Gateway Mall 2 is the expansion project of the Gateway Mall. With eight levels of retail, nine cinemas cineplex, a 3,500 square meter Gourmet Hall, and an iconic, 500-seater chapel. Aimed to "Redefine" the mall experience in the Philippines, The ₱6.5 Billion Expansion of the mall commenced in early 2017, As part of the Araneta Center Redevelopment Plan. It is to be built at the west side of the Smart Araneta Coliseum (Red Gate), adjacent to a planned Ibis Hotel branch and will have a designated roof deck activity area linking to Gateway Mall 1, an activity area, an organic vegetable garden, and an island restaurant-food court.
When completed, the development will have 120,000 m2 (1,300,000 sq ft) of retail space, along with Ibis Styles Hotel, the first Ibis Styles hotel in the Philippines, rising 24-Storeys High. With a bridge linking a planned Cyber Mall located at the Cyberpark and Megawide Construction Corporation as the general contractor, it is planned for completion in 2020, to commemorate the 60th anniversary of the opening of the Araneta Coliseum.