Here's a part of a document published at SM's website and dated 2010:
Malls under Construction
For 2011, the Company plans to open SM City Masinag in Antipolo City with gross floor area of 82,804 square meters, SM City San Fernando in Pampanga with gross floor area of 40,000 square 9meters and SM City Olongapo in Zambales with gross floor area of 30,000 square meters. Part of the 2011 program is for SM Prime to also expand two of its existing malls namely SM City Davao in Southern Mindanao and SM City Dasmariñas in Cavite. The Company is also scheduled to open SM Suzhou, its fourth mall in China, which is located in the province of Jiangsu with gross floor area of 70,000 square meters.
The Company retains ownership of all the sites on which the SMPH malls are built, with the exception of SM City Bacoor, SM City Manila, SM Center Valenzuela, SM Center Molino, SM Center Pasig, SM City Clark, SM City Taytay, SM Center Muntinlupa, SM City Naga, SM City San Pablo, SM City Calamba, SM City Xiamen, SM City Jinjiang and SM City Chengdu, which are held under long term leases. In addition, the land where SM Mall of Asia and SM City Baguio are constructed are owned by SM Land, Inc. and SM Investments Corporation, respectively, both companies are also under the SM Group. The land where SM City San Lazaro is constructed is owned by San Lazaro Holdings Corporation, a 100%-owned subsidiary. Rental rates are based on prevailing market rent for the said properties. Lease renewal options are subject to mutual agreement of the parties. SM Megamall is owned by FARDC, a 74% owned subsidiary and SM by the Bay is owned by FLVI, a 50% owned subsidiary.
Size Location In Sq. M.
Owned
Cebu SRP 304,100
Pangasinan (Urdaneta) 153,808
Pangasinan (Dagupan) 147,699
Davao (Lanang) 100,000
Cabanatuan City 41,721
Cavite (Trece Martires) 20,000
Tuguegarao City 16,181
Palawan (Puerto Princesa) 15,619
Leased
Taguig 33,975
Elliptical (GSIS) 29,567
Commonwealth 20,230
Balara, Quezon City 14,170
97,942
Total – 13 sites 897,070
Source: http://sm.com/uploads/DownloadableForms/SEC%2017-A-2010.pdf
The said lot is located at Mabini Street corner Luna Extension near People's Gym.
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ReplyDeleteNope. SM Mall po. Yung nasa taas po, which includes Tuguegarao, are the possible future expansion sites of the said mall developer. yun nga lang no date has been fixed para start ng construction
ReplyDelete16+ sq. m. only? I thought they bought the whole space with a total land area of 5 hectares = 50,000 sq.m.
ReplyDeletei mean 16K+ sq. m.
ReplyDeleteI don't know. There's this forum that said that that 16, 000+ sq. meters pertains only to the lot fronting the motor repair shop at Aguinaldo corner Mabini Street and doesn't include that lot where the Tobacco stuff used to located. Hindi ko sure kung totoo. basta ang nakalagay sa site ng sm yan lang. anyway, ok lang yan. Sta. Mesa o San Lazaro siguro ang kasize
ReplyDeletePwede din, but the lot is really huge same as with the location super swak magpatayo ng business. Good if SM will develop the whole area.Sana in two years time pwede na mag-cater Tugue ng SM mall, kahit SuperCenter lang ayos na. Anyway just a wish. hehehe. Happy for our city.
ReplyDeleteYap. Strategically located. hoefully nga magkaroon na.
ReplyDelete