From iconic destinations to evolved spaces, SM Supermalls is shaping
malls that blend scale, innovation, and community for every Filipino.
SM Supermalls marks 40 years of retail leadership with a bold roadmap:
to deliver one flagship mall every year from 2026 to 2030, transforming malls
into future-ready spaces that anchor regional growth. Alongside these landmark
projects, SM is investing over PHP150 billion in 16 major redevelopments and 12
new lifestyle malls, ensuring its entire portfolio evolves into greener,
smarter, and more people-centered destinations by 2030.
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SM Sta. Rosa (Yulo) in
Nuvali coming 2026
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The opening of SM North EDSA in 1985 forever changed how Filipinos
shopped, dined, and connected. From that single vision grew a nationwide
network of 88 malls, welcoming millions of visitors weekly and housing
thousands of local and global brands. Today, SM celebrates this legacy as both
a retail hub and a trusted partner, community builder, and symbol of continuity
for generations.
A Legacy Anchored on Trust
“At SM, we’ve always believed that success is shared,” said
Steven T. Tan, President of SM Supermalls. “From the very beginning, SM was built on
trust and relationships. We only win when our partners win.”
This philosophy has guided SM through decades of growth and
transformation, from opening the country’s first supermalls to building
nationwide retail destinations. Every milestone has been anchored on
collaboration with tenants, partners, and communities. That same spirit of
shared success continues to shape SM’s New Era vision, ensuring that the malls
of tomorrow remain trusted spaces where people come together.
Flagship Destinations that
Redefine Retail
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SM Zamboanga |
Over the next five years, SM will deliver landmark flagship malls that
serve as ecosystems combining shopping, dining, culture, and community in
destinations that anchor regional economies. Planned projects include SM Sta.
Rosa (Yulo) in Nuvali (2026), SM Harrison Plaza in Manila (2027), Bulacan
(2028), Cavite (2029), and Pasay (2030). These projects reflect SM’s ability to
raise the benchmark for Philippine retail while remaining deeply rooted in
local communities.
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SM Harrison Plaza in Manila |
Beyond flagships, SM is modernizing existing malls with open-air
promenades, lifestyle zones, and sustainable features. These redevelopments
will make every SM mall more vibrant, green, and people-centered.
All For You
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SM La Union |
This vision reflects more than just physical expansion. It highlights
SM’s long-standing ability to adapt, modernize, and introduce new experiences
that matter to Filipino families. SM is evolving its retail ecosystem to be
tenant-led, offering dynamic formats, personalized leasing, and collaborative
platforms. Sustainability is a cornerstone, with smarter designs, renewable
energy, and eco-conscious developments.
“This New Era is not about adding more malls,” Tan said. “It
is about creating destinations that matter, modernizing the malls people
already love, and ensuring every Filipino has access to world-class malling.
Our promise is simple. Everything we do is all for you.”
He added, “Our vision is clear. We are building the next generation of malls for
the next generation of Filipinos.”
With its reach, partnerships, and track record, SM is positioned to
lead the next phase of retail and community development in the Philippines.
40 Years of Partnership
The anniversary is being marked nationwide with over 4,000 exclusive
partner-powered deals across all 88 malls, SM’s biggest shopping celebration
yet. The milestone underscores SM’s unique position, a company that has grown
hand in hand with its tenants while remaining the most loved retail channel,
deeply woven into the daily lives of Filipino families.
“For four decades, you’ve been with us every step of the way and for
that, maraming salamat,” Tan said. “As we look ahead, we will keep evolving
with you and for you. Because at SM, our success has always been shared.”
About SM Supermalls
Celebrating 40 Super Years: A
New Era of SM Supermalls, Evolving With You
SM Supermalls, one of Southeast
Asia’s largest mall developers with 88 malls in the Philippines, marks four
decades of growing with Filipinos and serving as a trusted space where diverse
lifestyles and generations connect. As it enters a new era, SM Supermalls
continues evolving with you, redefining the malling experience through
sustainability, innovation, and a deep commitment to shaping the future of
retail and urban life with inclusive, meaningful experiences for all. (SM Supermalls)