SM Seaside City

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SM Seaside City
SM Seaside City (Cebu) Logo (2023).svg
SM Seaside City FPV Drone Video 4K 0-31.jpg
An aerial view of SM Seaside City in 2024
SM Seaside City
LocationSeaside City, South Road Properties, Brgy. Mambaling, Cebu City, Philippines
Coordinates 10°16′49.4″N123°52′54.6″E / 10.280389°N 123.881833°E / 10.280389; 123.881833
Opening dateNovember 27, 2015;9 years ago (2015-11-27)
Previous namesSM Seaside City Cebu (2015–2022)
SM Seaside City (2022–)
Developer SM Prime Holdings
ManagementSM Prime Holdings
ArchitectWV Coscolluela & Associates
Arquitectonica (consultant)
Wow Architects (interior designer)
No. of stores and services700+
No. of anchor tenants 12
Total retail floor area 470,486 m2 (5,064,270 sq ft)
No. of floors5
Parking4,336
Public transit access
  • Bus-logo.svg   CIBUS   Il Corso, IT Park, Ayala Center Cebu
  •   MyBus   Anjo World, SM City Cebu, Parkmall
Website SM Seaside City

SM Seaside City (also known locally as SM Seaside and formerly but still officially known on exterior signage as SM Seaside City Cebu), is a large shopping mall owned and developed by SM Prime Holdings in South Road Properties, Cebu City, Philippines. The mall opened on November 27, 2015, exactly 22 years after SM City Cebu, another mall also owned by SM Prime in Cebu City, opened in 1993.

Contents

As of 2022, it is the largest mall in Cebu, the fourth largest shopping mall in the Philippines and the sixteenth in the world, with a gross floor area (GFA) of approximately 470,486 square meters. [1] SM Seaside is SM Prime Holdings' third mall in Metro Cebu and its 56th mall in the Philippines. The mall is designed by Arquitectonica, the same company which designed other SM Supermalls, such as SM North EDSA, SM Mall of Asia, and SM Megamall.

History

Plans for a second SM Supermall in Cebu were already in place as early as 2007, [2] with the Cebu City government-owned South Road Properties seen as a potential location. In 2009, SM Prime Holdings formally submitted an offer to acquire 28 hectares of land in the South Road Properties, with plans to develop a mall and other mixed-use developments for ₱20 billion over 15 years, [3] with the purchase formally approved by the Cebu City government in 2010. [4]

On April 12, 2011, SM Prime held a ground-breaking ceremony at the mall's location, located at the corner of F. Vestil Street and the Cebu South Coastal Road. [5]

Months before the mall's opening, SM Prime Holdings President Hans Sy stated adjustments for the project, in terms of budget allocation to ₱8.5 billion, from the original budget of ₱6 billion, and the whole SM Seaside Complex now estimating to cost ₱30 billion. [6] It is SM's largest and most expensive mall ever built in a single construction phase until the completion of SM City Tianjin in China.

On November 27, 2015, SM Seaside City opened to great fanfare, and causing major traffic congestion in the South Road Properties area, particularly along the Cebu South Coastal Road. On that evening, a fireworks display was held to celebrate the opening of the mall, which would be the largest in Cebu. [7]

Features

SM Seaside City, ground level view SM Seaside (SRP, Cebu City; 01-20-2024).jpg
SM Seaside City, ground level view

SM Seaside City is a circular-shaped retail mall with multiple anchors, including a two-story SM Store (formerly The SM Store), SM Supermarket, a Centerstage theater, a Super Screen Cinema (formerly Large Screen format cinema), two Director's Club cinemas, and 4 regular cinemas, an 18-lane SM Bowling and Amusement Center, and an Olympic-size ice skating rink near the food court. [8]

Super Screen Cinema

The Super Screen Cinema features a screen almost 30% larger than the regular cinema screen size using a Christie 6P laser projection system and a SM Large Screen Cinema using Dolby Atmos Sound System. The cinema contains 351 seats. [9] The technology in this cinema is similar to Dolby Cinema, which also uses Christie projectors.

SMX Convention Center

The proposed SMX Convention Center Cebu will stand on the property of South Coast City, an adjacent mixed-use development co-owned by SM Prime with Ayala Land, [10] [11] which it will open on DD | MM | 2025.

