MANILA, Philippines — SM Prime Holdings Inc., the listed property developer of the Sy Group, is expanding its mall footprint as part of efforts to support the economy amid the onslaught of the COVID-19 pandemic.
The company will open SM City Mindpro on Friday, marking the company’s seventh mall in Mindanao.
SM Prime president Jeffrey Lim said the new mall would help boost the economy in Zamboanga.
“The opening of SM City Mindpro in Zamboanga is a testament to the flourishing economic activities in Mindanao, boosting the confidence of SM Prime to continue its expansion plans in the region,” Lim said.
SM City Mindpro is offering almost 38,000 square meters of gross floor area (GFA), this newest landmark is located at the heart of the downtown area along La Purisima Street, Zamboanga City.
Already 90 percent lease-awarded, SM City Mindpro will have four levels of mixed local and foreign shops that will provide entertainment and convenience in the city and its neighboring provinces.
“The easing of quarantine protocols in various areas in the country has led to the reopening of businesses that will help our economy bounce back quicker. We hope that through SM City Mindpro, which provides a center of convergence for economic, social and cultural activities, Zamboangueños will experience utmost convenience as they seek essential services as well as entertainment during these times,” Lim said.
SM Prime started expanding in Mindanao with SM City Davao in 2001.
Also part of the expansion were SM City Cagayan de Oro in 2002, SM City General Santos and SM Lanang Premier in 2012, SM CDO Downtown in 2017, and SM City Butuan in early November this year.
Moving forward, Lim said SM Prime remains committed to being a catalyst for economic growth by delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life for millions of people.
SM City Mindpro will have anchor brands such as The SM Store, SM Supermarket, Uniqlo, Sports Central, Watsons, SurPlus, Ace Hardware and BDO.
There will also be regular amenities such as SM Cinema, Cyberzone, local and international food and fashion establishments, sports and specialty stores, services shops and a carpark.
#realestateblogph | #realestateblogphpropertynews | #REBPH | #realestate | #malls | #Zamboanga | #SMMindpro
Article and Photo originally posted by Philippine Star last November 26, 2020 12:00am and written by Iris Gonzales.
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