Zobel is also the youngest alumnus to receive the Alumni Achievement Award from Harvard Business School, which gives the award annually to “distinguished graduates who have contributed significantly to their companies and communities while upholding the highest standards and values.”
According to the award-giving council, “the outstanding men and women who receive this most important honor represent the best in the alumni body and inspire all those who aspire to have an impact on business and society.
Zobel received a Master of Business Administration degree from Harvard Business School in 1987. He had graduated from Harvard College in 1981 with a bachelor’s degree in Economics, cum laude.
In between those years, he worked overseas before joining the Ayala group of companies, where he held several line positions.
Today, together with his younger brother Fernando, who serves as president and chief operating officer of Ayala Corp., Zobel is credited for the Ayala group’s successes in telecommunications and water distribution as well as its continued successes in real estate development and financial services.
The first to receive the Harvard Business School Alumni Achievement Award was Robert McNamara, in 1968, when he was president of the World Bank. Other outstanding recipients since then have included Daniel Burke, chair and CEO emeritus of Johnson & Johnson; Dr. Daniel Vasella, chair and CEO of Novartis AG; Ratan Tata, chair of India’s Tata group; Louis Gerstners Jr., former chair and chief executive of IBM; Phillip Yeo, chair of Singapore’s Agency for Science, Technology and Research; and Minoru Makihara, former chair of Mitsubishi Corp.
To Zobel and this year’s four other recipients, the awards were presented at Harvard on Sept. 27 in a ceremony hosted by Prof. Jay O. Light, dean of Harvard Business School.
The other recipients were Donna Dubinsky of Numenta, an intelligent-computing software firm; A. M. Mixon III of Invacare Corp., the world’s leading manufacturer and distributor of home healthcare products; Sir Martin Sorrell of global advertising company WPP Group PLC; and Hansjoerg Wyss of Synthes Inc., manufacturer and distributor of orthopedic implants and instruments.
To Zobel, Professor Light said: “The impact you have had through Ayala Corp. makes you an ideal candidate. This award is a symbol of Harvard’s appreciation of the standard you have set.”
That standard has deep roots in the Ayala group–in the values and principles it stands for, as much as in its history and track record.
It is reflected in a remark Zobel made when he accepted the Management Man of the Year award: “Success is not measured by quick and one-time gains but by enduring beliefs and created by a disciplined approach to creating value. Second, success also entails combining profitability with a broader contribution to society.”
The business successes of the 173-year-old Ayala group are well known, as are its wide-ranging contributions to social development. But not always seen are the ways it has affected countless Filipino lives and many communities.
While Ayala has always chosen to engage itself actively in the national development process, it continues to take this step further by finding solutions to various socioeconomic challenges. Many enterprising Filipinos–from merchants and service providers at the Ayala malls, to microfinance institutions through Bank of the Philippine Islands, and to small entrepreneurs that rely on Globe Telecom Inc. and Manila Water Co. Inc. for their livelihood–are able to nurture their dreams through the Ayala group.
Similarly far-reaching are the group’s sustained actions to promote education in training student leaders, providing elementary education and spearheading the multisector initiative called Gearing up Internet Literacy and Access for Students, or Gilas, which helps to provide Internet access and basic computer literacy programs for students in all Philippine public high schools.
For certain, these social development contributions wouldn’t be possible without the business successes, but the correlation between the two is deliberate, and has been rooted in the Ayala group’s nearly two-century Philippine heritage.
Zobel calls Ayala’s social development work “promoting the public good through the benefits of excellent professional management.”
That is a well-appreciated statement of underlying characteristics that exhibit the conglomerate’s long-term vision and commitment to national development.
The public’s trust
The corporate professionalism and the social commitment have given Ayala a most solid reputation for integrity, and over many decades earned the public’s trust for the Ayala brand.
“Building on trust has enabled us to mobilize talent and to bring together the best people to cater to an increasingly diverse array of customer needs,” Zobel says.
It has also enabled Ayala to build capital and bring in some of the world’s most respected corporations–including Mitsubishi Corp., Singapore Telecom and Development Bank of Singapore, among others–as strategic partners.
