SM City Tianjin explained

SM City Tianjin
Location:Tianjin Airport Economic Area, Binhai, Tianjin, China
Coordinates:39.1571°N 117.4122°W
Developer:SM Prime Holdings

SM City Tianjin (Chinese: s=SM天津滨海城市广场|p=SM Tiānjīn Bīnhǎi Chéngshì Guǎngcháng|l=SM Tianjin Binhai City Plaza) is a shopping mall in Tianjin, China under the Philippine mall chain SM Supermalls.

History

Philippine retail conglomerate SM Group founded by Henry Sy planned to expand its shopping mall business in China. SM's first mall in China, SM City Xiamen opened in Fujian in 2001.[1] Its strategy at that time is to open malls in "second-tier" cities such as Suzhou, Chongqing, Zibo, and Tianjin rather than Beijing and Shanghai where it deems to already have a very competitive shopping mall sector and have high property prices. The groundbreaking ceremony for SM City Tianjin was held on November 26, 2010.[2]

SM City Tianjin opened at the Tianjin Airport Economic Area in December 17, 2016.[3] It is the seventh mall of the Philippine mall chain SM Supermalls in China. The mall complex was designed by architecture firm ARQ.[4] With a gross floor area of 565000sqm, the mall was the largest SM Supermall at the time of its opening.[5]

Notes and References

  1. News: Gonzalez . Mia . SM malls adapt to China's aspirational lifestyle . 7 January 2023 . Rappler . 21 April 2015 . en.
  2. News: Zhang . Qi . Bao . Chang . SM plan: Be 'shark in pond' with malls in smaller cities . 7 January 2023 . China Daily . 27 November 2010.
  3. Web site: SM天津滨海城市广场12月17日正式投入运营 . Winshang . 7 January 2023 . zh.
  4. News: Gonzales . Iris . SM opens 7th mall in China . 7 January 2023 . The Philippine Star . 20 December 2016.
  5. News: Dumlao-Abadilla. Doris. SM Prime opens biggest mall yet—in China . 7 January 2023 . Philippine Daily Inquirer . 20 December 2016 . en.