Property developer SM Prime Holdings Inc. said Wednesday it is set to open its newest shopping mall in Tanza, Cavite on Oct. 14.
SM Prime said in a disclosure to the stock exchange SM City Tanza, with 60,000 square meters of gross floor area, would offer shopping, dining and entertainment to customers.
“We are excited to welcome everyone to SM City Tanza as this marks another milestone and partnership between SM Prime and the province of Cavite, specifically with the municipality of Tanza. It is our aim to offer shopping convenience and fun entertainment to the communities around the area as well as visitors of Cavite and other neighboring destinations in the region,” SM Prime president and chief executive Jeffrey Lim said.
SM City Tanza, located along Antero Soriano Highway in Barangay Daang Amaya II, is 89-percent leased out to various tenants. It is the seventh SM mall to open in the fast-growing Cavite province. Other SM Malls are located in Bacoor, Dasmarinas, Molino, Rosario, Trece Martires and Imus.
It is also the second SM mall to be opened this year after SM City Roxas. Also set to open in 2022 are SM City Tugeugaro and SM City Sorsogon.
SM City Tanza will provide two levels of shopping experience, along with dining, amusement and service shops led by SM Group’s The SM Store, SM Supermarket, Ace Hardware, SM Appliance Center, Watsons, Pet Express, Miniso, Uniqlo, Crocs, Surplus and BDO.
It will also house five cinemas and a carpark with almost 800 slots for convenience to guests. It will also have public transport terminals for inter-province and inter-region accesses that will further boost tourism and commerce in the area.
“With the continuous improvement in our local economy, we hope that SM City Tanza will be an avenue of opportunities for local SMSE’s to grow as well as for local employment to prosper and drive progress not only in Tanza but in the whole province of Cavite,” Lim said.