Henry Sy opens 1st SM mall in Cagayan Valley
SM Prime Holdings Inc.’s newest mall, SM Center Tuguegarao Downtown is opening its doors to the public on Thursday, Oct. 12.
SM Center Tuguegarao Downtown — SM Prime’s 65th mall — will provide an additional 37,000 square meters in gross floor area. This brings the group’s total gross floor area to eight million sqm nationwide.
Strategically located at the corner of Luna and Mabini Streets, which are main thoroughfares in this major urban city in the north, the mall is set to open with 90 percent of its space lease-awarded.
“The opening of SM Center Tuguegarao Downtown will provide SM Prime a sturdier foothold in the northeastern part of the Philippines, along with our other mall in the region, SM City Cauayan in Isabela. We are very excited on how this new mall will give a unique shopping experience to this urbanized city in northern Luzon and how it will contribute further to the development of the Province of Cagayan Valley,” said SM Prime president Jeffrey C. Lim.
SM Prime had already opened four malls this year — SM City Puerto Princesa in Palawan, SM CDO Downtown Premier in Cagayan de Oro, SM Maison at Conrad Manila in Pasay City and SM Cherry Antipolo in Rizal.