
SM Prime Holdings, Inc. will be launching SM City Grand Central on Friday, which is located in the commercial district of Caloocan.
In a statement, SM Prime said its newest mall will add over 116,000 square meters (sq.m.) of gross floor area (GFA) to its mall portfolio.
“As the economy starts to reopen given the improving COVID-19 (coronavirus disease 2019) condition in major key areas in the Philippines, primarily here in Metro Manila, we are pleased to welcome customers to our newest mall, SM City Grand Central,” SM Prime President Jeffrey C. Lim said.
SM City Grand Central is located near transportation terminals such as LRT 1 through Monumento Station, while the mall will also have 700 parking slots.
The mall will offer six floors, housing SM staples as well as local and international brands. It will be opening with over 70% of its lease area already taken up.
SM Prime said the mall will feature The SM Store, SM Supermarket, Watsons, Miniso, Uniqlo, Crocs, Levi’s, Surplus Shop, ACE Hardware, Pet Express, Sports Central, Our Home, SM Appliance, The Body Shop, National Bookstore, China Bank, and BDO.
SM City Grand Central will also feature an indoor park set called The Skylight Park, which SM Prime said is developed “with Filipino families in mind.” Alfresco dining will be available at the park and will have a Health and Well-ness Zone.
“As when this pandemic started, SM will continue to support the government’s COVID-19 response program so that we can all look to a better and brighter year ahead,” said Mr. Lim.
SM Prime shares at the stock market rose 1.76% or 65 centavos to close at P37.50 apiece. — Keren Concepcion G. Valmonte