Biggest shopping mall in Iloilo opens expansion wing

• Source: http://www.pna.gov.ph/index.php?nid=3&rid=829464
• Saturday, November 21, 2015

By Lydia C. Pendon [(PNA), CTB/PGL/LCP/CBF]

ILOILO CITY (PNA) -- SM City Iloilo opens its expansion wing of four floors at the left side with its food hall of popular local and international restaurants, boutiques and specialty stores establishing its dominance as the biggest shopping mall in Iloilo City and the rest of Western Visayas.

The inauguration today was graced by local officials on top of representatives of the Iloilo business community and store suppliers.

SM Prime Holdings’ total investment in the expansion was at P1.3 billion and set to offer the best entertainment, dining, lifestyle and shopping experience to its shoppers and patrons.

Furthermore, the expanded mall will provide more jobs to the Ilonggos.

From an existing 71,995 square meters and 200 leased units, SM Prime Holdings added four floors of 21,124 square meters and 165 units shopping and dining spaces. The mall now has a total of 93,079 square meters and 365 units.

Steven Tan, senior vice president of SM Supermalls, said the expansion program also covers the works at SM Cebu set to be inaugurated next week to become the biggest in the whole Visayas and at the Mall of Asia (MOA) in Metro Manila to have a third level and botanical garden.

SM targets 75 shopping malls in the country by 2018 from its existing current 55 malls. SM is also expanding overseas with 37 shopping malls in China with the latest in Tianjin, China. SM is also into business partnership with Double Dragon Properties Corp with its City Malls while its latest acquisition is Cherry Foodarama in Mandaluyong to be converted into a premiere shopping site.