SM opens mall in Caloocan
SM Center Sangandaan, SM’s 55th mall in PH
LOCAL property giant SM Prime Holdings Inc. has gained a foothold in the populous city of Caloocan with the opening of a brand-new shopping mall, its 55th in the country.
SM Center Sangandaan, which opened on Friday, has 38,622 square meters (sqm) in gross floor area (GFA), giving SM mall empire a total retail footprint of 6.82 million square meters,
the largest in the country.
The new mall is strategically located along the busy intersection of Samson Road and A. Mabini Street Sangandaan, Caloocan City. This is seen to give SM Prime access to the northern tip of Metro Manila, bringing a unique shopping experience closer to the highly dense cities of Malabon, Navotas and Caloocan.
“SM Center Sangandaan reflects SM Prime’s commitment to be part of the growth across communities. We are very pleased to open our first mall in Caloocan City which is a testament to the fact that Metro Manila is far from being saturated by modern retail facilities,” SM Prime President Hans Sy said.
The mall opens its doors to the city’s than one and a half million Filipinos with 90 percent of the space lease awarded to various tenants.
SM Center Sangandaan will have anchor tenants such as SM Supermarket, SM Appliance Center, SM Cinema, Ace Hardware, BDO, and Watsons, the company said.
There will be a total of three levels of prime spaces which includes four cinema theaters with a total seating capacity of 824 and 493 parking slots.
“The mall’s facade gets its inspiration from different shades of blue, gray and white, giving the exterior a quirky geometric visual design. The main interior features a high glass ceiling, complemented by white walls which maximizes daylight and adds futher dimension to the mall,” the company said.
SM Center Sangandaan was planned around a “simple yet efficient design that allows shoppers to easily stroll around and provides clear line-of-sight to all shops on all levels at the same time,” the disclosure added.
SM Center Sangandaan is the fifth SM mall to be opened this year, after Cherry SM in Shaw Boulevard with a GFA of 24,165 sqm and SM City Cabanatuan.
The highly anticipated, SM Seaside City Cebu, is scheduled to open on November 27.
By the end of 2015, SM Prime will have 56 malls in the Philippines and six in China with an estimated combined GFA of 8.3 million sqm.
SM Prime said it remained “committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people.”
