SM Prime Holdings is launching a new lifestyle mall in Zambales, the Philippines.
The firm’s 73rd shopping mall in the territory, a 72,000sqm four-storey complex, will open in Olongapo city’s CBD with 85 per cent tenant occupancy confirmed so far. It is SM Prime’s second lifestyle mall in Olongapo.
“Olongapo City remains one of the fastest-growing cities in Central Luzon creating a wonderful synergy on economical and sustainable development,” said SM Prime president Jeffrey Lim. “SM City Olongapo Central will not only enhance the beauty of this thriving city and its province, but will also create more jobs and business opportunities to locals who aspire to grow with our company.”
The mall will feature a food hall, cyberzone, and wellness zone along with six digital cinemas and a convention centre, as well as a sports and entertainment venue.
“SM Prime remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people,” read a statement by the firm.