#CulturePH - Araneta City: A Beacon of Innovation in Urban Development
Araneta City, fondly known as the City of Firsts, has once again proven its leadership in urban development. This time, it has been honored as the Most Innovative Mixed-Use Urban Developer in the Philippines for 2024 by the prestigious International Finance magazine, based in the UK.
A Night of Recognition
The award ceremony, held in Bangkok, Thailand on February 21, 2025, saw Rowell Recinto, Senior Management Consultant of Araneta City, and Marjorie Go, VP for Marketing, proudly receiving the accolade. This recognition highlights Araneta City’s remarkable strides in creating a modern, sustainable, and inclusive urban ecosystem that caters to the diverse needs of its residents and visitors.
Araneta City seamlessly blends residential, commercial, retail, and entertainment spaces into a vibrant and dynamic destination. This innovative approach not only fosters community connectivity but also enhances the quality of life for everyone who lives, works, and plays in the area.
“This award serves as a testament to our company's pioneering legacy of innovation and excellence. As we mark over seven decades of dynamic growth and transformation, this milestone highlights our unwavering commitment to redefining urban spaces and creating lasting value for our stakeholders. It motivates us to continue pushing boundaries and making a meaningful impact both locally and globally,” said Mr. Recinto.
A Growing List of Accolades
This latest recognition adds to Araneta City’s impressive list of awards. In 2024 alone, the company received the Top 10 Developer Award from BCI Asia. Additionally, Araneta City's Gateway Mall 2 was honored as the New Mall of the Year in the Philippines by the Retail Asia Awards in Singapore and received the Mall Innovation Award from the Philippine Retailers Association.
A Hub of Innovation
Araneta City is a dynamic mixed-use hub that integrates retail, entertainment, residential, hospitality, and office spaces. Spanning 35 hectares in the heart of Metro Manila, it is home to iconic developments such as the historic Smart Araneta Coliseum, New Frontier Theater, Ali Mall, Farmers Plaza, and the multi-awarded Gateway Mall. It also boasts the country’s first Novotel and ibis Styles hotels and continues to innovate with new offerings like the World Kitchens at Gateway Mall 2.
For more updates on Araneta City, visit their official website or follow them on Facebook, Instagram, X (formerly Twitter), YouTube, and TikTok. You can also download the Araneta City mobile app on the Apple App Store or Google Play Store to stay updated on the latest promos and events.
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