With its “human capital”–a highly empowered organization–and strong, global partners, the Ayala group today includes four listed corporations (Ayala Land, Bank of Philippine Islands, Globe Telecom and Manila Water) and accounts for about one-third of the Philippine Stock Exchange index.
For the corporate and other triumphs, Zobel pays tribute, first, to his father, Jaime Zobel de Ayala–who was voted Management Man of the Year in 1987–for decentralizing the group management structure in the 1980s and building the management foundations of present-day Ayala.
Second, he cites the leadership sharing he has with his brother, Fernando–“in an arrangement that it not very common in public, private or family institutions…The Ayala of today would not be where it is without the leadership Fernando has provided on myriad fronts and for his equal participation in decisions I have made.”
And he acknowledges the group’s organization–and the macro context in which it functions.
“Leadership,” he says, “depends on the corporate context, economic history and organizational capability of any institution.”
“Beneath the bright surface of performance of any business leader is the solid substance built by a longer history of a larger community of talented, motivated and disciplined executives that made such performance possible,” he adds.
The Ayala group “collective wisdom, drive and vision shape and constantly refresh my own,” Zobel says. “At the most senior level, we take pride in working as colleagues and partners, whether one works at the holding company or at the operating level.
“We like to encourage a spirit of collegiality, sharing and constructive criticism. The best ideas that flow out are certainly not always mine and the many backgrounds and experiences of our executive rank are too valuable to be kept limited in specific roles.”
The Ayala group itself has changed in character over the years, Zobel observes. In the past century, what had started as an agriculture- and trading-based group grew into a major Philippine manufacturing and services concern.
The Ayala group started investing in sectors that have become its core businesses well before Zobel joined it in 1981. It pioneered in real estate development in 1960 and modern banking in 1970. It went into telecommunications in 1974 and electronics manufacture in 1988. As its platform for social development contribution, it established in 1961 what has become Ayala Foundation.
And then, “the world changed on us,” Zobel recalls. “Competition in real estate exploded. The banking and telecom sectors were liberalized and new markets were created by the resurgence of new technologies. Globalization altered most of the landscape … And corporate social responsibility moved into the center of business concerns.”
“History is not destiny,” Zobel says. “The challenge for a company with a long history is how to keep fresh the energies on which it was founded while retaining the enduring values that define it. For the Ayala group, the challenge has been how to keep succeeding in changing times by building on the fundamental strengths with which we began.”
Today the Ayala group focuses on three major businesses–real estate, financial services and telecom–plus emergent businesses in electronics manufacturing, technology investments, water distribution, automotive dealerships, international real estate markets and business processing outsourcing.
Zobel is also chair of Globe Telecom, Bank of the Philippine Islands and Integrated Microelectronics Inc.; vice chair of Ayala Land Inc.; and co-vice chair of Ayala Foundation. He is a member of the JP Morgan International Council, Mitsubishi Corp. International Advisory Committee, Toshiba International Advisory Group, Asia Business Council, Harvard University Asia Center Advisory Committee and the board of trustees of the Asian Institute of Management.
He also serves on the national council of the World Wide Fund for Nature (WWF-US), and chairs WWF Philippines.
The involvement in the environmental movement is one of the ways Zobel demonstrates his personal profound concern for the planet and future generations. And among underprivileged children in the Philippines, is perhaps the most recognizable face of Children’s Hour, of which he is a trustee.
In all likelihood, it is a concern that the Harvard Business School award-giving council shares.
Source: Ayala Land Inc. Article Listing
August 18, 2008
Nation-building as a goal may seem ambitious, but Mr. Ayala believes that achieving this is possible through a two-pronged approach: by leading the country’s biggest property developer in providing for the residential, retail, and office needs of Filipinos; and by nurturing leaders within the firm.
Mr. Ayala is no stranger to the task of growing an already big company and leading a pool of emerging leaders. Although his post at Ayala Land is his first foray into real estate, the ALI chief is not a tenderfoot. He brings with him an extensive experience in general management and he draws on skills in strategy development, operations management, performance management, and organizational effectiveness, having spent 19 years at the US, Mexico, Tokyo, and Hong Kong offices of consulting firm McKinsey & Co.
