SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, said Wednesday it will open on Friday its first shopping mall in Bataan province.
SMPH said in a disclosure to the stock exchange SM City Bataan would add 46,000 square meters of gross floor area to its mall portfolio.
“Bataan has been a popular destination among local and foreign tourists for its wonderful mix of historical, natural and educational sites. We are very excited to open our new mall, SM City Bataan, in the province as we aim to add color to its rich culture and further spur economic activities that are set to provide significant growth opportunities, convenience and entertainment to everyone,” SMPH president Jeffrey Lim said.
The two-level shopping mall will open with more than 90 percent of space lease-awarded and will house diverse selection of shops and services, both local and international labels. It will also open with foodcourt, cyberzone, event center, cinemas, parking zones and transport terminal complex.
SM City Bataan is expected to provide unique malling experience as it opens with alfresco dining areas, work pods, a pet park, bike-friendly facilities, electric car vehicle station and other scenic spots.
SM City Bataan is located at the provincial capital of Balanga City which serves as the center of governance, trade and tourism of the province.
“We expect further growth opportunities for the province and its people with more infrastructure projects waiting to be completed in Bataan. We hope that, through SM City Bataan, we will be able to provide everyone more reasons to enjoy and stay in this beautiful province,” Lim said.
SM City Bataan is SMPH’s 83rd mall in the Philippines. Once opened, SM Prime will have 59 malls in the provincial areas of the country and 24 malls in Metro Manila.