Primark Town Center is engaged in the development of Public Market and Town Center of LKY Group, one of the Philippines' largest land developers.[3] The management is handled by Philippine Primark Properties, Inc., and headed by Wilbert T. Lee as the company's president and CEO.[4]
 | |
| Primark Town Center | |
| Formerly | LKY Prime Builders |
| Company type | Private |
| Industry | Retail |
| Founded | 1996 |
| Headquarters | , |
Number of locations | 47[1] |
Area served | Philippines |
Key people | Wilbert T. Lee (President and CEO) |
| Parent | LKY Group[2] |
| Website | primark |
Etymology edit
Primark is a combination of words "Primary" and "Market". The name is in line to the company's vision by providing prime retail facilities and in providing the basic and primary needs of the community.[5]
History edit
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The company was established since 1996 as LKY Prime Builders Inc, a company under LKY Group that offers construction services and real-estate development.[6] Eleven years later, they engaged in mall business with an investment of ₱1.2 billion as their initial public offering (IPO).[7][8] The Securities and Exchange Commission (SEC) gave them a go signal and proceed with their mall expansion to 12 community malls in the county at their first year.[4][7] Their mall expansion started with their first mall opened in Cabiao, Nueva Ecija on November 28, 2014, followed by Echague, Isabela in April 2015. It then grew with three branches in Sorsogon City in which one of those was bought from the defunct Sorsogon Shopping Center, to the cities of Cauayan and Tuguegarao in Cagayan provinces, Binmaley, Pangasinan, Antipolo and Teresa in Rizal and Muñoz, Nueva Ecija.[9] Primark's major tenants to these branches were SM Savemore Market, Ace Hardware, BDO and Chinabank and McDonald's, and they plan to have them on their future malls.
About ₱867 million or 72.25% of their initial investment of ₱1.2 billion was spent to the construction of their first twelve malls in 2015. The remaining would be for their future sites across the country.
In early 2016, Primark announced their first malls in Visayas and Mindanao. Tacloban is the site of the first Primark branch in Visayas, while Tacurong is the site of the first Primark branch in Mindanao, following their purchase to the Tacurong's MS Store.[10][11]
Currently, the operations and management Primark Town Centers are handled by the Philippine Primark Properties Inc., with LKY Group as their parent company.
Branches edit
Existing Branches edit
| Name | Location | Opening Date | GFA (m2) | Remarks |
|---|---|---|---|---|
| Primark Town Center Echague | Echague, Isabela | April 2015 | 3,831.19 | The First Primark Town Center in the Philippines.[12] |
| Primark Town Center Sorsogon 1 | Sulucan, Sorsogon City | April 2015 | 11,159 | The First Primark Town Center in Sorsogon. It was the former Sorsogon Shopping Center. |
| Primark Town Center Sorsogon 2 | Sampaloc, Sorsogon City | May 2015 | Second Primark Town Center in Sorsogon City | |
| Primark Town Center Cauayan | Cauayan, Isabela | June 2015 | 8,536 | The former public market of the city, Primark had upgraded the said market and redeveloped the area. |
| Primark Town Center Sorsogon 3 | Talisay, Sorsogon City | July 9, 2015 | 3,000 | Third Primark Town Center in Sorsogon City[12] |
| Primark Town Center Tuguegarao | Tuguegarao, Cagayan | May 27, 2016 | 8,651 | The former Paseo Reale Mall[13] |
| Primark Town Center Teresa | Teresa, Rizal | 2,883 | First primark town center in Rizal. | |
| Primark Town Center Bambang | Bambang, Nueva Vizcaya | 3,300 | ||
| Primark Town Center Silang | Silang, Cavite | 9,000 | ||
| Primark Town Center Cabiao | Cabiao, Nueva Ecija | November 28, 2014 | 4,401 | The first primark town center in Nueva Ecija.
The first primark town center mall opened in the Philippines. |
| Primark Town Center Santa Cruz | Santa Cruz, Laguna | 6,907 | ||
| Primark Town Center Quezon-Araneta | Santo Domingo, Quezon City | 2,786 | ||
| Primark Town Center Guagua | Guagua, Pampanga | 4,013 | ||
| Primark Town Center Aringay | Aringay, La Union | March 30, 2017 | ||
| Primark Town Center Gerona | Gerona, Tarlac | September 8, 2017 | ||
| Primark Town Center Brixton | Brixton, Camarin, Caloocan | TBA | ||
| Primark Town Center Deparo | Deparo, Caloocan | TBA | ||
| Primark Town Center Atherton | Atherton, Fairview, Quezon City | TBA | ||
| Primark Town Center Bauan | Bauan, Batangas | |||
| Primark Town Center Gapan | Gapan, Nueva Ecija | June 8, 2017 | former Gapan City Mall | |
| Primark Town Center Deparo-Gilmar | Caloocan | September 21, 2017 | ||
| Primark Town Center San Jose Del Monte | San Jose del Monte, Bulacan | October 2017 | First Primark mall in Bulacan | |
| Primark Town Center Guimba | Guimba, Nueva Ecija | October 27, 2017 | ||
| Primark Town Center Macabebe | Macabebe, Pampanga | October 30, 2017 | ||
| Primark Town Center Plaridel | Plaridel, Bulacan | October 30, 2017 | Second Primark mall in Bulacan | |