Seaside Tower

This 147-meter tall tower is located on the center of the mall. [12] There are plans for restaurants, coffee shops and a viewing deck at the top of the tower which will provide people with a 360-degree view of Cebu City and the mall. The tower is still currently unoccupied. The tower is supported by columns of 150 cm x 150 cm dimensions of 21 MPA concrete ultimate compression strength from the foundation up to the third level. [13]

Other projects

SM Seaside Arena

The SM Seaside City Arena is a proposed 16,000-seating capacity indoor arena intended to be built across the shopping mall complex. It is planned to house international concerts and events, and, upon completion, will be the biggest indoor arena in Cebu. [14]

It is planned to become a venue for the Cebu Schools Athletic Foundation, Inc. (CESAFI) and the Philippine Basketball Association (PBA) and was one of the planned venues for the 2019 FIBA Basketball World Cup, had the Philippines won its bid to host the tournament. [15]

In January 2017, SM Prime Holdings reportedly canceled its plans to build the arena. [16] [17] However, plans for the arena resumed in late 2019, with the arena, instead of being within the SM Seaside complex, now placed in the South Coast City, setting to open on MM | DD | 2025.

See also

Related Research Articles

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<span class="mw-page-title-main">SM Seaside Arena</span> Indoor arena in Cebu City, Philippines

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References

  1. ↑ "To open on September 2015 SM Seaside Complex construction on track". SM Prime . SM Prime. January 30, 2016. Retrieved March 28, 2019.
  2. ↑ "SM plans new shopping center in Cebu". smprime.com. January 22, 2007. Retrieved December 11, 2024.
  3. ↑ "SM offers to buy lot from Cebu city gov't for next big project". smprime.com. November 24, 2009. Retrieved December 11, 2024.
  4. ↑ Borromeo, Rene U.; Dagooc, Ehda (January 15, 2010). "After Signing Deal To Buy SRP lot: SM set to pour P21B into Cebu". The Freeman . Retrieved December 11, 2024.
  5. ↑ "SM Seaside City set to change Cebu landscape". Yahoo! Philippines News . Manila Bulletin. April 18, 2011. Archived from the original on December 31, 2013. Retrieved May 22, 2015.
  6. ↑ "SM hikes investment in new mall". Cebu Daily News . Philippine Daily Inquirer. June 6, 2015. Retrieved December 5, 2015.
  7. ↑ "Biggest mall in Vis-Min, SM Seaside City Cebu, opens November 27". Interaksyon. Archived from the original on November 4, 2016.
  8. ↑ "To open on September 2015 SM Seaside Complex construction on track". The Philippine Star . The Freeman. January 16, 2014. Retrieved May 22, 2015.
  9. ↑ "SM Cinema brings world-class entertainment closer to provincial areas". SM Investments.
  10. ↑ Lorenciana, Carlo (December 9, 2019). "26-hectare ALI-SM project at SRP to start construction in Q1 2020". SunStar . Retrieved November 21, 2020.
  11. ↑ Sino Cruz, Irene R. (November 12, 2019). "SM-Ayala consortium bares details of multi-billion SRP development". Cebu Daily News . Retrieved November 21, 2020.
  12. ↑ "SM Seaside City Cebu: SM Unveils New Regional Landmark In Cebu City". SM Investment Corporation. November 26, 2015. Retrieved April 20, 2020.
  13. ↑ "10 Things SM Seaside City Cebu Has to Offer". December 9, 2015. Retrieved February 1, 2016.
  14. ↑ Badua, Snow (October 22, 2013). "Slightly smaller version of MOA Arena set to rise in Cebu, says official". Spin.ph. Retrieved May 16, 2015.
  15. ↑ Miravite, Myke (January 2, 2015). "Solaire, SM Group propose to build stadiums to boost PH's FIBA World Cup hosting bid". Rivals.ph. Retrieved March 25, 2015.
  16. ↑ Nalzaro, Bobby (January 23, 2017). "Nalzaro: SM to cancel multi-billion projects". Sun.Star Cebu . Sun.Star Cebu . Retrieved January 23, 2017.
  17. ↑ Limpag, Mike T. (January 25, 2017). "Limpag: Fans dream of arena foiled by politics". Sun.Star . Sun.Star . Retrieved February 6, 2019.
Preceded by
SM Center Sangandaan
 56th SM Supermall
2015		Succeeded by
SM City San Jose Del Monte
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