Since he assumed the post in 2004, the company has undergone several changes that are aimed at increasing the value of shareholders’ investment in ALI. Under his watch, new opportunities for growth were created and ALI began expanding its offerings for each of its business units.
The company also successfully segmented its residential product lines to cater to various markets, hence the establishment of Ayala Land Premier for the upscale market, Community Innovations for young achievers, and Avida Land for the middle-income group.
This proved to be effective as ALI posted P22.1 billion in revenues by end-2005, the highest ever recorded by the company. Its net income as of last year was pegged at P3.6 billion, up 21% from 2004.
But Mr. Ayala’s role as CEO does not end at shoring up sales and initiating property developments. Because ALI has always prided itself in having the best people in its team and guiding them to become leaders, Mr. Ayala in effect serves as a leader to the leaders.
“We have made a concerted effort to create an organization that enables leaders to emerge. We have tried to devolve decision-making capacity and clarify accountabilities to empower our teams… This creates leadership opportunities throughout the organization,” he said.
Mr. Ayala admitted that he is more of an overseer than a hands-on manager. This, he said, is also in keeping with the company’s goal of decentralizing leadership and empowering its people.
“I try to see to it that all our colleagues at ALI are equipped and trained to overcome the challenges that work-life presents on a day-to-day basis,” Mr. Ayala said.
“What we need to do is take our solid base of talent in the company to a new level, one in which hierarchies are being replaced by networks and leadership is distributed … rather than [having] pre-programmed directives from some higher authority. Our focus, therefore, is on driving growth by organizing for the future and by creating not a pool of employees, but rather a team of leaders,” he added.
BUSY IN 2007
ALI’s success cannot be credited to one person alone but to the rest of the team, and Mr. Ayala makes sure that his firm is prepared for the coming year. In the pipeline are a number of mall projects, including the much-anticipated TriNoma shopping center in Quezon City , which is expected to increase ALI’s gross leasable area by 30%. ALI will also embark on a geographical expansion of its residential projects, and it will develop information technology (IT) parks for the business process outsourcing (BPO) market.
ALI is also poised to deepen its sales channels, making the balikbayan market a platform for growth in the coming years.
For someone whose aim is to contribute to the transformation of society, perhaps nothing can beat having the opportunity to be in an industry that is, quite literally, engaged in nation-building.
“The best part of being at Ayala Land is that we have the opportunity to become a prime mover in national development. I am thrilled to have the opportunity to be with Ayala Land , as real estate as an industry is really a main driver of the national economy in any country,” said Ayala Land, Inc. (ALI) President and Chief Executive Officer Jaime I. Ayala.
Source: Ayala Land Inc. Article Listing
By 5 a.m., the Zobel brothers are already up, perusing the latest news from around the globe, catching up on paperwork, and reading reports. When a detail needs to be clarified, it is not uncommon for them to send a text message to their managers asking if it’s OK to call — a small habit that implies an awareness that the rest of Ayala corporation does not run on their time, even if they head the country’s largest conglomerate.
“They’re gentlemen down to their fingertips,” said Victoria Garchitorena, Ayala Foundation, Inc. president, who remembers that when her office was located at the Ayala Museum , she was rarely summoned by the brothers to their offices when they wanted to meet. “They would walk from their office to mine, it was no skin off their nose. And I guess they also knew that it was good for the foundation staff to see them once in a while.”
Even before corporate social responsibility (CSR) was pushed into the limelight, the brothers already wanted Ayala’s core business competencies to contribute to the greater good, “The full flowering of that idea is doing business at the bottom of the pyramid,” said Ms. Garchitorena. Manila Water’s “Tubig Para sa Barangay,” and Globe Telecom’s Bridging communities (BridgeCom) program are two concrete examples of how Ayala-led companies have CSR projects that are congruent to their business plans. “That’s the perfect situation because your business goals and your social development goals are aligned.”
“One of the things that make them different from other owners or CEOs is that they’re so eager to learn from everyone. They’re not know-it-alls or the ‘listen-to-me-and-I’ll-tell-you-what-you-need-to-do’ type,” said Ms. Garchitorena.
