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SM Prime Cabanatuan opens

Oct 13, 2015

SM Mall

Filipino mall developer SM Prime  has today opened its 53rd shopping centre.

SM City Cabanatuan is its second mall within Nueva Ecija following SM Megacenter Cabanatuan. The new mall provides an additional 154,020 sqm in gross floor area, expanding SM Prime’s total retail space to 6.76 million sqm in the Philippines.

SM City Cabanatuan is strategically located along Maharlika Highway in Cabanatuan City, which is the largest city in Nueva Ecija, located between the provinces of Pampanga, Bulacan, Tarlac and Aurora. It serves as the Gateway to the North, which makes it one of the business, transportation, medical and educational centers in Region III.

“The opening of SM City Cabanatuan is SM Prime’s commitment to be part of the growth of the province,” said SM Prime president Hans T. Sy.

“The opening of new malls is timely given the expected higher growth in overall consumption in the fourth quarter. The economy’s sustained GDP growth in the past five years is now spreading to the provinces and we at SM Prime will continue to expand in these provinces that are enjoying high growth, like in Cabanatuan City, where we see significant development and huge unserved demand for shopping experiences.”

The mall opens 90 per cent leased. Anchor tenants include The SM Store, SM Supermarket, Ace Hardware, SM Appliance Center, Watson’s, The Body Shop, Surplus Shop and Uniqlo.

The four-level mall includes two Sky Gardens – the Garden Park,which provides covered shelter; and the Roof Park located at the fourth level. The mall will have six cinemas (five cinemas with a 275-seating capacity; one large format cinema with a 525-seating capacity) and 2500 parking slots for cars and motorcycles.

The interior of SM City Cabanatuan was designed around a simple yet efficient plan that allows shoppers to easily stroll around and provides clear line-of-sight to all shops on all levels at the same time. Interior bridges are strategically built that provide convenient access to all passages of the mall, supplemented by a centrally located glass elevator and escalators. The main interior features a dynamic ceiling that uses the mall’s height to provide ample daylight, making the mall look spacious, bright and cozy.

SM City Cabanatuan is the third SM Supermall to be opened this year, after SM City San Mateo that opened in May. Later this year, SM Prime is scheduled to open SM Center Sangandaan in Caloocan, and SM Seaside City in Cebu. The company is also set to expand SM City Lipa in Batangas and SM City Iloilo this year.

Source: insideretail.asia

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