Samiksha Jaiswal (Editor)

SM Lanang Premier

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Opening date
  
September 28, 2012

Management
  
SM Prime Holdings

No. of stores and services
  
273

Phone
  
+63 82 285 0943

Developer
  
SM Prime Holdings

Architect
  
Point Design Inc.

Opened
  
28 September 2012

Owner
  
Henry Sy

SM Lanang Premier

Location
  
Davao City, Philippines

Address
  
J.P. Laurel Ave, Lanang, Davao City, 8000 Davao del Sur, Philippines

Hours
  
Closed now Sunday10AM–9PMMonday10AM–9PMTuesday10AM–9PMWednesday10AM–9PMThursday10AM–9PMFriday10AM–9PMSaturday10AM–9PMSuggest an edit

Similar
  
SM City Davao, Abreeza, Gaisano Mall of Davao, SM City, SM City Fairview

Inside look in sm lanang premier davao city philippines


SM Lanang Premier (generally referred to a just "SM Lanang" by residents) is an indoor four-story shopping mall in Lanang, Davao City, Philippines along Jose P. Laurel Avenue and within S.P Dakudao loop. The mall is owned by Henry Sy, Sr. and managed by SM Prime Holdings. Construction of the mall started in 2011. SM Lanang Premier opened to the public on September 28, 2012 on the site of the former Lanang Golf and Country Club.

Contents

The mall has a gross floor area of 144,002 m2 (1,550,020 sq ft) making it the largest shopping mall in Mindanao. The mall has 273 stores along with several restaurants. The mall has SM Store and SM Supermarket as anchor stores. It featured 6 cinemas, an IMAX Theater, SMX Convention Center, SM Science Discovery Center, a bowling center, an Al fresco dining situated along the fountain court, located at the back of the mall. SM Lanang Premier is the 4th largest taxpayer in Davao City along with SM City Davao.

Off to radisson hotel sm lanang premier complex


Planning and construction

SM Prime Holdings developed SM Lanang Premier, a Philippine-based shopping center management firm. SM Prime Holdings bought 10 hectares out of the 40 hectare property of Lanang Golf and Country Club from Dakudao and sons on 2008 for the mall. SM Prime Holdings saw potential in the northern sections of the city where upscale subdivisions are located. The mall was to be an SM City mall, a shopping mall with SM Store, SM Supermarket or SM Hypermarket and SM Cinemas together with retail shops< and it was scheduled to open in 2011. It was planned that the mall would be bigger than SM City Davao, the first SM Mall in Mindanao. This original plan would have generated over 1,000 jobs. The mall was unofficially dubbed SM North Davao. Officers of SM Prime Holdings requested anonymity because they could not discuss project details. The mall project was planned to start in January 2010. The start was moved to 2011, together with SM City General Santos, was scheduled to open in late 2012.

Tenant partners, retailers, food chains, service centers and merchants attended the tenant's preview of SM Lanang Premier on March 22, 2012. SM Prime Holdings announced the mall's name as SM Lanang Premier. Point Design, Inc. designed the mall. G&W Architects was Architect of Record; NGCB was General Contractor; D.A. Abcede and Associates was Project Manager; Edge its Cinema Designer; Abesamis-Guerrero was SMX Convention Center Designer, and HBO+EMTB was Cyberzone designer.

Opening

8 days before it opened, SM Lanang Premier has 160 out of 273 stores occupied. The mall opened to the public on September 28, 2012. It has an operating hours from 10:00 am until 9:00 pm A sellout crowd filled the mall. Motorists and commuters got stuck in heavy traffic along Jose P. Laurel Avenue. At the time it opened, the mall's occupancy rate is 91%. Last March 2013, SM Lanang Premier hosted the M.I.C.E convention along with the annual Philippine Advertising Congress. It accommodated 5,000 people. As of August 2013, the mall's daily foot traffic has seen 20,000 people on weekdays and 40,000 on weekends.

Location

SM Lanang Premier is SM Prime Holdings' fourth mall in Mindanao after SM City Davao, SM City Cagayan de Oro and SM City General Santos. It is located on the site of the previous Lanang Golf and Country Club in Lanang, Davao City. It is 2.5 kilometers away from Francisco Bangoy International Airport and 4 kilometers away from Port of Davao. The mall is bordered by S.P Dakudao loop and Jose P. Laurel Avenue on its north. The mall is located near AH26 and R. Castillo Street which is being used as an access and exit point for vehicles. The mall is also near to Davao Museum.

Design

The mall's exterior design is inspired by origami, the traditional Japanese art of paper folding. The abstract and asymmetric lines of the origami are introduced in the mall's the north, south and west facades.

Economic impact

SM Lanang Premier serves as a major tourist attraction in Davao city and is the 4th largest taxpayer in the area, together with SM City Davao. As of 2013, it has an income tax return of ₱8 million. The mall employed 10,000 people in 2012. IBEX Global Solutions opened a Business process outsourcing within the mall last October 2013 with a gross floor area of 3,500 m2 (38,000 sq ft) which employed additional 700 people. As a result of SM Lanang Premier's very strong profit and Mindanao's growing economy, SM Prime Holdings will open 2 more malls in Mindanao area, one in Butuan City and a second mall in Cagayan de Oro City. MegaWorld Corporation is planning to open a residential building within the mall's vicinity, with an investment amounting to ₱15 billion. SM Lanang Premier together with SM City Davao accounts for 80% of total profit of SM Prime Holdings in Mindanao.

References

SM Lanang Premier Wikipedia