Araneta City, the City of Firsts, continues to be recognized as a leader in urban development after being named the Most Innovative Mixed-Use Urban Developer in the Philippines for 2024 by International Finance, a prestigious business and finance magazine based in the UK.
Rowell Recinto, Senior Management Consultant of Araneta City, and Marjorie Go, VP for Marketing, received the award during the ceremony held in Bangkok, Thailand on February 21, 2025.
This prestigious recognition underscores Araneta City’s significant progress in building a modern, sustainable, and inclusive urban ecosystem that meets the diverse needs of an evolving populace. Araneta City seamlessly integrates residential, commercial, retail, and entertainment spaces into a vibrant destination which in the end, fosters community connectivity and enhances quality of life.
“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.
This recognition from International Finance adds to Araneta City’s growing list of awards. In 2024, the company received the Top 10 Developer Award from BCI Asia. In the same year, 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.
Araneta City is a dynamic mixed-use hub integrating retail, entertainment, residential, hospitality, and office spaces, built on a 35-hectare property in the heart of Metro Manila. A trailblazer for over seven decades, it is home to developments such as the historic Smart Araneta Coliseum and New Frontier Theater, the classic Ali Mall and Farmers Plaza, the multi-awarded Gateway Mall, and the country’s first Novotel and ibis Styles hotels. It continues to innovate with new offers such as the World Kitchens at Gateway Mall 2. Araneta City continues to be the City of Firsts.