SM Seaside City explained

SM Seaside City
Location:Seaside City, South Road Properties, Brgy. Mambaling, Cebu City, Philippines
Developer:SM Prime Holdings
Manager:SM Prime Holdings
Architect:WV Coscolluela & Associates
Arquitectonica
Wow Architects
Number Of Stores:700+
Number Of Anchors:12
Floor Area:470486m2
Parking:4,336
Floors:5

SM Seaside City (also known locally as SM Seaside or SM Seaside Cebu and formerly but still officially known on exterior signage as SM Seaside City Cebu), is a large shopping mall owned and developed by SM Prime Holdings in South Road Properties, Cebu City, Philippines. The mall opened on November 27, 2015, exactly 22 years after SM City Cebu, another mall also owned by SM Prime in Cebu City, opened in 1993.

, it is the largest mall in Cebu, the fourth largest shopping mall in the Philippines and the sixteenth in the world, with a gross floor area (GFA) of approximately 470,486 square meters.[1] SM Seaside is SM Prime Holdings' third mall in Metro Cebu and its 56th mall in the Philippines. The mall is designed by Arquitectonica, the same company which designed other SM Supermalls, such as SM North EDSA, SM Mall of Asia, and SM Megamall.

History

On April 12, 2011, SM Prime Holdings held a ground-breaking ceremony at the mall's location.[2]

SM Prime Holdings President Hans Sy said that the company has made adjustments to its destination mall project at SRP, in terms of budget allocation to ₱8.5 billion, from the original budget of ₱6 billion. The whole SM Seaside Complex costs ₱30 billion.[3] It is SM's largest and most expensive mall ever built in a single construction phase. (Until SM City Tianjin in China was completed)

On November 27, 2015, SM Seaside City opened and many shoppers flocked the mall, causing major traffic in the South Road Properties area. And during that night, a fireworks display was held to celebrate the opening of the large mall.[4]

Features

SM Seaside City is a circular-shaped retail mall with multiple anchors, including a two-story SM Store (formerly The SM Store), SM Supermarket, a Centerstage theater, a Super Screen Cinema (formerly Large Screen format cinema), two Director's Club cinemas, and 4 regular cinemas, an 18-lane SM Bowling and Amusement Center, and an Olympic-size ice skating rink near the food court.[5]

Super Screen Cinema

The Super Screen Cinema features a screen almost 30% larger than the regular cinema screen size using a Christie 6P laser projection system and a SM Large Screen Cinema using Dolby Atmos Sound System. The cinema contains 351 seats.[6] The technology in this cinema is similar to Dolby Cinema, which also uses Christie projectors.

SMX Convention Center

The proposed SMX Convention Center Cebu will stand on the property of South Coast City, an adjacent mixed-use development co-owned by SM Prime with Ayala Land.[7] [8]

Seaside Tower

This 147-meter tall tower is located on the center of the mall.[9] There are plans for restaurants, coffee shops and a viewing deck at the top of the tower which will provide people with a 360-degree view of Cebu City and the mall. The tower is still currently unoccupied. The tower is supported by columns of 150cm x 150cm dimensions of 21 MPA concrete ultimate compression strength from the foundation up to the third level.[10]

Other projects

SM Seaside Arena

See main article: SM Seaside Arena.

The SM Seaside City Arena is a proposed 16,000-seating capacity indoor arena intended to be built across the shopping mall complex. It is planned to house international concerts and events, and, upon completion, will be the biggest indoor arena in Cebu.[11]

It is planned to become a venue for the Cebu Schools Athletic Foundation, Inc. (CESAFI) and the Philippine Basketball Association (PBA) and was one of the planned venues for the 2019 FIBA Basketball World Cup, had the Philippines won its bid to host the tournament.[12]

In January 2017, SM Prime Holdings reportedly canceled its plans to build the arena.[13] [14] However, plans for the arena resumed in late 2019, with the arena, instead of being within the SM Seaside complex, now placed in the South Coast City.

See also

Notes and References

  1. News: To open on September 2015 SM Seaside Complex construction on track . . SM Prime . January 30, 2016 . March 28, 2019 .
  2. Web site: SM Seaside City set to change Cebu landscape . https://web.archive.org/web/20131231010105/https://ph.news.yahoo.com/sm-seaside-city-set-change-cebu-landscape-20110418-005810-827.html . . . April 18, 2011 . December 31, 2013 . May 22, 2015 .
  3. Web site: SM hikes investment in new mall . . . June 6, 2015 . December 5, 2015 .
  4. News: Biggest mall in Vis-Min, SM Seaside City Cebu, opens November 27 . Interaksyon . dead . https://web.archive.org/web/20161104070444/http://www.interaksyon.com/lifestyle/biggest-mall-in-vis-min-sm-seaside-city-cebu-opens-november-27 . November 4, 2016 .
  5. News: To open on September 2015 SM Seaside Complex construction on track . . The Freeman . January 16, 2014 . May 22, 2015 .
  6. Web site: SM Cinema brings world-class entertainment closer to provincial areas . SM Investments.
  7. News: Lorenciana . Carlo . December 9, 2019 . 26-hectare ALI-SM project at SRP to start construction in Q1 2020 . . November 21, 2020.
  8. News: Sino Cruz . Irene R. . November 12, 2019 . SM-Ayala consortium bares details of multi-billion SRP development . . November 21, 2020.
  9. Web site: SM Seaside City Cebu: SM Unveils New Regional Landmark In Cebu City . April 20, 2020 . SM Investment Corporation . November 26, 2015.
  10. Web site: 10 Things SM Seaside City Cebu Has to Offer . December 9, 2015 . February 1, 2016.
  11. News: Badua . Snow . Slightly smaller version of MOA Arena set to rise in Cebu, says official . Spin.ph . October 22, 2013 . May 16, 2015 .
  12. News: Miravite . Myke . Solaire, SM Group propose to build stadiums to boost PH's FIBA World Cup hosting bid . March 25, 2015 . Rivals.ph . January 2, 2015 .
  13. News: Nalzaro. Bobby. Nalzaro: SM to cancel multi-billion projects. January 23, 2017. Sun.Star Cebu. Sun.Star Cebu. January 23, 2017.
  14. News: Limpag. Mike T.. Limpag: Fans dream of arena foiled by politics. February 6, 2019. Sun.Star. Sun.Star. January 25, 2017.