Bonifacio High Street
An open-air, mixed-use retail and lifestyle center in Bonifacio Global City, Taguig, Philippines.
Last updated August 22, 2026
Overview
Bonifacio High Street is an open-air, mixed-use shopping and lifestyle development in Bonifacio Global City, Taguig, within Metro Manila, Philippines. It is operated under Ayala Malls, the mall and retail property platform of Ayala Land, which is affiliated with Ayala Corporation. The complex is positioned as an upscale urban destination combining retail, restaurants, leisure, entertainment, landscaped public spaces, and connections to surrounding commercial and residential developments. The original core of Bonifacio High Street is organized into a sequence of open-air blocks. The first and second blocks primarily consist of outdoor retail promenades and dining spaces. The third block, known as Bonifacio High Street Central, combines open-air and indoor commercial buildings and includes modern cinema facilities. The fourth block, Bonifacio High Street South, extends the development into a mixed-use residential and commercial district with condominiums, offices, landscaped areas, and additional retail destinations. The center is located close to other major Bonifacio Global City destinations, including Serendra, Market! Market!, and SM Aura Premier. Its design draws on the idea of an urban shopping boulevard rather than a conventional enclosed mall, using broad pedestrian areas, public art, greenery, restaurants, and event spaces to create a destination for shopping and social activity. Its tenant mix includes international fashion, specialty retail, food and beverage, supermarket, department-store, cinema, and lifestyle concepts. Several later additions broadened the offer. Central Square, an indoor component developed and operated by SSI Group, opened in June 2014. Its retail floors contain international brands managed in the Philippines by SSI Group, while its cinema level is operated by Ayala Malls. One Bonifacio High Street opened in August 2018 as the podium of The Suites at One Bonifacio High Street residential tower and the Philippine Stock Exchange Tower. The building added approximately 23,000 square meters of gross leasable area to the wider complex. In October 2021, The Landmark Bonifacio Global City opened in the first two levels of Three Parkade, adding a Landmark supermarket and department store. Bonifacio High Street South contains or fronts several residential and office developments, including The Maridien, Verve Residences, West Gallery Place, East Gallery Place, and High Street South Corporate Plaza. Together, these components make Bonifacio High Street more than a standalone mall: it functions as a retail corridor and mixed-use urban district integrated into the wider Bonifacio Global City master plan. In 2024, the development was reported as the 43rd most expensive retail street in the world, reflecting its premium positioning and the commercial value of its location.
History
Bonifacio High Street developed as a major retail and public-space destination within Bonifacio Global City, a planned mixed-use district in Taguig, Metro Manila. Rather than following the fully enclosed format of many large Philippine shopping malls, the development uses an open-air boulevard and a series of connected commercial blocks. Its design combines shops, restaurants, pedestrian areas, landscaped spaces, amenities, entertainment, and public-facing urban spaces. The core development is divided into four principal sections. The first and second blocks form the original open-air shopping area. The third block, Bonifacio High Street Central, combines outdoor and indoor commercial buildings and includes cinema facilities. The fourth block, Bonifacio High Street South, extends the complex into a mixed-use area with retail, residences, offices, and landscaped parks. The wider development is near Serendra, Market! Market!, and SM Aura Premier, making it part of a dense cluster of retail and lifestyle destinations in Bonifacio Global City. A significant expansion came with Central Square, which opened in June 2014. Developed and operated by SSI Group, the indoor center added three retail floors, basement parking and supermarket space, and a cinema level operated by Ayala Malls. Its tenant mix included international brands represented in the Philippines by SSI Group, including Muji, Shake Shack, and Tommy Hilfiger. Central Square complemented the open-air blocks with a more conventional enclosed retail environment. In August 2018, One Bonifacio High Street opened as the podium of The Suites at One Bonifacio High Street residential tower and the Philippine Stock Exchange Tower. Located across from Bonifacio High Street Central and near Shangri-La at The Fort, the development added roughly 23,000 square meters of gross leasable area. It further integrated retail with high-rise residential and financial-district uses. The Landmark Bonifacio Global City opened in October 2021 in the first two levels of Three Parkade, a parking facility adjacent to Central Square. It became the fifth store operated under The Landmark banner and was described as the smallest of the chain's stores. The first level contains a Landmark supermarket, while the upper level contains a department store with the chain's characteristic homeware offering and a smaller cosmetics section. Bonifacio High Street South provides another layer of mixed-use development. It includes residential projects such as The Maridien, Verve Residences, West Gallery Place, and East Gallery Place, together with High Street South Corporate Plaza and landscaped parks. Its planning and architectural language has been associated with boutique and premium urban districts in cities including New York, Los Angeles, Toronto, Kuala Lumpur, Singapore, Hong Kong, Tokyo, and Seoul. Under Ayala Malls and Ayala Land, Bonifacio High Street operates as a branded destination rather than only a collection of leased retail premises. Its value proposition rests on premium tenants, dining, entertainment, walkability, public-space programming, and integration with offices and residences. By 2024, its reported position as the world's 43rd most expensive retail street reflected the commercial importance of the district and the upscale character of the destination.