| Primark Town Center Double L | Rodriguez, Rizal | November 2017 | ||
| Primark Town Center Camarin | Zapote, Camarin, Caloocan | December 2017 | ||
| Primark Town Center Mexico | Mexico, Pampanga | 2017 | ||
| Primark Town Center Cainta | Cainta, Rizal | January 18, 2018 | ||
| Primark Tower Mall | Trece Martires, Cavite | |||
| Primark Town Center Cordon | Cordon, Isabela | February 8, 2018 | ||
| Primark Town Center Aurora, Isabela | Aurora, Isabela | February 8, 2018 | ||
| Primark Town Center Tacurong | Tacurong, Sultan Kudarat | April 2018 | First Primark Town Center in Mindanao. The former MS Store. | |
| Primark Town Center Tagaytay | Tagaytay-Nasugbu Highway Brgy. Maharlika East, Tagaytay, Cavite | September 20, 2018 | First Primark Town Center branch to carry SM Hypermarket. Second in Cavite area. | |
| Primark Town Center Rosario | Gen. Trias Drive Poblacion, Rosario, Cavite | October 2, 2018 | A Public-Private Partnership of the Municipality of Rosario with Philippine Primark Properties Inc. | |
| Primark Town Center Caibaan | Tacloban | March 14, 2019 | First Primark Town Center in the Visayas | |
| Tower Mall | Trece Martires, Cavite | A Public-Private Partnership of the City Government of Trece Martires & Philippine Primark Properties Inc. | ||
| Primark Town Center Noveleta | Noveleta, Cavite | April 24, 2019 | ||
| Primark Town Center Tayabas | Tayabas, Quezon | May 14, 2019 | ||
| Primark Town Center Mactan, Cebu | Mactan, Cebu | |||
| Primark Town Center Kasiglahan | Rodriguez, Rizal | TBA | ||
| Town Center Sogod | Sogod, Southern Leyte | December 21, 2020 | ||
| Town Center Pontevedra | Pontevedra, Capiz | December 24, 2020 | ||
| Puregold Tuao (Town Center Tuao) | Tuao, Cagayan | February 27, 2021 | ||
| Town Center Solana | Solana, Cagayan | February 27, 2021 | ||
| Puregold Lal-lo (Town Center Lal-lo) | Lal-lo, Cagayan | March 3, 2021 | ||
| Town Center Aparri | Aparri, Cagayan | March 18, 2021 | ||
| Town Center Catanauan | Catanauan, Quezon | December 22, 2021 |
Future Branches edit
| Name | Location and description | Opening Date | GFA (m2) | Remarks |
|---|---|---|---|---|
| Primark Town Center San Mateo | San Mateo, Isabela | TBA | ||
| Puregold Sorsogon (Town Center Sorsogon) | Sorsogon City | TBA | ||
| Public Market Catbalogan | Catbalogan, Samar | TBA | 30,000 | Former Catbalogan Public Market |
| Public Market Talisay | Talisay, Batangas | TBA | 30,000 | Former Talisay Public Market |
| Primark Town Center Binmaley | Binmaley, Pangasinan | 3,541 | ||
| Primark Town Center - V & G Subd., Tacloban | Tacloban | |||
| Primark Town Center Paliparan | Paliparan, Dasmariñas, Cavite | 10,371 | ||
| Primark Town Center Antipolo | Antipolo | 3,129 | ||
| Primark Town Center Muñoz | Muñoz, Nueva Ecija | 5,423 | ||
| Primark Town Center Santiago | Batal, Santiago, Isabela | TBA | Under Construction | |
| Primark Town Center Bayombong | Bayombong, Nueva Vizcaya | TBA | Soon to rise | |
| Primark Town Center | Surigao City | 2026 | Soon to rise | |
| Primark Town Center | Hagonoy, Bulacan | TBA | Soon to rise | |
| Primark Town Center | Moncada, Tarlac | TBA | Soon to rise | |
| Primark Town Center | Infanta, Quezon | TBA | Soon to rise | |
| Primark Town Center | Pililla, Rizal | TBA | Soon to rise | |
| Primark Town Center | Candaba, Pampanga | TBA | Soon to rise | |
| Primark Town Center | Santa Cruz, Zambales | TBA | Soon to rise | |
| Primark Town Center | Lubao, Pampanga | TBA | Soon to rise | |
| Primark Town Center | Atimonan, Quezon | TBA | Soon to rise | |
| Primark Town Center | Calauag, Quezon | TBA | Soon to rise |
See also edit
External links edit
References edit
- ^ "About Primark Town Center | Primark Town Center". primark.com.ph. Retrieved November 24, 2016.
- ^ "Primark Shopping | LKY Group". lkygroup.com. Retrieved November 24, 2016.
- ^ "The LKY Group | LKY Group". lkygroup.com. Retrieved November 24, 2016.
- ^ a b "Philippine Primark Properties, Inc.: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved November 24, 2016.
- ^ "About Primark Town Center | Primark Town Center". primark.com.ph. Retrieved November 24, 2016.
- ^ Dumlao-Abadilla, Doris. "SEC oks P1.2B Primark shopping center IPO". Philippine Daily Inquirer. Retrieved November 24, 2016.
- ^ a b Gonzales, Iris. "Primark Properties gets OK for P1.2-B IPO". The Philippine Star. Retrieved November 24, 2016.
- ^ Gonzales, Iris C. "Town mall developer eyes P1.2 B from IPO". The Philippine Star. Retrieved November 24, 2016.
- ^ "Sorsogon 1, Sorsogon City | LKY Group". lkygroup.com. Retrieved November 24, 2016.
- ^ "Primark Locations | Primark Town Center". primark.com.ph. Retrieved November 24, 2016.
- ^ "Catbalogan City announces new investment, development activities". Sun. Star. October 14, 2016. Retrieved November 24, 2016.
- ^ a b "Primark - Primark Opens New Mall in Sorsogon".
- ^ "Primark Locations | Primark Town Center". primark.com.ph. Retrieved November 24, 2016.