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GIVING WAY TO THE NEW. The iconic Greenbelt 1 mall along Paseo de Roxas, Makati City will close its doors today, April 1, to give way to a new structure by 2028. . Manny PalmeroProperty giant Ayala Land, Inc. closes the Greenbelt 1 mall in Makati City today to commence its five-year, P13-billion mall redevelopment plan.
The 41-year-old Greenbelt 1 will be redeveloped into a luxury mall that will feature top fashion retail brands.
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