Centrio Mall opened in late 2012 in downtown Cagayan de Oro along Corrales Avenue at the corner of Captain Vicente Roa Street, becoming Ayala Land’s first property in Northern Mindanao. The mall is the retail component of the Centrio mixed-use development that also includes the Seda Centrio hotel and the Centrio Tower residential building, together forming a connected city-block-scale Ayala Land project in the Cagayan de Oro central business district.
Anchor tenants include the Metro Supermarket, the Ayala Cinemas, Uniqlo, and a curated cluster of dining and lifestyle operators that target the upper-middle-class CDO catchment. The mall’s smaller scale relative to the larger SM CDO Downtown and SM CDO Uptown properties reflects Ayala’s positioning as a higher-end alternative rather than a mass-market competitor. The pet-friendly policies, the open-air outdoor plaza, and the integrated hotel-residential complex distinguish Centrio from the surrounding shopping options.
The Corrales Avenue location places Centrio in the heart of Cagayan de Oro’s historic central business district, the older urban core that anchored the city before the development of Pueblo de Oro Township and the newer commercial districts. The mall serves a catchment that includes downtown CDO residents, the surrounding business district workforce, and visitors staying at the Seda Centrio. Approximately 1.4 million residents live in metropolitan Cagayan de Oro, with the Centrio catchment skewing toward the higher-income segment relative to the more mass-market SM properties in the city.
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