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SM to open mall in GenSan Aug. 10

Written by  Tribune
Tuesday, 24 July 2012 00:00

The Sy-led SM Mall branch in General Santos City, the “Tuna Capital of the Philippines,” will finally open for business on Aug. 10.

The blessing will be on Aug. 9 and only for top company officials, tenants and selected guests, a company source said.

Giant tarpaulins announcing the opening date has been posted in various places in the city as well as in neighboring towns of South Cotabato and Sarangani provinces.

SM General Santos, which has been under construction for about two years, is expected to further invigorate the local economy, Avelmar Manansala, city hall media affairs officer, said.
The local government unit is bullish the entry of SM Mall will attract more investors in the city, the economic hub of Region XII, he added.

“It will have a positive impact as more jobs will be generated, it will be good for Region XII,” he said.

Manansala said local fruit and vegetable producers would benefit from the operation of the SM Mall as they have been tapped as suppliers.

The entry of SM in the city was also seen to attract more investors.

Recently, executives from Ayala Land Inc. were in town for an “exploratory visit” and paid a courtesy call to Mayor Darlene Antonino-Custodio, Manansala said.

In Mindanao, Ayala Land operates the Abreeza Mall in Davao City.

The mayor told the Ayala executives that local mall players are also becoming aggressive with the entry of big Manila-based mall operators in the city, he said.

Currently, local mall operator KCC is building Veranza, an expansion of the KCC Mall of GenSan, and is reportedly set to open later this year.

The Gaisano Mall here has also renovated and expanded its shopping store.

In late 2009, Robinsons Place General Santos, reportedly with an investment of P2 billion, opened its doors to the public.

From the outside, the view of the SM Mall here, which sits in an eight-hectare property leased from the Salazar family, is almost complete.
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