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Archive for October, 2007

SM Naga Perspective

SM Naga Perspective

IF PLANS push through, excavation work for the planned SM Naga City mall will begin by mid-November, high ranking officials of the company bared in a presentation before the Sangguniang Panlungsod last October 22.

Also in attendance were ranking members of the Metro Naga Chamber of Commerce and Industry, as well as department heads of the city government.

Annie S. Garcia, vice president for operations of the SM Group, said they are aiming for a March 2009 opening. Joining her were Engr. Antolin Paule, senior vice president for engineering; Glen Ang, assistance vice president; Ronald Tumao, vice president of the business development group; and other ranking officials of the construction group… [Read More]

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NAGA CITY — With 600,000 population distributed in 113,000 households within the Metro Naga area, which is composed of this city and 14 other neighboring towns as its immediate target market, SM City Naga this week formally announced the start of construction of its first mall in Bicol before members of the Sangguniang Panlalawigan here.

The proposed shopping mall will sit on a 4.6-hectare sprawl within the Central Business District 2 of this city, across the integrated bus terminal and near the soon-to-be-completed 8,000-seater Naga City Coliseum.

Annie Garcia, President of the Shopping Center Management Corporation of SM Prime Holdings, Inc. told the Sanggunian members here that ground preparation would start next month preparatory to actual construction.

She said they expected the mall to be completed in… [Read More]

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By By Juan Escandor Jr., 1 Oct 2007
Source: Inquirer

The building of an SM branch in this city has been delayed after the country’s largest mall chain decided to redesigned the establishments from a “hypermarket? to a “full mall?.

Glen Ang, assistant vice president for SM South Region, told the local Sangguniang Panlunsod that the change of design conforms with their expectation that city stands as the center of trade in the province.

Ang explained that the original hypermarket designed for Naga City branch would have carried 10-20 percent nonfood items with the balance being food items.

But he said that, upon review, it was decided that the hypermart be redesigned into a “full mall? where the establishment is divided

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