SM Lanang
SM Lanang logo
The facade of SM Lanang in 2015
LocationDavao City, Philippines
Coordinates7°05′55.67″N 125°37′52.11″E / 7.0987972°N 125.6311417°E / 7.0987972; 125.6311417
AddressJ.P. Laurel Avenue, Brgy. San Antonio, Agdao District
Opening dateSeptember 28, 2012 (2012-09-28)
Previous namesSM Lanang Premier (2012-2023)
DeveloperSM Prime Holdings
ManagementSM Prime Holdings
ArchitectPoint Design Inc.
No. of stores and services273
No. of anchor tenants2
Total retail floor area145,174 m2 (1,562,640 sq ft)
No. of floors4
Public transit access
WebsiteSM Lanang Premier

SM Lanang (formerly SM Lanang Premier), is an indoor four-story shopping mall in Lanang, Davao City, Philippines along Jose P. Laurel Avenue and within S.P Dakudao loop. It was the first SM Supermall to be called "Premier"(now discontinued). The mall is owned by Henry Sy, Sr. and managed by SM Prime Holdings. Construction of the mall started in 2011 and opened to the public on September 28, 2012, on the site of the former Lanang Golf and Country Club.

The mall has a gross floor area of 145,174 m2 (1,562,640 sq ft) making it one of the largest shopping malls in Mindanao. The mall has 273 stores along with several restaurants. The mall has the SM Store and SM Supermarket as anchor stores. It features six cinemas, an IMAX Theater, SMX Convention Center, SM Science Discovery Center (now closed since 2015), a bowling center, and an Al fresco dining situated along the fountain court, located at the back of the mall. SM Lanang is the 4th largest taxpayer in Davao City along with SM City Davao.

History

SM Lanang Premier's first logo from 2012 to 2022.

Planning and construction

SM Prime Holdings developed SM Lanang, a Philippine-based shopping center management firm. In 2008, SM Prime Holdings bought 10 hectares out of the 40-hectare property of Lanang Golf and Country Club from Dakudao and Sons for the mall.[1][2] SM Prime Holdings saw potential in the upscale northern sections of the city.[3] The mall was to be an SM City Mall, a shopping mall with SM Store, SM Supermarket or SM Hypermarket and SM Cinemas together with retail shops, and it was scheduled to open in 2011.[4] The management planned that the mall would be bigger than SM City Davao, the first SM Mall in Mindanao.[5] This original plan would have generated over 1,000 jobs.[6][7] Moreover, local people unofficially named the mall as SM North Davao. Officers of SM Prime Holdings requested anonymity because they could not discuss project details. The administration planned to start the mall project in January 2010.[8][9] However, the management moved the start to 2011, together with SM City General Santos.[10][11]

Tenant partners, retailers, food chains, service centers and merchants attended the tenant's preview of SM Lanang on March 22, 2012. SM Prime Holdings announced the mall's name as SM Lanang Premier.[12] Point Design, Inc. designed the mall.[13] G&W Architects was the Architect of Record; NGCB was the General Contractor; D.A. Abcede and Associates was the Project Manager; Edge its Cinema Designer; Abesamis-Guerrero was the SMX Convention Center Designer,[lower-alpha 1] and HBO+EMTB was the Cyberzone designer.[15]

In 2023, the mall was renamed to SM Lanang as part of a rebrand of Premier SM malls that don't carry the said branding.

Opening

Eight days before it opened, SM Lanang had 160 out of 273 stores occupied.[16] The mall opened to the public on September 28, 2012. Its operating hours are from 10:00 am until 9:00 pm [17] A sellout crowd filled the mall during its opening,[18][19] causing motorists and commuters trouble as they got stuck in heavy traffic along Jose P. Laurel Avenue.[20][21] At the time it opened, the mall's occupancy rate was 91%.[22]

Location

SM Lanang is SM Prime Holdings' fourth mall in Mindanao after SM City Davao, SM City CDO Uptown and SM City General Santos. It is on the site of the previous Lanang Golf and Country Club in Lanang, Davao City. It is 2.5 km (1.6 mi) away from Francisco Bangoy International Airport and 4 km (2.5 mi) away from Port of Davao.[23][lower-alpha 2] Additionally, S.P Dakudao loop bordered the mall and Jose P. Laurel Avenue to its north.[24] The mall is near AH26 and R. Castillo Street, which vehicles use as an access and exit point.[25] The mall is also near to Davao Museum.[23]

Features

Interior of SM Lanang in August 2023.

Design

Origami, the traditional Japanese art of paper folding, became the inspiration for the mall's exterior design. Thus, the mall's north, south, and west facades employed the use of various asymmetric lines.[15]

Operations

In March 2013, SM Lanang hosted the M.I.C.E convention along with the annual Philippine Advertising Congress, accommodating 5,000 people.[26] As of August 2013, the mall's daily foot traffic has seen 20,000 people on weekdays and 40,000 on weekends.[27]

Economic impact

SM Lanang serves as a major tourist attraction in Davao City and is the 4th largest taxpayer in the area, together with SM City Davao.[28][29] As of 2013, it has an income tax return of ₱8 million.[29] The mall employed 10,000 people in 2012.[30] IBEX Global Solutions opened a Business process outsourcing within the mall last October 2013 with a gross floor area of 3,500 m2 (38,000 sq ft) which employed additional 700 people.[27][31] As a result of SM Lanang's very strong profit and Mindanao's growing economy, SM Prime Holdings opened 2 more malls in Mindanao area, one in Butuan and a second mall in Cagayan de Oro. MegaWorld Corporation is planning to open a residential building within the mall's vicinity, with an investment amounting to ₱15 billion.[24][29][32] SM Lanang together with SM City Davao accounts for 80% of total profit of SM Prime Holdings in Mindanao.[33]

