, dining, entertainment, residential, office, lodging and parking facilities throughout the complex and hosts over 1 million people daily, due to its close proximity residential areas and transport terminals, including the railway stations of the MRT Line 3 and the LRT Line 2 stations.
Located within the complex are key structures such as the Gateway Malls, 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 the complex's redevelopment master plan after years of delays and issues, which aims to transform the area into a "garden city", and will consist of additional office, residential and mixed-use buildings, shopping malls, and other high-rise facilities within the complex. RTKL Associates and Palafox Associates designed the redevelopment master plan of the complex and was launched in 2002 for the construction of the Gateway Mall 1 and led rise to renovation projects of the complex's entertainment venues and malls, and the construction of other newer properties throughout the area under the first phase, such as the residential towers, office towers, hotels, and the expansion project of the Gateway Mall named the Gateway Mall 2.
Newer developments are also set to rise and begin construction within the next few years as part of the second phase of the redevelopment master plan. The redevelopment plan for the complex is set to be completed within 2030.