During management meetings, neither Jaime nor Fernando will hesitate to ask questions when they don’t quite get what’s being said. “They really have deep respect for their management team. They’re open to ideas and they also have the humility and the self-confidence to say, ‘Wait a minute, I don’t understand. Please explain.'”
Ms. Garchitorena added that the brothers share the same sense of humor, which manifests itself in the form of tricks, teasing, and verbal repartee, in turn, they’re also willing to be the object of jokes.
Jaime and Fernando always present a united front when it comes to Ayala Corporation. Although they may initially have different ideas, they are committed to threshing things out until they reach a decision that is amenable to both of them. And once that decision is reached, they support each other all the way.
The Zobels possess a winning combination of good genes and a good upbringing. Ms. Garchitorena credits Don Jaime and Bea Zobel, Jaime and Fernando’s parents, for the brothers’ shared work ethic and down-to-earth demeanor.
“They didn’t feel that they were entitled to all these privileges because they were Zobels. They’re very hardworking,” she said.
For example, when Jaime was a child, he sent his mother a letter apologizing for the extra cost that they would be burdened with because he had enrolled in an additional class; Ms. Garchitorena believes it was gardening. “He had no idea how wealthy they were. I thought that was so telling of how they were brought up. They don’t take things for granted. I think that’s indicative of why they are what they are now,” she said.
Asked to expound, Ms. Garchitorena replied: “They’re good looking, they’re intelligent, they’re articulate, they’re rich, they’re successful, they’re charming, they’re disciplined, they’re sincere and honest, they’re generous, they’re good sons and husbands and fathers, and they have a heart for the poor. Need I say more?”
Source: Ayala Land Inc. Article Listing
August 18, 2008
By Tessa Salazar,
Philippine Daily Inquirer
MANILA, Philippines—If you can afford it, you’ll have all the space to live and play with in this 70-hectare sprawl reserved for only 380 families. And no amount of stone-throwing will land anywhere near your neighbor.
Ayala Land Premier is setting a new standard of living that is seen to surpass those of Forbes Park, Ayala Heights, Ayala Alabang and other high-end Ayala subdivisions.
The lot sizes alone give a hint of the quality of life this ultra high-end residential development is poised to provide. Falling within a tight range of 800 to 1,200 square meters and distributed at a ratio of only five units per hectare, these dimensions, according to Ayala, would help ensure that the homogeneity of the community is preserved and that residents are able to maintain control over access to their private lives.
Low-density premium subdivision
Abrio, a low-density premium subdivision of Ayala Land Premier in Santa Rosa, Laguna would cater to 380 families carved out of a total land area of 70 hectares.
Its road network would be as wide as Ayala Avenue, with pedestrian-friendly walkways, tree-lined streets and bike lanes.
A linear park that goes around the entire subdivision would serve as the perimeter. Fifty percent of all of the land would be open spaces. These open spaces would be unsold, but open for residents to use and accessible from the main roads, open lawn areas, walking trails, bike paths and parks.
Bike paths and walkways would be built into the road networks to reduce dependence on motor vehicles, and a dual piping system enables more efficient use of recycled water. Bioswales would direct the flow of rainwater for irrigation and to naturally resupply underground aquifers. (A bioswale is a shallow depression created in the earth to accept and convey stormwater runoff. It uses natural means, including vegetation and soil, to treat water run-off by filtering out contaminants being conveyed in the water.)
Specifications provided by Ayala Land Premier to Inquirer Property showed stringent standards to ensure the low-density profile of Abrio.
For instance, all lots are exclusively for residential use. Each lot would be used for a single residence only. Each residence, in turn, would have to be occupied by only a single family.
The minimum construction cost for each home is estimated at P10 million. And the height of the houses is limited to a maximum 9 meters from the highest original ground level of the lot to the highest point of the building.
“Imagine Ayala Avenue designed to support enough traffic for a central business district. In Abrio our main road is almost as wide as Ayala Avenue for 380 families. So it is so much more than we’ve ever done in any kind of subdivision before,” said Thomas F. Mirasol, assistant vice president of Ayala Land Premier.
