SM Center Tuguegarao Downtown

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SM Center Tuguegarao Downtown
SM Center Tuguegarao Downtown logotype (2022) (vertical variant).svg
SM Center Tuguegarao Downtown, Mar 2024.jpg
The facade of SM Center Tuguegarao Downtown in March 2024
SM Center Tuguegarao Downtown
Location Tuguegarao, Philippines
Coordinates 17°36′45.72″N121°43′24.9″E / 17.6127000°N 121.723583°E / 17.6127000; 121.723583
AddressLuna St. cor. Mabini St., Barangay Ugac Sur
Opening dateOctober 12, 2017;6 years ago (2017-10-12)
Developer SM Prime Holdings
ManagementSM Prime Holdings
Owner Henry Sy, Sr.
ArchitectDSGN Associates
No. of stores and services130+
No. of anchor tenants 5 [1]
Total retail floor area 33,301 m2 (358,450 sq ft) [1] [2]
No. of floors3
Parking472 slots [1] [3]
Website SM Center Tuguegarao Downtown

SM Center Tuguegarao Downtown is a shopping mall owned and operated by SM Prime Holdings, the largest mall operator in the Philippines, [4] located in the city's business district along Luna St. cor. Mabini St., Tuguegarao City, Cagayan. Opened on October 12, 2017, it is the first SM Supermall in Cagayan, the second in Cagayan Valley and the 65th in the Philippines. Also the seventh SM Mall under the "Center" brand, it has a gross floor area of 33,301 m2 (358,450 sq ft). [1] [2]

Contents

History

Last 2015, SM Prime Holdings set aside P65 billion capital expenditures (capex) for the opening of malls in 2016 located in San Jose del Monte City, Bulacan, Trece Martires City, Cavite, Tuguegarao City, Cagayan, Puerto Princesa City, Palawan and Urdaneta City, Pangasinan. [5]

SM Center Tuguegarao Downtown is strategically located at the corner of Luna and Mabini Streets, which are main thoroughfares of the city. [6] It will serve customers not only in the city but also the province of Cagayan [3] and nearby towns. It is highly accessible via Buntun Bridge all the way to Ugac Highway from the municipalities of Enrile and Solana, via Maharlika Highway from the municipality of Iguig as well as from the neighboring province of Isabela with transportation routes of jeepneys and buses coming all the way from the different trade centers of the region.

Construction of the mall started in the first quarter of 2016. Hours before the grand opening, the mall held a mass, coin throwing and ribbon cutting led by SM Prime Holdings’ Non Executive Director Herbert Sy, Tuguegarao City Mayor Jefferson Soriano, Vice Mayor Bienvenido de Guzman II, Cagayan Governor Manuel Mamba, and Tuguegarao Archbishop Sergio Utleg. [7] Amid raising of Public Storm Warning Signal No. 1 due to tropical depression Odette, the mall opened on October 12, 2017, with 90% of its space lease-awarded. [8]

SM administration said the recorded foot traffic during the opening day was 31,230 as of 6pm. [7]

Features

SM Center Tuguegarao Downtown has taken great care during the design and throughout construction to preserve two large trees along Mabini Street, serving as shady tree canopies at the east entrance of the mall. [9]

The three-storey mall features its major anchor SM Hypermarket and other household brands such as SM Appliance Center, World Balance, [3] ACE Hardware, Surplus, Watsons, Miniso, Simply Shoes and BDO. [10] It also has specialty stores, wellness and services, homegrown restaurants, amusement centers, fashion boutiques and the I.T. Zone at the third level. In addition to parking slots at the front, a two-storey parking area is also located at the mall's back portion for customer convenience.

The mall uses LED lighting and has solar panels with a yield of 484 KW installed on the roofdeck. [11] It also features a rainwater catchment with a volume of 215 m3. [9]

DSGN Associates, an award-winning architectural firm based in Texas, United States, designed the mall. [3]

See also

Related Research Articles

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References

  1. 1 2 3 4 "2017 17-A Annual Report" (PDF). SM Prime Holdings, Inc.
  2. 1 2 "SM Prime Holdings, Inc.'s Application for Permit to Sell" (PDF).
  3. 1 2 3 4 "SM Center Tuguegarao Downtown opens October 12". The Northern Forum. Retrieved 2017-10-10.
  4. "SM Prime Investor Kit 1Q 2017" (PDF).
  5. Montealegre, Krista A.M. "SM Prime to set aside P65B for capex in 2016". Business World Online. Retrieved 2015-09-28.
  6. "SM Prime opens its Newest Mall in Tuguegarao City, Cagayan". SM Investments Corporation. Retrieved 2017-10-12.
  7. 1 2 "IN PHOTOS: Thousands flock SM Center Tuguegarao Downtown grand opening". The Northern Forum. Retrieved 2017-10-13.
  8. Cabuag, VG. "SM Prime opens 65th mall in Tuguegarao". BusinessMirror. Retrieved 2017-10-12.
  9. 1 2 "New SM malls in Puerto Princesa, Tuguegarao go beyond shopping destinations with sustainable designs". SM Investments. Retrieved 2017-10-31.
  10. Dumlao-Abadilla, Doris. "SM opens mall in Tuguegarao". business.inquirer.net. Retrieved 2017-10-12.
  11. "SM expands green initiatives with 8 more solar powered malls". SMSupermalls.com. SM Supermalls. Retrieved 2017-08-24.
Preceded by 65th SM Supermall
2017
Succeeded by
SM Center Pulilan