MarketSt. Francis Square
Company Profile

St. Francis Square

St. Francis Square is a 1.30 hectares mixed-use development located within the Ortigas Center central business district in Mandaluyong, Philippines. The development is owned and managed by the St. Francis Square Group of Companies and is located across the SM Megamall and beside The Podium. The complex has a total floor area of 101,700 m2 (1,095,000 sq ft) and consists of the BSA Twin Towers and the St. Francis Square Mall, which comprises a mixture of both retail and office spaces. The complex is also situated within a walking distance to the Ortigas station of the MRT 3 and the Ortigas Bus Stop of the EDSA Carousel.

History
Groundbreaking and construction of the complex began in 1998 and was aimed to be completed in 2000. Due to some controversies regarding the financing of ASB Group of Companies, which later became known as the St. Francis Square Group of Companies, due to rising debts that caused the company to struggle to maintain profits, which later rose to a total of ₱12.7 billion, and alongside the effects of the 1997 Asian financial crisis. Due to these funding delays in the construction works, the interior finishing works for the twin towers were eventually halted. The delay also caused the St. Francis Group to prioritize other properties, which included the St. Francis Square Mall, which was completed in 2005, and other residential projects. After 9 years of being delayed, construction for the twin towers resumed in 2009 and the buildings were later finished in 2011. ==Components==
Components
The complex presently comprises two key properties, namely the BSA Twin Towers and the St. Francis Square Mall. Costing roughly 550 million during its construction in 1998, the complex sits on and were designed by local architecture firm R. Villarosa Architects. The complex was fully completed in 2011, with the completion of the BSA Twin Towers. BSA Twin Towers The complex has three buildings, but the main two towers are the most notable properties of the complex. Each tower stands high, occupying a land area of of the site's land. At night, the towers are illuminated with a neon light display from the central part of the towers to the tower's pyramid-style roofs, with logos of the St Francis Group of Companies, AUX Aircon, and HKTV (HongKong TV) attached on the roof's exteriors. Office spaces are also present at the tower's three podium levels and are occupied by various local firms. The towers' amenities feature a lap pool, a lagoon pool, the Cornerstone restaurant, a children's playground, an outdoor jogging path at the ninth floor, four function rooms, and a gym located at the sixth floor. St. Francis Square Mall The St. Francis Square Mall is a four-storey mall located within the St. Francis Square complex which topped off in August 2005 and later opened on October 21, 2005. The mall has a total floor area of and are separated to the BSA Twin Towers' driveway and an open parking lot that caters both UV Express vehicles that serve the SM Megamall UV Express terminal and delivery trucks. The Super Tiangge area of the mall once hosted over 1,000 stalls and stores. It also housed the Christ's Commission Fellowship (CCF) megachurch from 1997 to 2013, when the megachurch moved to the CCF Center in Frontera Verde (now Ortigas East) in Pasig. Lower levels Tenants of the mall included the Puregold Jr. Supermarket on the basement floor, the St. Francis Generic Drug Store and St. Francis Bookstore on the ground floor, and the St. Francis Department Store at the mezzanine floor of the mall. At its peak, the mall attracted a daily foot traffic of 50,000 people, and was known for its tiangge stalls that mainly sold phone cases, gadget repair services, DVDs, and children's toys. Since July 2024, a portion of the mall's ground floor is occupied by the Ortigas campus of the Makati Hope Christian School. Upper levels The third, fourth, and fifth floors of the mall formerly housed the St. Francis branch of CCF. A part of the third floor acted as a transit floor for escalators from the second floor to the fifth floor as a direct access corridor to and from the CCF auditorium, while the fifth and sixth floors housed the 3,000-person capacity CCF Auditorium and other support facilities such as its clinic and overflow room. == See also ==
tickerdossier.comtickerdossier.substack.com