[4][5] Ayala Malls Legazpi opened on April 19, 2016 and has a gross leasable area of 32,000 m2 (340,000 sq ft)[2] In September 2013, Bicol-based retailer LCC Group of Companies held a groundbreaking ceremony for its new shopping mall called Liberty City Center.

[8] In subsequent news reports, ALI confirmed that they will invest Php1.6 billion in the development of the new shopping complex.

The grand opening was led by local government officials and top executives of Ayala Land.

[1] Hamm Katipunan, Ayala business development and strategic planning group manager said that 10% of the stores are allotted for local businessmen.

[13][11] Ayala Malls Legazpi also has four digital cinemas, al fresco dining, lower ground parking, an organic garden on the roof deck, Timezone, J.CO Donuts and the first Starbucks cafe in Albay.