SM Neo Verde

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SM Neo Verde
Location Santa Rosa, Laguna Philippines
Address Santa Rosa–Tagaytay Road, Barangay Santo Domingo
Opening date2026
Previous namesSM Santa Rosa Yulo
SM
Developer SM Prime Holdings
Management SM Supermalls
No. of stores and servicesTBA
Total retail floor area 190,000 m2 (2,000,000 sq ft)
No. of floors4 levels (1 basement)
ParkingTBA
Website www.smsupermalls.com

SM Neo Verde, also known as SM Santa Rosa Yulo or SM Yulo, is an under-construction shopping mall located along Santa Rosa–Tagaytay Road in Santa Rosa, Laguna. It is the fifth SM Supermall in the province of Laguna and the 2nd SM Supermall in Santa Rosa after SM City Santa Rosa. It is owned by SM Prime Holdings. It is slated to open in 2026, once opened, it will be the largest mall in the city and in the province with a gross floor area of approximately 190,000 m2 (2,000,000 sq ft). [1]

Contents

Etymology

Social media posts from construction workers working at the upcoming mall rumored that the mall's name will be called "SM Neo Verde", [2] derived from "new green" or "modified green" in Romance languages. The mall was previously called SM Santa Rosa Yulo or simply SM Yulo, derived from its site's location on former agricultural land at the Yulo Estate, which is notably associated with José Yulo, who acquired the nearby Canlubang Sugar Estate in 1948. [3] It also had the "Premier" branding, bearing the names SM Santa Rosa Yulo Premier and SM Yulo Premier, until SM dropped the branding across its existing malls in 2023. It was also known as SM City Santa Rosa 2, being the second SM Supermall in Santa Rosa. [4]

History

In an interview with ABS-CBN News Channel, SM Supermalls President Steven Tan mentioned that the mall will be a "premier mall" with a one-hectare (2.5-acre) air-conditioned indoor garden at the center of the mall, where all the shops and restaurants will be looking into to cater the more affluent market in the high-end Nuvali territory. [5] [6]

On April 13, 2025, a scaffolding in the under-construction mall collapsed at around 10:30 a.m. PHT, burying two workers who were pouring concrete on the second floor, according to police. Both were rushed to the hospital upon retrieval but were declared dead later that night. [7] [8] [9] Following the incident, Santa Rosa Mayor Arlene Arcillas ordered the suspension of the construction, as the Office of the City Building Official and the City Engineering Office would inspect the construction site. [10]

Mall features

SM Prime expects the new four-level mall to rise as a new lifestyle landmark in the city. Unlike its sister mall, SM City Santa Rosa, which has an attraction at the center of the main mall called The Rainforest, the mall will feature a one-hectare (2.5-acre) air-conditioned garden in the middle of the mall. The mall will also house SM Supermarket and SM Store as tenants. The mall is expected to have an upscale food hall with gourmet dining options and entertainment options such as cinemas with Director's Club and IMAX with Laser options.[ citation needed ]

Park Inn and SMX Convention Center Santa Rosa

SM Hotels and Conventions Corp. (SMHCC), the hospitality subsidiary of SM Prime Holdings Inc., is building a new Park Inn by Raddison hotel near the mall. The 1.5-billion project is scheduled to open in the first quarter of 2029. [11] The hotel will feature 201 guest rooms and be situated within an integrated SM Prime development.

An upcoming SMX Convention Center Santa Rosa is also situated in the Park Inn building and will be connected to the mall via a bridgeway. [12]

References

  1. "SMPH Series YZAA Bonds – Final Offer Supplement" (PDF). SM Prime . Retrieved February 10, 2025.
  2. "JUNE 2025 UPDATE OF SM NEO VERDE IN SANTA ROSA, LAGUNA 🔨🧱". Facebook .
  3. Saludes, Mark (January 22, 2021). "Filipino farmers decry continuing landlessness, mark 1987 massacre of protesting peasants". LiCAS.news.
  4. "SM Supermalls' bold new era: All for you". The Philippine Star. September 3, 2025.
  5. de Castro, Isagani Jr. (February 27, 2024). "SM to open 5 new malls in 2024 as PH retail rebounds big". Rappler.
  6. Fuentes, Arthur (February 26, 2024). "SM to open La Union mall with 'surfer vibe', 3 other PH malls, 1 new China mall". ABS-CBN News.
  7. Aquino, Lyza (April 13, 2025). "2 workers missing after construction site collapse in Santa Rosa, Laguna". ABS-CBN News.
  8. "Itinatayong SM Yulo, gumuho; 2 nawawalang construction worker, natagpuan na" (in Filipino). ZNews.ph. August 4, 2022.
  9. Amor, Luwela (April 14, 2025). "2 construction workers dead after scaffolding collapse at a construction site in Santa Rosa, Laguna". DZRH News Television . Retrieved July 31, 2025.
  10. Aquino, Liza; Datu, Dennis (April 14, 2025). "2 construction workers die in Laguna scaffolding collapse". ABS-CBN News. Retrieved April 14, 2025.
  11. Adonis, Meg J. (August 19, 2025). "Park Inn Sta. Rosa to rise in 2029". Philippine Daily Inquirer.
  12. Philippine Real Estate News Curator (August 19, 2025). "Sta. Rosa to welcome new international hotel by 2029". Philippine Real Estate News. Retrieved August 21, 2025.

Preceded by 91st SM Supermall
2026
Succeeded by
TBA