It’s confirmed, SM Prime Holdings, the largest mall developer in the Philippines included in their list of future malls the planned SM City North Davao. It is SM’s second mall in Davao City and is expected to open in 2010.
Though no press release has yet been made, it is very apparent that the former 33-hectare Lanang Golf and Country Club is now being restructured. This was recently bought by Taipan Henry Sy and will be the site for the future Mall.
It is twice the size of SM City Davao which only has a land area of 132,000sq.m. and Gross floor area of 75,440 sq.m.; the SM City North Davao will be erected within the land area of 640,000sq.m. and the mall itself will have a Gross floor area of 175,000sq.m.
So we are not just expecting Gaisano Mall of Davao’s (P1 Billion) Expansion Project (2008), Ayala Center Davao to be known as Abreeza Mall (2010), and Robinson’s Cybergate Davao (2009) to open but also SM City North Davao (2010). Whoop! whoop!