See also

Notes

  1. ↑ SMX Convention Center and Trade Hall do have the same functions but do not have the same branding and both are managed by SMX Convention Specialist Corporation (SMX Corp.) under SM Hotels and Conventions Corporation.[14]
  2. ↑ Although reference states that SMX Convention Center is 2.5 and 4 km (1.6 and 2.5 mi) respectively, it is stated that SMX Convention Center is inside of SM Lanang Premier, in which those facts for SMX Convention Center Davao can also be applied for SM Lanang Premier, given it is inside of SM Lanang Premier.[23]

References

  1. ↑ Mallo, Carlo P. "SM Lanang Premier to redefine Davao's lifestyle". Edge Davao. Retrieved October 7, 2012.
  2. ↑ "More shopping malls to rise in Davao City". Philippine Star. July 19, 2008.
  3. ↑ Liu, Kristine Jane R. & Francisco, Carmelito Q. (April 29, 2009). "Davao Expansion". Business World.
  4. ↑ Villamor, Marites S. (July 6, 2009). "SM to build more malls in Cebu". Business World.
  5. ↑ Padillo, Maya M. (June 6, 2009). "SMIC to put another mall in Davao City". Mindanao Daily Mirror.
  6. ↑ Quiros, Judy (April 28, 2009). "SM City mall to rise in Lanang". Mindanao Daily Mirror.
  7. ↑ Deligero, Greg G. (March 21, 2011). "New malls in Davao to increase city's demand for power supply". Edge Davao. Retrieved October 7, 2012.
  8. ↑ Mallo, Carlos P. (February 19, 2010). "Construction of SM Lanang to start soon". Sun. Star Davao. Retrieved April 24, 2014.
  9. ↑ "SM North Davao to start construction". Sun.Star Davao. November 16, 2009.
  10. ↑ "SM Mall in Lanang to employ 1000". Edge Davao. Retrieved October 7, 2012.
  11. ↑ Dela Peña; Zinnia B. (April 28, 2010). "SM Prime forms REIT vehicle to raise $500 million". The Philippine Star.
  12. ↑ "World-class SM Lanang Premier reshaping malling in Mindanao". Sun. Star Davao. April 18, 2012. Retrieved April 24, 2014.
  13. ↑ "Point Design : SM Lanang Shopping Center". Point Design Inc's workers. Point Design Inc. Retrieved October 16, 2012.
  14. ↑ "About Us". SM Prime. Retrieved October 26, 2012.
  15. 1 2 "SM Lanang in Davao opens". Manila Bulletin. Manila Bulletin. October 3, 2012. Retrieved October 5, 2012.
  16. ↑ Colina, Antonio IV (September 18, 2013). "SM Lanang Premier boasts of world-class facilities". SunStar. Retrieved April 21, 2014.
  17. ↑ "Information | SM Supermalls". SM Supermalls. p. 1. Retrieved April 21, 2014.
  18. ↑ Cayon, Manuel T. (October 1, 2012). "SM to put up premier mall in Taguig, five more malls in Mindanao". Business Mirror.
  19. ↑ "SM Lanang Attracts record crowd". BusinessMirror. October 9, 2012. Retrieved April 23, 2014.
  20. ↑ Paloma, Jerecco O. (September 28, 2012). "Mall opening jams Lanang". Sun.Star Davao. Davao City. Retrieved October 16, 2012.
  21. ↑ Alcantara, Jojie & Bagaforo, Nelson C., RaiN (September 30, 2012). "SM Lanang Premier opens". Sun.Star Davao. Retrieved October 7, 2012.{{cite news}}: CS1 maint: multiple names: authors list (link)
  22. ↑ "SM Prime Holdings, inc. Annual Report 2012" (PDF). SM Prime Holdings. p. 17. Retrieved April 22, 2014.
  23. 1 2 3 "SMX Excites events scene in Davao" (Press release). August 1, 2012. Retrieved April 23, 2014.
  24. 1 2 Austria, Jenniffer B. (March 20, 2014). "MegaWorld goes to Davao City". Retrieved April 23, 2014.
  25. ↑ Paloma, Jereco (September 20, 2012). "Councilors Discuss SM Lanang Access Road Today". Sun.Star Davao. Retrieved April 23, 2014.
  26. ↑ "Investment Matters" (PDF). City Government of Davao. February 2013. p. 7. Retrieved April 22, 2014.
  27. 1 2 Dumlao, Doris C. (August 25, 2013). "SM Mindanao malls gets big boost from BPOs". Retrieved April 22, 2014.
  28. ↑ Enriquez, Spanky (January 17, 2013). "SM Lanang Premier: Davao's Newest Tourist Attraction". Retrieved April 22, 2014.
  29. 1 2 3 "Malls among Davao's top taxpayers". Business World. April 2, 2014. Retrieved April 22, 2014.
  30. ↑ "SM Plans to build five more malls in Mindanao cities". Edge Davao. October 1, 2013. Retrieved April 22, 2014.
  31. ↑ "IBEX Global Solutions Davao to serve 6 more international clients". Sun.Star Davao. November 26, 2013. Retrieved April 24, 2014.
  32. ↑ "SM Expands presence in Mindanao". August 26, 2013. Retrieved April 24, 2014.
  33. ↑ Morales, Neil Jerome C. (August 26, 2013). "SM Expands in Mindanao". The Philippine Star. Retrieved April 24, 2014.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.