Biz Buzz: SM’s 87th mall

Who says we’re tired of seeing SM malls sprout from every corner?

SM Prime Holdings Inc. certainly isn’t, especially with another SM mall set to open its doors this week.
The real estate giant on Wednesday announced that SM City J Mall in Mandaue City, Cebu would have its grand opening on Friday, Oct. 25.

You heard it right: yet another SM mall in Metro Cebu (the fourth, to be exact), which seems to be proof that the country’s second-largest metropolis will continue to get busier and busier.

“The opening of SM City J Mall reflects our confidence in the robust economic growth of Central Visayas,” SM Prime president Jeffrey Lim said in a statement.

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“This new mall is designed to cater to the increasing demand for premium commercial and lifestyle experiences in Mandaue City,” Lim added.

Mandaue, a first-class highly urbanized city standing minutes away from Mactan-Cebu International Airport, is touted to be Central Visayas’ industrial hub with 10,000 industrial and commercial locators.