SM Prime Holdings Inc. is opening its 89th mall in the country on Friday, Oct. 17, in La Union.
The Sy family-led property giant on Wednesday disclosed that SM City La Union spans more than 51,000 square meters. The new mall stands along Diversion Road in Barangay Biday, San Fernando City.
Four-fifths of the leasable space has been occupied so far, SM Prime said.
‘This is our ninth mall in Northern Luzon and we designed it to serve as a landmark for both residents and tourists,’ SM Prime president Jeffrey Lim said.
‘As the surfing capital of the region, La Union deserves a retail center that reflects its vibrant lifestyle and rich culture,’ Lim added.
The new mall features the 1,348-sqm Sandbox, an outdoor venue for sports tournaments, mini concerts and other community activities, according to SM Prime. /rwd