MAKATI CITY — Rockwell Land Corporation is taking the signature lifestyle of its Makati flagship beyond the capital, with a major retail expansion that anchors the company’s growing regional portfolio. The topping‑off of Power Plant Mall Angeles on March 10, 2026, marks the completion of structural works for the first Power Plant development outside Metro Manila, signaling the brand’s ambition to become a nationally recognized retail flag. Scheduled to open in the third quarter of 2027, the 32,000‑square‑meter mall, referring to its gross leasable area, represents a pivotal moment for the Lopez Group’s upscale property arm. The project solidifies Rockwell’s presence in Central Luzon while reinforcing the enduring value of its Makati flagship as the brand’s gold standard.
A New Retail Landmark in Pampanga
Designed to mirror the signature elegance of Power Plant Mall Makati, the Angeles development will feature a curated mix of international and local brands, daily essentials, and a dedicated al‑fresco dining scene that celebrates Pampanga’s rich culinary heritage. The mall anchors the 4.6‑hectare Rockwell at Nepo Center mixed‑use community, which has already seen strong residential uptake. The Manansala, the first residential tower, is fully sold out and began turning over to residents in January 2026. The BenCab is now 87 percent sold and scheduled for turnover in December 2026, while The Aurelio continues to attract buyers.
Strong Demand Sparks Further Expansion
The success of the joint venture has prompted an even bolder vision for the project. The developers are expanding Rockwell at Nepo Center with an additional 9,000 square meters of land, paving the way for more retail and lifestyle components. The goal is to blend the brand’s signature curated retail mix with local flavors, creating a destination that resonates deeply with the Kapampangan community. The mall broke ground in October 2023 and is set to become the centerpiece of a vibrant Angeles City community.
A P10‑Billion Expansion Pipeline
Rockwell Land’s expansion beyond Makati is backed by significant capital. The company successfully raised PHP10 billion from the first tranche of its PHP20‑billion bond program, with proceeds funding capital expenditures for land development and construction costs across its project pipeline. The bonds received a PRS Aaa rating from PhilRatings, indicating the highest credit quality with minimal risk. The expansion pipeline includes Power Plant Mall Angeles, new retail spaces within Rockwell at IPI Center in Cebu City, and Power Plant Mall Bacolod in Rockwell Center Bacolod. Rockwell Land also recently acquired a controlling stake in Alabang Commercial Corp., which owns and operates Alabang Town Center in Muntinlupa, for PHP21.6 billion. The acquisition, following a rapid series of transactions that saw a longtime partner exit the venture, strengthens the company’s presence in the southern corridor of Metro Manila.
A Growing Legacy Beyond Makati
Power Plant Mall Makati remains the heart of Rockwell Center, a 15.5‑hectare master‑planned community that has defined premium urban living for over two decades. As Rockwell Land expands to Angeles, Cebu, Bacolod, and beyond, the Makati flagship continues to serve as the brand’s benchmark for curated retail, sophisticated design, and integrated living. For investors and homebuyers, Rockwell’s expansion signals sustained confidence in the premium residential and retail segments, reinforcing Makati’s position as the anchor of a growing regional portfolio that now spans Luzon, Visayas, and Mindanao.
