SM Prime Holdings, Inc. (SM Prime) opens today SM City Fairview providing employment to close to 1,500.
SM City Fairview is located within the Quirino Highway and Regalado Avenue area in Novaliches, Quezon City.
Hans Sy SM Prime President said that with the expansion of SM Fairview and SM North Edsa, it made Quezon City as the areas for company’s growth. “With the expansion of both SM City Fairview and SM North EDSA, which also happens to be our very first mall, Quezon City remains to be one of SM Prime’s most important local partners, and continues to be a domain for further growth,” Sy said in the disclosure in the Philippine Stock Exchange.
In the end of last year, SM prime opened in the country the world’s third largest mall, the SM North Edsa.
The annex will add 28,600 square meters (sqm) of gross floor area (GFA) to the main mall, increasing SM Fairview’s total GFA to 182,783 sqm. It is estimated that the opening of SM City Fairview Annex will provide employment to close to 1,500 people which includes direct and indirect employees.
The SM City Fairview Annex has 19,100 sqm of gross leasable area and will have as its mall tenants Ace Hardware, Timezone, Grills, Chilly Willy’s, Sbarro, Breadtalk, Ford Motors, Center for Pop Music, All Flip Flops, and People R People, among others.