Gaisano Mall of Cebu

Last updated
Gaisano Mall of Cebu
GMall of Cebu (12-19-2022).jpg
Gaisano Mall of Cebu
Location Cebu City
Coordinates 10°18′31″N123°54′43″E / 10.3086317°N 123.9118534°E / 10.3086317; 123.9118534
AddressWhite Gold Center, A. Soriano Avenue, North Reclamation Area
Opening dateDecember 1, 2022;2 years ago (2022-12-01)
Developer Gaisano Malls
Owner Gaisano Malls
No. of anchor tenants 2
Total retail floor area 200,000 square metres (2,200,000 sq ft)
No. of floors6
Public transit access

Gaisano Mall of Cebu (also known and branded as GMall of Cebu), is a super-regional mall in the Philippines, located at White Gold Center, North Reclamation Area, Cebu City, Philippines. [1] The mall is owned and managed by Gaisano Malls, owned by DSG Sons Group, Inc. The mall is the group's first mall in Cebu and outside of Mindanao.

Contents

The mall opened on the site of the former White Gold Club, which was closed in 2018 to give way for the mall. [2] [3] After four years of redevelopment, the new GMall of Cebu opened on December 1, 2022. [1]

History

The mall traces its roots to the White Gold Department Store, established in 1933 by Modesta Singson-Gaisano and moved in 1946 along what is now known as Osmeña Boulevard in Cebu City. [4] After the matriarch's death in 1981, the family's five sons (David, Stephen, Henry, Victor and John) decided to go their separate ways, all establishing separate retail chains themselves. David, the eldest son, kept control of White Gold and established DSG Sons Group, Inc. which opened malls in Mindanao under the Gaisano Malls (GMall) brand. [5] In May 18, 1994, WGI Gaisano Inc. (now known as DSG Sons Group, Inc.) was formed by merging two companies (White Gold Inc. and Gaisano Inc.) as a strategy to expand the company nationwide. [6]

The White Gold Department Store was hit by fires throughout its history, first in 1974, then in 1989 when it moved to a new location in the Cebu City North Reclamation Area (NRA), and another fire in the 1990s [7] [8] prompting it to move to a new location, its third, not far from its second location in December 1997 still in the NRA, and was renamed as the White Gold Club. It operated until 2018, when a redevelopment plan costing ₱1 billion was launched, and White Gold Club officially ceased operations on June 30, 2018. [2]

The redevelopment plan involved turning the old White Gold Club into a full-service shopping mall which would bring the GMall brand to Cebu, the first GMall brand outside Mindanao. [2] The redevelopment plan, which happened immediately after White Gold's closure in 2018, was projected to cost ₱1 billion and was supposed to take two years, [2] but due to the COVID-19 pandemic, it took another two years to complete. The group already had plans of bringing the Gaisano Mall brand in Cebu in the late 1990s, which would have been constructed along Natalio Bacalso Avenue beside the Cebu Institute of Technology, before abandoning the project because of the 1997 Asian financial crisis.

The mall officially opened on December 1, 2022, with its two anchor stores: GMarket (a supermarket), and GStore (a department store). [1]

Related Research Articles

<span class="mw-page-title-main">Cebu City</span> Largest highly-urbanized city and capital of Cebu, Philippines

Cebu City, officially the City of Cebu, is a highly urbanized city in the Central Visayas region of the Philippines. According to the 2020 census, it has a population of 964,169 people, making it the sixth-most populated city in the nation and the most populous in the Visayas and in Central Visayas Region.

<span class="mw-page-title-main">Davao City</span> Largest highly-urbanized city in Davao del Sur, Philippines

Davao City, officially the City of Davao, is a highly urbanized city in the Davao Region, Philippines. The city has a total land area of 2,443.61 km2 (943.48 sq mi), making it the largest city in the Philippines in terms of land area. It is the third-most populous city in the Philippines after Quezon City and Manila respectively, and the most populous city in Mindanao, in Davao Region, and outside of Metro Manila. According to the 2020 census, it has a population of 1,776,949 people.

SM Supermalls, or simply SM, is a chain of shopping malls owned by the Philippines-based SM Prime. As of October 2024, it has a total of 95 malls. It also has 13 malls under construction. It was formerly known as Shoemart.

<span class="mw-page-title-main">SM Investments</span> Philippine conglomerate

SM Investments Corporation (SMIC), also known as SM Group, is a Filipino conglomerate with interests in various sectors, mostly in shopping mall development and management, retail, real estate development, banking, and tourism. Founded by Henry Sy, it has become one of the largest conglomerates in the Philippines, being the country's dominant player in retail with 208 stores nationwide. Of these, 47 are SM Department Stores; 38 are SM Supermarkets; 37 are SM Hypermarkets, and 86 are SaveMore branches.

<span class="mw-page-title-main">Richland Mall (South Carolina)</span> Shopping mall in South Carolina, United States

Richland Mall was an enclosed shopping mall near the intersection of Forest Drive and Beltline Blvd in Forest Acres, South Carolina within the greater Columbia Metropolitan Area. The interior mall space has been closed to the public since early 2022. However, its last anchor store, Belk, continued to operate until early September 2023. A Barnes & Noble continued to operate as a junior anchor with its own exterior access until December 31, 2023. There are two additional empty anchor stores that have both been largely vacant since the late 2000s. The mall's last inline tenant, Columbia Children's Theatre, moved out on February 1, 2023. The mall has never received a major renovation and has an ornate late 1980s-early 1990s interior aesthetic. The mall is currently undergoing demolition as of October 2024.

