SM Prime Holdings Inc. said it is opening Friday its fourth mall in Metro Cebu.
SM City J Mall located on A.S. Fortuna street in Barangay Bakilid, Mandaue City, is the company’s eighth mall in the Visayas and its 87th nationwide.
With 100,000 square meters in gross floor area, the mall is 80 percent pre-leased upon opening.
“The opening of SM City J Mall reflects our confidence in the robust economic growth of Central Visayas. This new mall is designed to cater to the increasing demand for premium commercial and lifestyle experiences in Mandaue City,” said Jeffrey Lim, SM Prime president.
Mandaue City is the industrial hub in the Central Visayas region and hosts around 10,000 industrial and commercial locators, Lim added.
According to data from the Philippine Statistics Authority, Central Visayas posted the highest economic growth rate among the country’s 17 regions in 2023, expanding by 7.3 percent.
The four-level mall offers a diverse mix of retail, dining and entertainment options.
Anchor tenants include The SM Store, SM Hypermarket, SM Appliance Center, Watsons, Uniqlo, Levi’s, Miniso, Pet Express, Sports Central, Ace Hardware, BDO and Chinabank.
“To enhance customer experience and drive foot traffic, SM City J Mall will feature two Director’s Club cinemas, a curated Food Hall and unique lifestyle services. The building is also designed to provide ample parking for a thousand vehicles,” SM Prime said in a statement.
“Our expansion into thriving regional hubs like Mandaue City is integral to our strategy of driving economic progress across the Philippines and delivering sustainable value to our stakeholders,” added Lim.
