Wednesday, December 10, 2008

SM Prime Opens SM City Baliwag

(10 December 2008. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) will open its 33rd mall in the country on Friday, 12 December 2008 in Baliwag, Bulacan. SM City Baliwag occupies 93,000 square meters (sqm) of land and has a gross floor area (GFA) of 61,554 sqm. Its total leasable area is 42,171 sqm with two of its anchor tenants, SM Department Store and SM Hypermarket occupying 18,985 sqm and 9,507 sqm of floor space, respectively. SM City Baliwag is located approximately 40 kilometers from the EDSA - Balintawak interchange of the North Luzon Expressway.

As in all other SM Prime malls, SM Baliwag offers a complete line of stores and services for shopping, dining, entertainment, health, and wellness. Among the facilities included are an 824-sqm food court, four cinemas with a combined seating capacity of 1,241, and parking for over 500 vehicles. Other mall tenants include Jollibee, KFC, Gerry’s Grill, SM Appliance, Watsons, National Bookstore, Ace Hardware, and Worlds of Fun, among others.

SM Prime President Mr. Hans Sy said, “We welcome SM City Baliwag as the 33rd member of our family of SM Supermalls. Baliwag is one of the major transport hubs in the province of Bulacan, a take off point to and from Pampanga, Nueva Ecija, and Metro Manila. It has a festive and traditional setting, which include Holy Week processions that attract huge crowds. These attributes make Baliwag an ideal location for an SM mall.”

Baliwag is a first class, urban municipality in the province of Bulacan. It is also known for its native delicacies, furniture, garments, embroidery, and a thriving pyrotechnics industry. SM City Baliwag is the last mall to be opened in 2008.

It is estimated that the opening of SM City Baliwag will provide employment to close to 1,500 people which includes direct and indirect employees.

Earlier, SM Prime launched SM City Marikina, the SM Megamall Bridgeway and SM City Rosales in Pangasinan. The Annex at SM City North Edsa is also set to open in December 12. All these increase the total gross floor area of SM malls by 9% to 4.3 million sqm.

* Press release by SM Prime Holdings, Inc.


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