Filinvest Land Expands Retail Presence in Visayas with Mall Portfolio Growth 

Filinvest Land, Inc. (FLI), a leading property developer in the Philippines, is bolstering its retail footprint in the Visayas region through strategic expansions in its mall portfolio. With the recent opening of Filinvest Malls Dumaguete in Negros Oriental and the growth of tenant offerings at IL Corso Mall in Cebu, FLI continues to enhance its presence in the region, catering to the evolving lifestyles and needs of Visayans. 

Dumaguete Welcomes Filinvest’s Fifth Mall 

The inauguration of Filinvest Malls Dumaguete last September 26, 2024, marks a significant milestone for FLI as its fifth mall, adding to the company’s shopping and dining portfolio. Located at Flores Avenue corner E.J. Blanco Street, Dumaguete City, the mall is strategically positioned along Dumaguete Bay, offering picturesque coastal views and an extensive lineup of local and national brands. 

“We are excited to become a part of Dumaguete’s rich culture and history and to contribute to its continued progress and development,” shared Mitch A. Dumlao, Filinvest Malls First Vice-President and Retail Business Unit Head. “Beyond creating a space where locals and visitors can come together as a community to enjoy shopping, dining, and leisure activities, we aim to boost tourism, create job opportunities, and support local businesses.” 

Filinvest Malls Dumaguete features a diverse mix of tenants, including UCC Cafe Terrace, The Medical City Clinic, Power Mac Center, and Sans Rival Bistro, alongside other retail, dining, and service brands that cater to the preferences of Dumagueteños. 

IL Corso Cebu: A Hub for Active Lifestyles 

Complementing its expansion in Dumaguete, Filinvest Land’s IL Corso Mall in Cebu has established itself as a premier lifestyle destination. With a GLA of 18,049 square meters, IL Corso has welcomed an array of global active lifestyle brands, reinforcing its commitment to health and wellness. Recent additions to its tenant roster include Converse, New Balance, Skechers, and the first Puma outlet store in the Visayas region. 

“IL Corso has become a preferred destination for those who embrace an active lifestyle,” said Dumlao. “These new tenants align with our vision to create vibrant spaces that not only offer retail options but also promote a balanced and dynamic way of living.” 

Set against the backdrop of Cebu’s stunning coastline, IL Corso continues to draw both locals and tourists, offering an immersive shopping, dining, and leisure experience. Its tenant lineup, coupled with its scenic views and modern amenities, underscores its position as a premier lifestyle hub in Cebu. 

Commitment to Regional Growth 

With Filinvest Malls Dumaguete and IL Corso Cebu, FLI demonstrates its dedication to driving economic growth and enhancing the retail landscape in the Visayas. These developments are part of FLI’s broader vision to deliver spaces that foster community, sustainability, and innovation across the country. 

A Peek into 2025 

Filinvest Malls is set to continue its expansion into 2025 with the opening of Filinvest Malls Mimosa in the fourth quarter, alongside significant upgrades to Festival Mall, its flagship development in Alabang. The West Wing cinemas will be repurposed into an “edu-tainment” facility leveraging digital technology, while the East Wing cinemas will undergo modernization to elevate the viewing experience. These developments highlight Filinvest Land’s strategic focus on enhancing its retail portfolio while catering to the evolving needs of communities across the country.