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SM Prime opens SM City Fairview Annex on Thursday

2009/01/16

16

2009/01

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SM Prime Holdings Inc. (SM Prime) has scheduled the launching of SM City Fairview Annex in Novaliches, Quezon City on Thursday (Jan. 15).

SM Prime, in a disclosure to the Philippine Stock Exchange (PSE) Wednesday, said that the annex will add 28,600 square meters of gross floor area to the main mall, increasing SM Fairview’s total gross floor area to 182,783 square meters.

SM City Fairview Annex is located within the Quirino Highway and Regalado Avenue area in Novaliches, the northernmost section of Quezon City. It is accessible to the residents of numerous subdivisions in the northern portion of Caloocan City as well as San Jose del Monte City in Bulacan.

With the expansion of both SM City Fairview and SM North EDSA, which also happens to be our very first mall, Quezon City remains to be one of SM Prime’s most important local partners, and continues to be a domain for further growth,” SM Prime president Hans Sy said.

It is estimated that the opening of SM City Fairview Annex will provide employment to close to 1,500 people, including direct and indirect employees.

The SM City Fairview Annex has 19,100 square meters of gross leasable area and will have as its mall tenants Ace Hardware, Timezone, Grills, Chilly Willy’s, Sbarro, Breadtalk, Ford Motors, Center for Pop Music, All Flip Flops, and People R People, among others.

Last year, SM Prime launched SM City Marikina, SM Megamall Bridgeway, SM City Rosales in Pangasinan, The Annex at SM City North Edsa, and SM City Baliwag in Bulacan.


 

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