SM City at Lamac, Consolacion

[reypel]

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aguy ang traffic ani.pro mau sad naay sm duol sa norte.pro ang nkaapan ang trafic gyud.

[kitkeeth]

trapik npd kaayu ni ..

[Kadaffy]

SM eyes fourth mall in Cebu

SM Prime to build two malls in Cebu CEBU DREAMS

SM Prime Holdings said it is looking at building a fourth mall in Cebu shortfly after unveiling plans for its second and third complexes in the central Philippine island.

Hans Sy, president of SM Prime, unveiled on Friday in Cebu the plans for its second mall—a two-floor, 50,000-square-meter complex in Consolacion just north of the city. The facility is set for completion in 2011.

The company also committed to show plans for a much bigger mall, this time at the South Road Properties (SRP) by November. The company eyes to finish the complex by 2012.

“We feel Cebu is long overdue for these. We do not want to be limited to just expanding [the SM City Cebu]. We need to build a couple more,” Sy told reporters on Friday. “It will be good to open one [mall] every year.”


The Consolacion mall will be developed from an existing structure sitting on a 5-hectare property just north of the town central. It will have 40,000 sq m of leasable space, 600 parking slots, a department store, a supermarket and four cinemas.

SM Prime has allocated P800 million for the development.

Sy said the Consolacion mall will incorporate the new look of the company’s malls which will feature more sky-lighting, a newer design and an “upscale open market look.” “I feel we should have done this much, much earlier,” Sy said. The SM Hotels and Conventions Corp. just opened two weeks ago its Radisson Blu Hotel Cebu, a 300-room upper upscale business hotel located just beside the SM City Cebu—and the first of the Blu brand of the Carlson hotel group in Asia Pacific.

SM is planning a P20-billion development over a 30-hectare section of the 240-hectare SRP. The group purchased the property from the Cebu City government for P3.027 billion.

Sy earlier said construction work of the 250,000-sq-m mall should start first, followed by several medium-rise buildings. He earlier said they are planning to build a high-rise condominium and at least two hotel towers.

Completed in 2001, the SRP has been built through a loan obtained by the city government with the Japan Bank of International Cooperation. The loan amortizations run up to 2020

[pranchiz]

this is good news! proud to be from lacion... malakaw rjud ang lamac gkan sa amoa

[peewee_toot]

grabe na pd ang trafic ani...

[moz_k2]

Kung tapad ra ni sa highway na samot jud ka trapik

[madredrive]

yes.. naa na jud ang sm sa doul.. dili na ko mo adto ug layo pah.. when kaha ni ma human jud. heheheh..

[peewee_toot]

ma-unhan pa mn ang sa SRP ani...

[misha lang]

more jobs will be generated lang.

[peewee_toot]

^^mao sd. unya dili na kailangan mo adto og south ang mga tga north.