HENRY SY-LED SM Prime Holdings, Inc. yesterday said it opened the third annex of its SM City Pampanga, which is one of the largest malls in Central Luzon.  In a statement, SM Prime President Hans Sy said the expansion in Pampanga is ‘testimony to its strong local economy.’ 

‘Its proximity to Metro Manila and Subic, combined with its international airport in Clark Special Economic Zone makes the province an ideal regional gateway and hub. Its diverse and refined cuisine is also a source of great pride for its people, giving it an additional attraction to its visitors.

All these contribute to heightened malling activities in the area and pushed us to further expand SM City Pampanga,’ he said.  The newest annex adds 17,439 square meters (sqm.) of gross floor area to the main mall. Two previous annexes were built in 2002 and 2003.

With the opening of Annex 3, SM City Pampanga now has a total gross floor area of 128,089 sqm.  The company said it would also provide an additional 9,700 sqm. by next year to house a call center. 

For the rest of 2007, SM Prime is scheduled to inaugurate SM Taytay, SM Muntinlupa, and the strip mall San Miguel by the Bay at the Esplanade fronting the SM Mall of Asia Complex.  SM Prime, which is also expanding SM City Cebu, is a subsidiary of the SM Group of Companies controlling the mall operations.