By James A. Loyola
SM Prime Holdings Inc., one of the largest integrated property developers in Southeast Asia, opens today (September 13) its newest mall in Olongapo City, the SM City Olongapo Central.
In a statement, SM Prime said this will be its second lifestyle mall in Olongapo and will add 72,000 square meter (sqm.) of gross floor area (GFA) to its mall portfolio.
“Olongapo City remains as one of the fastest growing cities in Central Luzon creating a wonderful synergy on economical and sustainable development,” SM Prime President Jeffrey C. Lim said.
He added that, “SM City Olongapo Central will not only enhance the beauty of this thriving city, and its province, but will also create more jobs and business opportunities to locals who aspire to grow with our Company.”
Situated in Olongapo’s primary business district, along the bustling Rizal Avenue in Barangay East Tapinac, SM City Olongapo Central is a four-story shopping, dining and entertainment mall.
It is highlighted by well-loved SM brands such as SM Supermarket, The SM Store, Our Home, Watsons, Uniqlo, Surplus, Sport Central, SM Appliance Center, Ace Hardware, Banco de Oro and China Bank.
SM City Olongapo Central, opening with 85 percent of space lease-awarded, will also serve as an ideal avenue for communities from neighboring towns and provinces to converge and enjoy a refreshing and holistic urban lifestyle experience.
It has modern amenities including a Food Hall, Cyberzone, Wellness Zone, six digital cinemas, a convention center, more than 700 carpark slots, and a sports entertainment venue.
SM Prime remains 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.