He added that from the edge of the road to the start of a resident’s property would be an extra green, tree-lined space of anywhere between 7 and 9 meters (On the main road the distance is 7 meters. On the secondary roads the distance is 9 meters.).
Rex Mendoza, senior vice president of Ayala Land, said: “There’s so much land that we didn’t even sell, that we have left open for children to play in; we even say there’s no perimeter lot in Abrio.”
Abrio’s amenities include the classic park, clubhouse, multipurpose hall, a gym, covered multipurpose court, a natural playground, infrared security fences, Wi-Fi/WiMax and underground utilities.
Abrio would be part of Ayala’s urban hub Nuvali, hyped to be the new gateway of Region 4. The magnitude of Nuvali itself—a planned mixed-use hub that would utilize urban designs and “green” developments—is almost impossible to ignore. It is eight times the size of the Makati Central Business District at 1,600 hectares.
The centerpiece of all this will be the residential companies of Ayala Land—Ayala Land Premier, Community Innovations and Avida.
‘A long driveway’
There would, indeed, be so much space to spare in Abrio. “Imagine your garage starts 5 meters (the minimum setback from the edge of your property line). That means the edge of the road to the door of your garage can be 14 meters. That’s a long driveway and very grand when you come in,” described Mirasol.
He said that this will be the case for lots located on secondary roads: 9-meter buffer zone, plus a minimum setback of 5 meters from the property line of the lot.
He added: “Imagine houses that don’t start until about 14 meters from the curb of the road. When you’re driving down the street with all of the trees that eventually will be built on both sides, you might not even see the house. Actually, that’s the design-privacy.”
Mirasol said a key attraction of Abrio was the sizes of the lot cuts: Up to 1,200 sq m (with most lot cuts at 924 sq m, and the smallest at 800 sq m).
He added that Ayala had to come out with a policy limiting the number of lots that buyers could purchase to three, observing that some interested parties were intending to purchase multiple lots.
Mirasol explained that in December 2007 Ayala Land Premier made a new class of lots called Park Place Lots available for sale. These lots were sold at P15,000 per square meter, inclusive of VAT. This new price, when compared to the average price when Ayala first launched it in late September 2007 represents an increase of 50 percent.
Mendoza revealed that the market reaction to the project was something Ayala had not experienced before. “Not in that kind of magnitude,” he said.
“And I guess it’s perhaps a lot of people are thinking that Nuvali is a new way of life, and the reason a lot of them are getting two or three lots (in Abrio) would be for their children. This is going to be the standard of living for the future. They’d rather have their kids living here than elsewhere,” Mendoza explained.
New Forbes Park?
Mirasol said Abrio’s tag “new Forbes Park” was not official, and only came from the people who looked at it and concluded the place had the makings of a “new Forbes Park.”
“Actually, there are quite a few similarities such as large lots, small number of total lots and it’s at the edge of what will be the central business district. If you look at Forbes Park now in relation to the Makati business district, Abrio is also near the CBD.”
Mendoza countered, however, by saying, “All through the years, there have been a lot of developments so we’ve improved on so many things in Abrio.”
Copyright 2008 Philippine Daily Inquirer. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
August 18, 2008
It isn’t every day that you come across a one-stop haven for all the things you like, let alone a mall with everything you need. Yet, in the middle of the Bonifacio Global City sits a mall so special, we have to say its name twice: Market! Market!
Since opening in September 2004, Market! Market! continues to redefine the metro’s shopping landscape. It has a little bit of everything for just about everyone. Located at Bonifacio Global City, Taguig, it has all the essentials, including National Book Store, Mercury Drug, Kodak and Ace Hardware. Medical needs are taken care of in the medical clinics in the mall, such as Health way and Dental City, while the various beauty salons, spas, and skin care centers like Dermstrata, Bench Fix, and California Nails and Day Spa ensure you’ll always look your best for any occasion. Banks, optical shops, music stores, and Internet cafes are also located in the mall.
