Published on 20 July 2012 [ manilatimes.net ]
Written by MADELAINE MIRAFLOR REPORTER
SM Prime Holdings Inc. will open SM
City San Fernando today, the third SM mall in Pampanga and 44th in the country.
“We warmly welcome all our valued
customers to our newest and third mall in Pampanga, SM City San Fernando. This
caters to the need for another mall in Pampanga as the province has clearly
advanced over the years, owing to its established agricultural economy and its
now thriving tourism industry,” said SM Prime President Hans Sy.
SM City San Fernando is SM Prime’s
third mall in the province, after SM City Pampanga and SM City Clark opened in
November 2000 and May 2006, respectively.
“San Fernando is the capital city of
Pampanga. It is strategically located at the heart of Central Luzon, making it
the center of commerce and trade of the region. The city is popularly known for
its giant lanterns and is also dubbed as the “Christmas Capital of the
Philippines,” Sy added.
Major industries in Central Luzon
include agriculture, manufacturing, food processing and handicraft making,”
said SM Prime in a statement.
According to the company, SM City San
Fernando has a leasable area of 20,416 square meters, 95 percent of which has
been awarded to various tenants.
The seven-story shopping mall’s anchor
tenants are SM Department Store and SM Supermarket, among others.
SM City San Fernando brings the total
number of SM Prime malls to 44 all over the country, with a combined gross
floor area (GFA) of 5.2 million square meters. It is the third SM mall to be
opened this year, after SM City Olongapo in Zambales and SM City Consolacion in
Cebu, which were inaugurated in February and June, respectively.
For the rest of 2012, SM Prime is
scheduled to open SM City General Santos in Southern Mindanao, SM City Lanang
in Davao City and SM Chongqing in China. By the end of this year, SM Prime will
have 46 malls in the Philippines and five in China with an estimated combined
GFA of 6.3 million square meters.
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