News
Driving Growth: SM City Davao's Expansion Boosts Business Opportunities
Posted by SM Supermalls on August 13, 2024
News
Posted by SM Supermalls on August 13, 2024
SM City Davao, the first SM mall in Mindanao, is embarking on a significant expansion, reinforcing its position as the premier shopping and business hub in the region.
With over 20 years of success in Davao City, SM City Davao is set to increase its footprint with an additional 100,000 square meters of floor area. The seven-level expansion, designed by acclaimed architect Royal Pineda, known for high-profile projects such as the New Clark International Airport, offers a blend of traditional and modern elements, creating a unique Davao experience.
The top two floors of the new building will house the first National University in Mindanao, marking a significant milestone for education in the region. As part of the SM Group of Companies, National University is committed to providing ‘education that works,’ enhancing the local talent pool and creating new opportunities for businesses seeking skilled professionals.
The expansion also includes two levels dedicated to leisure and retail, offering prime spaces for new and existing tenants to capitalize on the increased foot traffic. Three levels of indoor parking, accommodating approximately 1,000 vehicles, ensure a seamless shopping experience for visitors, further driving consumer engagement.
Cinemas will undergo significant upgrades, featuring two private theaters and two Director’s Club cinemas, complete with in-house butlers, food menus, and plush leather seats. These enhancements are designed to attract a diverse audience, increasing dwell time and boosting retail sales.
Since its opening in November 2001, SM City Davao has been a catalyst for economic growth in the area, attracting retail establishments and industry players. The Annex building, opened in 2012, continues to house premier retail brands, restaurants, Cyberzone, and BPOs.
The third mid-rise building promises to bring new, exciting experiences and concepts, meticulously curated for the vibrant Davaoeño market. This development is poised to attract more businesses, offering unparalleled opportunities for growth and collaboration.
SM City Davao’s expansion underscores its commitment to evolving with the community, transforming from a local mall to a dynamic shopping destination that meets the needs of Davao’s next-generation youth and modern families while providing a robust platform for business growth and innovation.
About SM Supermalls
At SM, we continually push the boundaries of retail, redefining and reimagining the mall experience for Filipinos. More than just shopping spaces, we are building and nurturing communities where both Filipinos and businesses thrive. By partnering with diverse brands, supporting MSMEs, and driving our sustainable efforts and programs, we foster strong relationships with our business partners. Our evolution focuses on delivering meaningful experiences for our shoppers and partners. At SM, we are dedicated to growing with you every step of the way.
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