Riverbanks Center

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Marikina Riverbanks Center at night.
At sunset.

Riverbanks Center (also known as Marikina Riverbanks) is a mall and office complex located off of A. Bonifacio Avenue in Barangay Barangka, Marikina City, near the Marcos Bridge over the Marikina River.[1][2]

History

Riverbanks is located on a 21 hectares (52 acres) site which formerly held a Universal Textile Mills Factory.[3] The Riverbanks Development Corporation acquired the site in 1995.[2] It opened to the public in April 1999.[4]

The self-proclaimed world's largest pair of shoes are on display at Riverbank Center. 5.29 metres (17.4 ft) long and 2.37 metres (7 ft 9 in) wide, equivalent to a French shoe size of 753, they were created over 77 days between August 5 and October 21, 2002 by Marikina City shoe industry businesspeople. The creators attempted to have it certified for the 2004 edition of the Guinness World Records, but due to space limitations the alleged record was not published in the book.[5]

Mall

The SM Group's first Savemore market was opened at Riverbanks in 1999.[6] By 2001, the mall had 200 tenants and had completed an expansion of the mall to offer more retail space.[2] The mall's foot traffic grew from 24,000 people per day in 2000 to 51,000 per day (with 63,000 to 70,000 on weekends) in 2001. Later that year, Riverbanks announced another mall extension to house retail businesses which offered 24-hour opening, including fitness centers and convenience stores.[7]

Aside from retailers and restaurants, there are educational facilities in the mall as well. The Philippine Science Centrum, an interactive museum, is located in Building D; it opened in 1990 in Pasay City, but later moved to its present site which was donated by Riverbanks.[8][9] Also in the mall is Kalayaan College, a tertiary facility founded by former University of the Philippines president Jose V. Abueva and other former UP faculty, but it was moved to Quezon City.[10]

Offices

Riverbanks Center Towers 1 and 2 are listed as approved IT Centers by the Philippine Economic Zone Authority, making export-oriented companies located therein eligible for temporary tax holiday, permanent reduced rate of corporate income tax, and other incentives. As of May 2010, it is one of only two developments in Marikina City to have this status, the other being Blue Wave-Marikina IT Center.[1] The first call center to locate in Riverbanks, and by extension the whole of Marikina City, was the NASDAQ-listed ICT Group, who moved in during 2006. ICT already had offices in Makati City and Ortigas Center since 2003 and 2004, respectively.[3] The new ICT office initially employed 1,400 staff.[11]

Anchors

Main Anchors

  • SaveMore Market
  • Riverbanks Off-Price Department Store
  • Shoe Gallery
  • Philippine Science Centrum

Incidents

  • The whole complex submerged including the mall during the onslaught of Typhoon Ondoy on September 26, 2009.

References

  1. ↑ 1.0 1.1 "Operating Economic Zones". Philippine Economic Zone Authority. Retrieved 2010-12-30. 
  2. ↑ 2.0 2.1 2.2 "Riverbanks Center on the rise". Philippine Daily Inquirer. 2001-04-03. p. B7. Retrieved 2010-12-30. 
  3. ↑ 3.0 3.1 Estavillo, Maricel E. (2006-02-27). "Marikina City gets its first call center locator". GMA News. Retrieved 2010-12-30. 
  4. ↑ "Around The Nation: Riverbanks turns 5". Manila Bulletin. 2004-04-17. Retrieved 2010-12-30. "Riverbanks Center in Marikina City is celebrating its fifth anniversary this April." 
  5. ↑ Luci, Charissa M. (2004-10-03). "Why Marikina did not make it to the Guinness 2004 edition". Manila Bulletin. Retrieved 2010-12-30. 
  6. ↑ Salientes-Narisma, Corrie (2010-04-08). "Your 'sari sari' store and grocery rolled into one". Philippine Daily Inquirer. Retrieved 2010-12-30. 
  7. ↑ "Riverbanks Center to construct arcade". Philippine Daily Inquirer. 2001-06-19. p. B9. Retrieved 2010-12-30. 
  8. ↑ Buban, Charles E. (2008-11-01). "Science center inspires young minds". Philippine Daily Inquirer. Retrieved 2010-12-30. 
  9. ↑ Alave, Kristine L. (2007-08-25). "Interactive museum makes science fun". Philippine Daily Inquirer. Retrieved 2010-12-30. 
  10. ↑ Olivares-Cunanan, Belinda (2001-02-17). "A new alternative to a UP education". Philippine Daily Inquirer. Retrieved 2010-12-30. 
  11. ↑ Noda, Tom S. (2006-09-22). "U.S. outsourcer opens third Philippine call center". Computer World. Retrieved 2010-12-30. 

External links

Wikimedia Commons has media related to Riverbanks Center.

Coordinates: 14°37′52″N 121°04′55″E / 14.631061°N 121.082039°E / 14.631061; 121.082039

Capital District
Eastern Manila District
Southern Manila District
CAMANAVA District
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