Growing Further Beyond The Metropolis
SM Supermalls, SM Prime’s mall development and operations group, continues to deliver its promise of providing the ultimate in family fun mall experience, and reaches further to more shoppers with the opening of seven new malls in 2017. The group focused its expansion in the provinces, which highlights two premier SM malls—SM CDO Downtown and SM City Puerto Princesa. Overall, expansions in 2017 added 377,763 sqm to the mall business unit’s total gross floor area (GFA). SM CDO Downtown Premier in Cagayan de Oro, is the second SM mall in the city, located at its bustling central business district. With 161,939 sqm in GFA, the new mall features top amenities that Kagayanons can enjoy, including four digital theaters, two Director’s Clubs, one large-format digital cinema, an 800-seater Sky Hall event center, and a Food Hall. Housing global brands like Uniqlo, Forever 21, and Miniso, the mall also has a unique Sky Park at the Fifth that showcases the best of local art, dining, and entertainment. The mall is built with sustainable features including a rainwater catchment system as big as five Olympic sized swimming pools that helps contain flooding in the community during heavy rains and major floods. SM City Puerto Princesa is the first premier mall in the country’s largest province and one of the fastest growing cities—Puerto Princesa. The mall’s unique identity shows through the lush landscaping in a resort-style complex that reflects the province’s tropical feel and SM’s innovative design. With a total floor area of 35,985.32 sqm, the mall offers a diverse tenant mix anchored by The SM Store, SM Supermarket, BDO, Sports Central, Surplus Shop, Cyberzone, Watsons, SM Appliance Center, Ace Hardware, a Traveler’s Lounge, and many homegrown brands. Complementing Palawan’s island experience, the mall is set to be a cost-efficient and energy-saving building with sustainable features that include optimized usage of natural lighting, exterior insulating system to keep cool air in, and solar panels to augment use of electricity. Up in Luzon, the mall business unit also expanded its footprint. The opening of SM Center Tuguegarao Downtown in Cagayan Valley provided a sturdier foothold in the northern part of the country, adding 33,300.53 sqm in GFA to SM Prime’s total portfolio. The mall features a number of household brands like SM Hypermarket, ACE Hardware, Surplus, Watsons, Miniso, Simply Shoes, and BDO. SM Center Pulilan in Bulacan features 16,623.79 sqm in GFA. It caters to the flourishing lifestyle of the locals and progressing economy of Bulacan. The mall houses three levels of retail and dining floors, featuring an SM Hypermarket, Watsons, Ace Hardware, SM Appliance, Simply Shoes, Miniso, Surplus Shop, and BDO. SM Center Lemery in Batangas has 25,000 sqm of GFA, housing a mix of retail and food tenants, topped with preferred household brands such as SM Hypermarket, BDO, Ace Hardware, Miniso, SM Appliance Center, Watson’s, Simply Shoes, and Surplus Stir. SM Center Lemery also has a Wellness Zone and Cyberzone, catering to the distinct and discriminating taste and style of Batangueños. Located along Marcos highway in Antipolo, SM Cherry Antipolo has 27,224 sqm of GFA and houses an SM Supermarket, Ace Hardware, BDO, Watsons, Miniso, as well as a Sky Garden. The opening of this mall provided a stronger foothold in the eastern part of Metro Manila. In Metro Manila, S Maison joined the list of SM Prime’s premier malls. The mall, housed within the first two floors of Conrad Manila hotel, features 25,534 sqm of GFA. It offers a thoughtful assortment of retail brands, well-appointed beauty and wellness services, and Director’s Club cinemas. The luxuriously designed mall also bagged a design excellence award in the 2017 Prix Versailles World Architecture Awards for its dramatic and expressive interiors. For 2018, SM Prime is slated to open six new malls in the Philippines—SM Center Imus, SM City Urdaneta Central, SM City Telabastagan in San Fernando, Pampanga, SM City Legaspi, SM City Ormoc, and SM City Dagupan. By the end of 2018, SM Prime will have 80 malls, 73 in the Philippines and seven in China, with an estimated combined GFA of 9.7 million sqm. As the nation’s economy continues to expand and consumers’ tastes evolve with the times, SM Supermalls gears up for more years of accelerated business expansion to meet growing market demands.