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.
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 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.
This 169-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 150cm x 150cm dimensions of 21 MPA concrete ultimate compression strength from the foundation up to the third level.[13]
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]
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.
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