Type: shopping-mallEntrance fee: FreeHours: 10:00 AM–9:00 PM dailyBest time: Weekday mornings or afternoons for lighter crowds; evenings for dining
Overview
The mall’s footprint sits within Cebu Business Park, developed on the former 45-hectare Club Filipino golf course after the Cebu provincial government sold the property to Ayala Corporation in the late 1980s — not, as an earlier draft of this file claimed, on the site of the old Lahug Airport. That airport’s runway grounds, in nearby Barangay Apas/Lahug, became a separate Ayala development, Cebu IT Park (formerly Asiatown IT Park), after the airfield’s 1989 closure. Ayala Land opened the center in November 1994. The Terraces, an open-air dining tier that gave the mall a second, garden-facing identity alongside its enclosed retail core, opened later as a roughly ₱600-million expansion on October 30, 2008 — not 2013 as an earlier draft of this file had it. It functions less as a single destination than as an anchor for the wider Cebu Business Park district, which has since built up around it as a business and residential zone.
Location
Cebu Business Park, Barangay Luz, Cebu City.
Getting There
Roughly 8–10 minutes from Cebu IT Park or downtown Cebu City by taxi or Grab; around 35 minutes from Mactan-Cebu International Airport.
Practical Info
- Entry is free; parking and individual store pricing vary.
- Free Wi-Fi throughout the mall.
- On-site parking is extensive, across surface and structured levels.
What to Expect
The Terraces reads as the more distinct half of the property — an open-air, landscaped dining tier that breaks from the enclosed-mall format of the older retail core it’s attached to.
Notes
The November 1994 opening date and the October 30, 2008 opening of The Terraces (~₱600 million project) are confirmed independently of the original operator research file. Ayala Center Cebu — Wikipedia, accessed 2026-07-17.
The Lahug Airport site claim was checked this pass (2026-07-28) using a fresh angle — official Ayala/Alveo Land corporate history and a Cebu Daily News historical retrospective, rather than re-running the same Wikipedia lookup — and found to be incorrect rather than merely unconfirmed: Cebu Business Park (and Ayala Center Cebu within it) was built on the former 45-hectare Club Filipino golf course, sold by the Cebu provincial government to Ayala Corporation in the late 1980s. The old Lahug Airport site became a separate, nearby Ayala development, Cebu IT Park (Asiatown IT Park), after the airfield closed in 1989. Corrected in the Overview and description above per: Cebu Business Park — Wikipedia, Remembering Lahug Airport — Cebu Daily News/Inquirer.net, and Ayala Land’s Cebu Estates — Alveo Land, all accessed 2026-07-28.
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