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THE Ayala Group is planning on developing a property and build a shopping center in front of the Gaisano Mall on CM Recto Ave.

Mayor Constantino Ja-raula yesterday announced that the Ayalas would start the project anytime soon.

‘‘The groundbreaking would be made before year-end,’’ said Jaraula.

He said he was personally told of the Ayala Group’s plans by former representative Tonyboy Floirendo of Davao whose family made an agreement with the Ayalas. The property, about four hectares belongs to the Floirendos.

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