SM City Cebu

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SM City Cebu
SM City Cebu logotype (2022).svg
SM City Cebu, Jan 2024.jpg
The facade of SM City Cebu in 2024
SM City Cebu
Location Cebu City, Philippines
Coordinates 10°18′40″N123°55′5″E / 10.31111°N 123.91806°E / 10.31111; 123.91806
AddressJuan Luna Avenue cor. Cabahug and Kaoshiung Streets, North Reclamation Area, Brgy. Mabolo, Cebu City
Opening dateNovember 27, 1993;31 years ago (1993-11-27)
Developer SM Prime Holdings
OwnerSM Prime Holdings
No. of stores and services500+ [1]
No. of anchor tenants 19 (as of November 2011)
Total retail floor area 268,611 m2 (2,891,300 sq ft)
No. of floors4 (Main Building) 6 (Northwing)
Parking3,000
Public transit access
Website SM City Cebu

SM City Cebu (also known as SM Cebu, and sometimes both known locally as SM Mabolo and SM City), is a large shopping mall located in Mabolo, Cebu City, Philippines. It is the 4th shopping mall owned and developed by SM Prime Holdings, the country's largest shopping mall owner and developer. It is the company's first shopping mall outside Metro Manila and the fifth largest shopping mall in the Philippines. [2] [3] It has a land area of 11.8 hectares (29 acres) and a gross floor area of 495,000 m2 (5,330,000 sq ft) [4] [5]

Contents

On an average day, more than 100,000 people visit SM City Cebu, with the figure increasing to 140,000 to 150,000 on weekends. [6] Due to Cebu City's position as a transshipment point for the Visayas and Mindanao, and SM City Cebu's location close to the city's port area, the mall attracts a significant number of transient shoppers. [6]

History

Development

The mall, the first SM Supermall outside of Metro Manila, opened on November 27, 1993, with a gross floor area of 161,562 square metres (1,739,040 sq ft). It was seen as catering to the broad low- and middle-class shoppers, in contrast to its upscale competitor, the Ayala Corporation-owned Ayala Center Cebu which opened a year later.

Located in Cebu City's North Reclamation Area, then a quiet and relatively remote part of the city, the mall had Manila-based movie and television stars and entertainers perform free concerts at the mall to attract shoppers. Free jeepney rides to the mall were also offered to fulfill the lack of available public transportation within the area. [6]

Northwing

Construction on SM City Cebu's expansion building, dubbed the Northwing, began in March 2006. [7] The expansion, which was developed at a cost of ₱1.3 billion (US$30.5 million), was built on the parking lot to the north of the existing building, temporarily decreasing the number of parking spaces by more than 30%. [7] [8] Construction of the Northwing started in April 2006, and opened on November 30, 2007. [8] It increased the total gross floor area of SM City Cebu by 107,049 m2 (1,152,270 sq ft), for a total of 268,611 m2 (2,891,300 sq ft). [3] The first 2 floors are for the mall's expansion, while the 3rd, 4th and 5th floors are for the indoor carpark including the roof deck.

Northwing Expansion

Construction of the Northwing Expansion SM City Cebu Northwing Expansion under construction (2024-05-25).jpg
Construction of the Northwing Expansion

An expansion is planned for the Northwing, which will also include two 20-storey office buildings intended to cater to business process outsourcing companies, as well as a 9-storey building which will house a campus of National University. It is set to be completed by 2025. [9] Once completed, the GFA of SM City Cebu will be rumored to have a total of around 495,000 sqm, surpassing SM Seaside City Cebu. At the same time, a major renovation of its interior is ongoing, starting with the area near Ace Hardware and SM Appliance Center, and new shops are being added as well.

Design

SM City Cebu is a seven-level complex namely lower ground floor, upper ground floor, second floor, third floor, fourth floor, fifth floor, and roof deck featuring a total of eight cinemas with seven regular cinemas and one IMAX theater with a total seating capacity of 5,812, [10] a food court, a fully computerized bowling center, 8,000-square meter amusement center, and a 2,000-square meter trade hall. Prior to the addition of the Northwing, it had a car park capacity of 1,629. [11]

The Northwing expansion, opened in 2007, features two floors of retail stores, restaurants, and cafes. It houses more than 200 tenants and caters to a more upscale clientele. [5] The expansion also added three levels of covered parking, and a one level of roof deck parking. [5]

Transport

The Cebu North Bus Terminal is situated inside the mall compound opposite the mall's parking area with the lot granted by SM Prime for free [12] for a period of two years, [13] after its lease in its former location in Subangdaku, Mandaue expired in early 2020. It was officially opened on October 12, 2020, and full operation started on October 15, 2020.


See also

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References

  1. ↑ Cebu businesses join Earth Hour, Philippine Daily Inquirer, March 30, 2008
  2. ↑ SM Investments, retrieved April 13, 2008
  3. 1 2 SM Prime nets P1.5 B in Q1, up 11%, Manila Bulletin, May 9, 2007
  4. ↑ SM Prime Holdings - SM City Cebu, retrieved April 13, 2008
  5. 1 2 3 SM Prime Holdings 2007 Annual Report
  6. 1 2 3 Cebuanos develop shopping, leisure habits [usurped] , Philippine Daily Inquirer, May 21, 2004
  7. 1 2 SM City Cebu to build 5-story annex by March, Sun.Star Cebu, February 21, 2006
  8. 1 2 SM opens P1.3B wing, Sun.Star Cebu, December 1, 2007
  9. ↑ Tan, Ivan Rey R. (July 21, 2022). "SM Cebu to expand mall, build school, BPO towers". SunStar . Retrieved July 25, 2022.
  10. ↑ https://www.smprime.com/sites/default/files/investor_relations/SMPH%20Bonds%20Preliminary%20Prospectus_0.pdf [ bare URL PDF ]
  11. ↑ SM sets P7B for new malls, upgrades others, BusinessWorld, October 9, 2006
  12. ↑ "North bus terminal opens on SM City Cebu grounds". SunStar Cebu . October 12, 2020. Retrieved October 13, 2020.
  13. ↑ Erram, Morexette Marie (October 29, 2020). "Capitol eyes establishment of new bus terminal at SRP". CDN Digital. Retrieved November 9, 2020. However, Garcia said the Capitol's agreement with SM Prime Holdings Inc. on the use of its mall parking area is only valid for two years.
Preceded by 4th SM Supermall
1993		Succeeded by
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