SM City at Lamac, Consolacion

[samsungster]

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SM to build second mall in Cebu

MANILA, Philippines – Tycoon Henry Sy’s SM Prime Holdings Inc. has secured a new location on which to erect its second shopping mall in Cebu as part of its strategy to grow the business by putting up more malls here and abroad.

SMPH disclosed to the Philippine Stock Exchange on Friday that it has entered into a lease contract with Everjust Realty Development Corp. for a 46,296-square-meter lot in Barangay (village) Lamac, Municipality of Consolacion, Cebu Province.

SM Prime intends to build on the leased property its second mall in the province, after SM City Cebu, which today is the country’s fourth largest shopping complex.

“The signing of the lease contract is one of the first significant steps that SM Prime is taking towards completing its second mall in Cebu. The company considers Cebu as an ideal site for further expansion of SM malls, given its strategic role in the Visayas region and its strong export capability. It is also an ideal tourism destination and a takeoff point for island hopping by ferry to other destinations,” SM Prime president Hans Sy said.

The mall that will be constructed on the leased property will be named SM City Consolacion Cebu. It is estimated to have a gross floor area of 57,436 square meters. It is scheduled to open by the fourth quarter of 2011.

For the rest of 2010, SM Prime will be opening SM City Calamba, the third SM mall in the province of Laguna, and SM City Novaliches in Quezon City. The company is also set to open its fourth SM mall in China, which will be located in the city of Suzhou, by the year's end.

By year-end, the company is expected to have 40 malls in the Philippines, with a total gross floor area of 4.8 million square meters.

Business - SM to build second mall in Cebu - INQUIRER.net

[hellafayta]

sa lacion di-ay ang bag-o SM abi nako sa SRP.

[moz_k2]

sa lacion di-ay ang bag-o SM abi nako sa SRP.

actually kanang duha ang himoon

see here makita na magtukod sila sa srp ug consolacion

SRP, northern Cebu projects to cost SM Prime some P21B | Sun.Star Network Online
SM Prime to launch SRP project in November | The Freeman >> The Freeman Sections >> Cebu Business

[kidlovejeayanne]

payts.. mas duol sa mga taga north and south..

[jovai15]

mao ba duha na siay ang SM soon?

[®ecycle bin]

South reclamation project(SRP)?
North reclamation project (NRP) mao na ang sa mandaue where naa ang SM sa mabolo...
if sa LAcion SRP diay gihapon tawag ana?

[bot_yok]

^ di SRP oi kay naa naman sa North side diba..

Sus ka nindot ani planoha kay duol ra kaayo sa amoa ng Lamac..

[rom69erz]

yay...naa na pud daghan maka trabaho ani...maayo ni nga balita para sa cebu.

[clarkhkent]

samot ka datu ani si sy...hehehe...asa diay na dapita ang lamac?dli na siya along da national hi-way sa?

[thethird79]

unsay i tawag ani nga mall...


MALL of the UNIVERSE?

maytag mag himo silag mas dako pas MOA para di lang pang business ba, kundi pang world record sad