A FIESTA INSIDE A MARKET
At Market! Market!, you can fulfill your marketing and shopping needs all under one roof. With a wide selection of succulent fruits, garden-fresh vegetables, meat, seafood, rice, and other wet market staples, shopping at Fiesta Market is, indeed, a fiesta. Regional carts and kiosks around Fiesta Market let you experience the turones de casoy of Pampanga, the dried crispy shrimp native to Aklan, the biscocho and butterscotch bars of Bacolod, the strawberry treats of the summer capital Baguio; and the spicy dishes of beautiful Bicol, among others.
ONE BIG GASTRONOMIC ADVENTURE
While indulging oneself in the great food finds at the regional carts, the traditional Filipino fiesta experience isn’t complete without damps-style dining. A wide selection of food booths offers delectable dishes, from inihaw to sinigang to other classic Filipino favorites. The appetizing smell of barbeque from Ineng’s or the talaba from Marina Seafood is enough to make mouths water.
BARGAIN HUNTER’S PARADISE
Inside, Market! Market! is a shoppers’ haven and a bargain-hunter’s paradise. The clothes boutiques range from local to imported brands that women and men will love, while sports outlet stores offer great discounts on popular athletic brands to cater to every sports enthusiast’s needs. Kids will enjoy shopping in stores like Kids of Bayo, Anne Juleth and Orange Juice.
Priceline shopping in Market! Market! is also one of its top attractions, with stores that sell different items for only one price. As the name suggests, Vente sells different items from caps to bags for only P20! My Dollar Store and Japan Home Center offer items at one dollar and P88, respectively.
The Home Market at the third level carries an eclectic collection of furniture and home accents, including native and antique furniture at affordable prices. Visit Funktionell at the third level, or find pretty home accents at stores such as Natural Art and Abubot.
The Gift Market at the ground floor is a treasure trove of trinkets, complete with a wide array of items that suits all occasions. Party favors and cool bric-a-bracs make gift shopping a breeze. A diverse collection of pearls and semi-precious stones is available at the Pearl Market section. Fashionistas, meanwhile, will surely have a day at the Fashion Market, located at the second level.
GREAT FINDS AT METRO SUPERMARKET AND DEPARTMENT STORE
The Metro Department Store carries an extensive collection of apparel, shoes, accessories and special items — men’s, women’s, teens/children’s and home. The barong collection in the men’s department and the petite section in the women’s department are certainly worth a visit. Mothers will also have a blast shopping for their little ones’ clothes, character apparel and infant wear. The home department carries cookware, fabrics, linen and bath; plus a special section for appliances, sports equipment, power tools, car accessories, gardening tools, pet care and furniture. Unique to Metro is the wonderful selection of handicrafts and furniture from Cebu. A trip to the Metro Supermarket guarantees that you won’t want hi shop anywhere else. Metro Supermarket contains all the essential grocery needs plus a few surprises. A special “great deals” corner features cool finds at bargain prices. Hard-to-find ingredients and attractive imported products are staples in their shelve.
GIFT-BUYING MADE EASY
The new wing on the ground floor is where the fun’s at, with new shops that cater to kids, teens and adults. The Gift Factory and Blue Magic offer a wide array of stuffed toys and colorful gadgets. It’s Cool ha s a selection of cute school supplies and appealing knickknacks. Stand out from the crowd with custom-made shirts at the T-Shirt Project and then complete the day with an afternoon of fun and games at Timezone.
Truly, the fun is in the finds at this gem of a mall and market inside Bonifacio Global City.
Source: Ayala Land Inc. Article Listing
August 18, 2008
It’s a problem that most people would rather have. Can’t decide between a pair of Havaianas or Crocs? Or a pair of shades from G-Force Oakley or Rudy Project? Confused about choosing from a wide selection of the finest restaurants like Abe, Duo, Portico, or Mini Shabu-Shabu? In a dilemma where to have coffee with Bo’s, Figaro, Starbucks, Seattle’s Best and Coffee Bean & Tea Leaf in the same area? Or in a quandary about which shop or dining establishment to splurge on any given day?
Just like the exciting panoramic canvas of popular Ayala Malls like Greenbelt 3 and Alabang Town Center, Bonifacio High Street is a kilometer-long boulevard of green landscapes that encompasses Serendra and 3rd Avenue with interesting and well-known stores, various interactive artworks in the center, plush offices and residences on its upper floors.