- 2024Recognized among the world's most expensive retail streets
Bonifacio High Street was reported as the 43rd most expensive retail street globally.
- 2021The Landmark Bonifacio Global City opens
The Landmark opened at Three Parkade in October with supermarket and department-store operations.
- 2018One Bonifacio High Street opens
One Bonifacio High Street opened in August as the retail podium of a residential and financial mixed-use development.
- 2014Central Square opens
Central Square opened in June as an indoor retail and entertainment component of the Bonifacio High Street complex.
Products and positioning
Upscale open-air urban retail and lifestyle destination integrated with premium commercial, residential, office, dining, and entertainment uses.
Bonifacio High Street CoreOpen-air shopping and lifestyle center
The core destination consists of the first and second open-air blocks, with retail stores, restaurants, pedestrian promenades, landscaped areas, leisure amenities, and entertainment-oriented spaces. The format emphasizes an outdoor urban experience and connects commercial activity with public space.
Bonifacio High Street CentralMixed indoor and open-air retail center
The third block combines open-air commercial areas with indoor buildings and includes modern cinema facilities operated by Ayala Malls. It provides a bridge between the original pedestrian shopping boulevard and later enclosed retail additions.
Central SquareIndoor shopping center2014
Central Square is an indoor component developed and operated by SSI Group. It contains three retail floors, two basement levels with supermarket and parking facilities, and a cinema floor operated by Ayala Malls. Its retail offer includes international brands represented locally by SSI Group.
One Bonifacio High StreetMixed-use retail podium2018
One Bonifacio High Street is the podium of The Suites at One Bonifacio High Street residential tower and the Philippine Stock Exchange Tower. It adds retail and commercial facilities to the complex and has approximately 23,000 square meters of gross leasable area.
The Landmark Bonifacio Global CitySupermarket and department store2021
Located in the first two levels of Three Parkade, The Landmark Bonifacio Global City contains a Landmark supermarket on the lower level and a department store above it. The department store includes homeware and a smaller cosmetics section.
Bonifacio High Street SouthMixed-use residential and commercial district
Bonifacio High Street South combines open-air and indoor commercial uses with residential towers, offices, and landscaped parks. Its developments include The Maridien, Verve Residences, West Gallery Place, East Gallery Place, and High Street South Corporate Plaza.
Flagship businesses
- Open-air Bonifacio High Street retail promenade
- Bonifacio High Street Central
- Central Square
- One Bonifacio High Street
- Bonifacio High Street South
- The Landmark Bonifacio Global City at Three Parkade
Brand decisions
- 2021Opening of The Landmark Bonifacio Global CityProduct launch
A Landmark store was added to Three Parkade beside Central Square.
What changed. The new location opened with a supermarket and department store.
Aftermath. The addition expanded everyday grocery and department-store shopping within the Bonifacio High Street district.
- 2018Launch of One Bonifacio High StreetProduct launch
The development was extended into a high-rise residential and financial mixed-use project near Bonifacio High Street Central.
What changed. One Bonifacio High Street opened as the podium of The Suites at One Bonifacio High Street and the Philippine Stock Exchange Tower.
Aftermath. The complex gained additional retail area and stronger integration with residential and office uses.
- 2014Addition of Central SquareProduct launch
The open-air destination expanded its format with an indoor retail and entertainment component operated by SSI Group and Ayala Malls.
What changed. Central Square opened with specialty retail, supermarket and parking facilities, and a cinema level.
Aftermath. The addition broadened the complex's tenant mix and provided an enclosed complement to the original outdoor blocks.
Recent events
- 2024Bonifacio High Street ranked among the world's most expensive retail streets
Bonifacio High Street was reported as the 43rd most expensive retail street in the world, underscoring its premium retail positioning.
Other - 2021The Landmark Bonifacio Global City opens at Three Parkade
The Landmark opened in the first two levels of Three Parkade, bringing a Landmark supermarket and department store to the Bonifacio High Street area.
Product launch - 2018One Bonifacio High Street opens as a mixed-use podium
One Bonifacio High Street opened as the podium serving The Suites at One Bonifacio High Street residential tower and the Philippine Stock Exchange Tower, adding retail and commercial space to the district.
Product launch - 2014Central Square opens within Bonifacio High Street
Central Square opened as an indoor component of the Bonifacio High Street complex. It was developed and operated by SSI Group, with Ayala Malls operating the cinema level.
Product launch
Sources
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