What happened to Ever Gotesco?

On March 17, 2012, Ever Gotesco Grand Central Mall in Caloocan burned down in a devastating fire which raged for more than 20 hours. The mall closed down after fire brought under control, and was subsequently demolished and its property title foreclosed and sold.

Who owns Ever Gotesco Commonwealth?

Gotesco Tyan Ming Development, Inc.
The Company owns 100% of Gotesco Tyan Ming Development, Inc., owner of the Ever Gotesco Ortigas Complex. The Company operates two malls, namely, the Ever Gotesco Commonwealth Center and the Ever Gotesco Ortigas Complex (EGOC)….Company Information.

When was Ever Gotesco Commonwealth built?

Ever Gotesco Commonwealth Center was built in 1994 and is strategically located along Commonwealth Avenue in Quezon City to cater to sprawling low and middle-income communities in the area.

Who is Jose go?

Businessman Jose Go, the man behind the moribund Ever Gotesco mall chain, has been sentenced to at least 29 years and 2 months in prison for defrauding Orient Commercial Bank Corporation—the first Philippine bank to fall during the 1997 Asian financial crisis—and its depositors of some P159 million.

What is the first mall in the Philippines?

The first major shopping mall in the Philippines, the retail area was named in honor of boxer Muhammad Ali, and was built in 1976, making it one of the oldest malls in the country….Ali Mall.

What happened Coastal Mall?

The building is currently converted to a transport terminal for public utility vehicles from Batangas and Cavite. By 2006, Coastal Mall was superseded by SM Mall of Asia.

Why is Coastal mall closed?

The building, now abandoned, is set to be demolished to make way for a high-rise building. In the ’90s, the Uniwide Coastal Mall was envisioned to become the country’s biggest shopping mall complex. The mall was 90% complete and was partially operational when the 1997 Asian financial crisis hit the country.

What is the most luxurious mall in the Philippines?

Top 10 most high-end malls in Metro Manila

• The Podium, Mandaluyong City.
• Century City Mall, Makati City.
• Newport Mall, Pasay City.
• Greenbelt, Makati City.
• SM Aura Premier, Taguig City.
• Shangri-La Plaza, Mandaluyong City.
• Lucky Chinatown Mall, Manila.
• Eastwood Mall, Quezon City.

Why did uniwide closed?

In 2013, the SEC ordered the liquidation of Uniwide Holdings assets, noting that it can no longer be revived, as its debts were too huge while it had minimal operations already.

Who is the owner of Uniwide?

Jimmy Gow
Uniwide Sales