A unique novel concept, shopping and dining at the never overcrowded Bonifacio High Street is a one-of-a-kind experience that’s comparable to a leisurely stroll in equally trendy places like Soho in New York, Lincoln Road in Miami, Santana Row in San Jose, Third Street Promenade in Sta. Monica, Rodeo Drive and The Grove in Los Angeles.
The 36-hectare big Bonifacio High Street is also distinguished by its own retro architecture, spacious walkways and stunningly beautiful sculptures created by acclaimed Filipino artists Reg Yuson, Conrado Velasco and Ronald Achacoso.
Of course, it’s the establishments that define a shopping center and with over 150 merchants offering a wide range of concepts and brands spread across the length of almost a kilometer, BHS certainly does not disappoint in terms of diversity, overall value and cutting edge appeal. These 150 stores are from Serendra side all the way down to Bonifacio High Street.
Aside from those already mentioned above, there’s David and Goliath,an interesting store for children and infants from 3 months-5 years old that offers shirts with humorous prints and texts. There’s Maxiworks, a hobby, gifts, and toy store that offers educational toys and infant developmental toys. And then there’s Mizuno, the first stand-alone store of this Japanese brand of serious sports gear for serious sports like golf and badminton.
The bestsellers are of course, the main reason why Bonifacio High Street remains frequented by its growing number of regular patrons. Krispy Kreme is one of them. The loyal following of this joint is one big reason why it has already sold more than 40,000 doughnuts since it opened late last year.
Another is Crumpler, the hip Australian brand of backpacks and other quirky bags is also one of BHS’s top draws along with the very first on-ground store of Crocs and the biggest store of All Flip-Flops worldwide. All Flip-Flops is where Havaianas are exclusively sold. Springfield and Ecco are likewise BHS favorites, with its equally wonderful collection of fashion for both men and women.
As for the ever reliable staples, you can count on names like Adidas, Nike, The Spa, Dimensione, Fully Booked, Hobbes and Landes, The Picture Company and Timezone to deliver when it matters.
If it’s wellness you’re looking for, wellness is what BHS offers you with stores like Lush, Fruits and Passion, The Natural Source and Face Shop. All stores provide enhancements for natural beauty.
Other establishments worth mentioning include 2nd level mainstays like the Makati Eye Laser Center clinic that offers services such as lasik, epi-lasik, lasik for presbyopia, conductive keratoplasty, multi-focal implants, cataract surgery and general eye care. And then there’s also Intergrow Children’s Activity Center learning center that offers different services such as Kumon Math & Reading, Preparatory Class and summer courses such as Art Workshop, Fun with Mr. Sun and Read & Write On.
Outside of its establishments and appealing aesthetics, Bonifacio High Street is fast becoming its area’s best kept secret because of its strategic location which is just about accessible to most, if not all parts of Metro Manila. Linked directly to the major thoroughfares of EDSA and the C-5 highway, it can also be reached by upscale residents from Quezon City, Makati as well as the Ortigas business districts. Likewise, its proximity to the South Luzon Expressway makes it within reach for those who live in Parañaque, Muntinlupa and other communities on the southern corridor.
At Bonifacio High Street (BHS), people who are willing to have the good things in life wouldn’t be disappointed with the fine selection of shops and restaurants offered by the recently-opened chic and innovative shopping center located at Bonifacio Global City, just a pebble’s throw away from The Fort and Market! Market!
While the stores are pretty much the stars of the place, not to be overlooked is its interactive park where shoppers, diners and just plain promenaders can simply chill out with nature or enjoy some of life’s almost forgotten pleasures, like kite flying. sessions that appeal to both the young and the young at heart.
And of course, events held at BHS are worthy of being called events, be it a jazz fest or bands or face painting and henna tattoo.
So you think life is already good? Well, it just got better with Bonifacio High Street. It’s modern living at its innovative best.
Source: Ayala Land Inc. Article Listing
August 18, 2008
Source: Ayala Land Inc. Article Listing