<span class="mw-page-title-main">Vallacar Transit</span> Bus company in the Philippines

Vallacar Transit Incorporated (VTI) is a Philippine transportation service under the umbrella of the Yanson Group of Bus Companies (YGBC), serving as its flagship subsidiary.

<span class="mw-page-title-main">Ayala Center Cebu</span> Shopping mall in Cebu City, Philippines

Ayala Center Cebu is a large shopping mall owned by Ayala Malls at the Cebu Business Park in Cebu City, Philippines. It is the first Ayala mall located outside of Metro Manila. It opened in November 1994, one year after their rival mall, SM City Cebu opened. For more than 20 years, it was the only Ayala Mall to bear the word Ayala in its name until Ayala Malls Serin opened in March 2015.

<span class="mw-page-title-main">SM City Davao</span> Shopping mall in Davao City, Philippines

SM City Davao, is an indoor shopping mall in Quimpo Boulevard, Matina, Davao City, Philippines. SM Prime Holdings developed and manages the mall. It is the first SM Mall in the Mindanao region, opening to the public on November 17, 2001.

Robinsons Dumaguete, is a shopping mall located in Dumaguete, Philippines. It has a total gross floor area of over 45,000 m2 (480,000 sq ft) and is located on almost 60,000 m2 (650,000 sq ft) of land area. It is the first and largest full-service shopping mall in Negros Oriental and is a major component of the Dumaguete Business Park and IT Plaza in Brgy. Calindagan. It features an activity center, two atria, and an al fresco dining area. The mall contains outlet store brands such as Uniqlo, GUESS, Bench, Adidas, Anta Sports, Daiso Japan, Dumaguete famous Sans Rival shop, Hukad by Golden Cowrie, KFC, Shakey's, and iStore among others.

<span class="mw-page-title-main">SM Lanang</span> Shopping mall in Davao City, Philippines

SM Lanang, is an indoor four-story shopping mall in Lanang, Davao City, Philippines along Jose P. Laurel Avenue and within S.P Dakudao loop. It was the first SM Supermall to be called "Premier". The mall is owned by Henry Sy, Sr. and managed by SM Prime Holdings. Construction of the mall started in 2011 and opened to the public on September 28, 2012, on the site of the former Lanang Golf and Country Club.

Gaisano Malls are shopping malls owned by DSG Sons Group, Inc. based in Davao City, Mindanao, Philippines.

<span class="mw-page-title-main">Gaisano Mall of Davao</span> Shopping mall in Davao City, Philippines

Gaisano Mall of Davao, is a major shopping mall located along J.P. Laurel Avenue, Bajada, Davao City, Philippines, part of the Gaisano Malls operated by DSG Sons Group, Inc. with a total floor area of 240,605 m2 (2,589,850 sq ft)

<span class="mw-page-title-main">Metro Retail Stores Group</span>

Metro Retail Stores Group Inc. is a retail company based in Mandaue, Cebu, Philippines.

<span class="mw-page-title-main">Gaisano Grand Malls</span> Shopping mall chain ran by the Gaisano Grand Group

Gaisano Grand Malls is a chain of shopping malls under the Philippine-based Gaisano Grand Group of Companies. It operates primarily within the Visayas, Luzon and Mindanao regions of the Philippines.

The Gaisano family is a Chinese Filipino family prominent in the Philippine retail industry particularly in Visayas and Mindanao.

<span class="mw-page-title-main">Prince Hypermart</span> Retail store chain in the Philippines

Prince Hypermart is a retail store chain in the Philippines with branches in Luzon, Visayas and Mindanao. It is owned by Robert L. Go, the President of the Philippine Retailers Association.

<span class="mw-page-title-main">Robinsons Galleria Cebu</span> Shopping mall in Cebu City, Philippines

Robinsons Galleria Cebu, is a shopping mall and mixed-use development located in Sergio Osmeña Boulevard cor. General Maxilom Avenue, North Reclamation Area, Tejero, Cebu City. It is the 2nd Robinsons Mall to bear the Galleria branding after Robinsons Galleria. The mall opened on December 10, 2015. The mall is just a few meters from the Port of Cebu and approximately 1 kilometre (0.62 mi) away from SM City Cebu. The mall is owned and operated by Robinsons Malls. It is the firm's third largest mall.

References

  1. 1 2 3 "GMall of Cebu is Now Open (Soft Opening)". cebu247.com. Retrieved December 4, 2022.
  2. 1 2 3 4 Bunachita, Jose Santino S. (May 8, 2018). "White Gold to close for 2 years for P1B face-lift". Cebu Daily News . Retrieved November 26, 2022.
  3. ↑ "THERE'S A NEW MALL IN CEBU!". SunStar Cebu . December 3, 2022. Retrieved December 4, 2022.
  4. ↑ Rabacal, Manny (June 14, 2018). "Rabacal: White Gold Club". SunStar Cebu (in Cebuano). Retrieved December 4, 2022.
  5. ↑ "Mall Magnates". Philippine Center for Investigative Journalism. III (3). 2002. Archived from the original on 14 March 2016. Retrieved 9 April 2016.
  6. ↑ "WGI Gaisano to conduct IPO soon". Manila Standard, via Google Books. November 2, 1996.
  7. ↑ Avila, Bobit S. (January 9, 2018). "Debunking an old urban legend". The Freeman . Retrieved December 4, 2022. Then there was the fire that hit White Gold in the North Reclamation Area years ago
  8. ↑ Apalisok, Malou Guanzon (January 8, 2018). "The elephant in the room". Cebu Daily News . Retrieved December 4, 2022. White Gold House was later moved to the North Reclamation area but the department store also got burned.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.