SM Lanang Premier, also known locally as SM Lanang, is an indoor four-story

shopping mall A shopping mall (or simply mall) is a North American term for a large indoor shopping center, usually anchored by department stores. The term "mall" originally meant a pedestrian promenade with shops along it (that is, the term was used to refe ...

in Lanang,

Davao City, Philippines Davao City, officially the City of Davao ( ceb, Dakbayan sa Dabaw; ), is a first class Cities of the Philippines#Legal classification, highly urbanized city in the Davao Region, Philippines. The city has a total land area of , making it the Li ...

along Jose P. Laurel Avenue and within S.P Dakudao loop. It is the first

SM Supermall SM Supermalls, also simply known as SM, owned by SM Prime, is a chain of shopping malls in the Philippines that as of November 18, 2022 has #Exiting malls, 82 malls located across the country and #Future malls, 20 more scheduled to be opened for ...

to be called "Premier". The mall is owned by

Henry Sy, Sr. Henry Tan Chi Sieng Sy Sr. (; ; October 15, 1924 – January 19, 2019) was a Filipino businessman and investor. Born in Fujian, he moved with his family to the Philippines at age 12. While his family returned to China, he stayed behind and f ...

and managed by SM Prime Holdings. Construction of the mall started in 2011 and opened to the public on September 28, 2012, on the site of the former Lanang Golf and Country Club. The mall has a gross floor area of making it one of the largest shopping malls in

Mindanao Mindanao ( ) ( Jawi: مينداناو) is the second-largest island in the Philippines, after Luzon, and seventh-most populous island in the world. Located in the southern region of the archipelago, the island is part of an island group of ...

. The mall has 273 stores along with several restaurants. The mall has the SM Store and SM Supermarket as

anchor stores In retail, an "anchor tenant", sometimes called an "anchor store", "draw tenant", or "key tenant", is a considerably larger tenant in a shopping mall, often a department store or retail chain. They are typically located at the ends of malls. W ...

. It features six

cinemas A movie theater (American English), cinema (British English), or cinema hall (Indian English), also known as a movie house, picture house, the movies, the pictures, picture theater, the silver screen, the big screen, or simply theater is a ...

, an

IMAX IMAX is a proprietary system of high-resolution cameras, film formats, film projectors, and theaters known for having very large screens with a tall aspect ratio (approximately either 1.43:1 or 1.90:1) and steep stadium seating. Graeme F ...

Theater,

SMX Convention Center The SMX Convention Center Manila is a convention center located in Pasay, Philippines. It is the largest private venue in the Philippines for trade events, industry conventions, corporate functions, and international exhibitions. The building ...

, SM Science Discovery Center (Now closed since 2015), a bowling center, and an

Al fresco dining Outdoor dining, also known as al fresco dining or dining alfresco, is eating outside. In temperate climates, al fresco dining is especially popular in the summer months when temperatures and weather are most favorable. It is a style of dining th ...

situated along the fountain court, located at the back of the mall. SM Lanang Premier is the 4th largest taxpayer in

Davao City Davao City, officially the City of Davao ( ceb, Dakbayan sa Dabaw; ), is a first class highly urbanized city in the Davao Region, Philippines. The city has a total land area of , making it the largest city in the Philippines in terms of lan ...

along with

SM City Davao SM City Davao, also known locally as "SM Ecoland", is an indoor shopping mall in Quimpo Boulevard, Matina, Davao City, Philippines. SM Prime Holdings developed and manages the mall. It is the first SM Mall in the Mindanao region, opening to the ...

History

Planning and construction

SM Prime Holdings developed SM Lanang Premier, a Philippine-based shopping center management firm. In 2008, SM Prime Holdings bought 10 hectares out of the 40-hectare property of Lanang Golf and Country Club from Dakudao and Sons for the mall. SM Prime Holdings saw potential in the upscale northern sections of the city. The mall was to be an

SM City SM Supermalls, also simply known as SM, owned by SM Prime, is a chain of shopping malls in the Philippines that as of November 18, 2022 has #Exiting malls, 82 malls located across the country and #Future malls, 20 more scheduled to be opened for ...

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. The management planned that the mall would be bigger than

, the first SM Mall in Mindanao. This original plan would have generated over 1,000 jobs. Moreover, local people unofficially named the mall as SM North Davao. Officers of SM Prime Holdings requested anonymity because they could not discuss project details. The administration planned to start the mall project in January 2010. However, the management moved the start to 2011, together with SM City General Santos. 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 the Architect of Record; NGCB was the General Contractor; D.A. Abcede and Associates was the Project Manager; Edge its Cinema Designer; Abesamis-Guerrero was the SMX Convention Center Designer, and HBO+EMTB was the Cyberzone designer.

Opening

Eight days before it opened, SM Lanang Premier had 160 out of 273 stores occupied. The mall opened to the public on September 28, 2012. Its operating hours are from 10:00 am until 9:00 pm A sellout crowd filled the mall during its opening, causing motorists and commuters trouble as they got stuck in heavy traffic along Jose P. Laurel Avenue. At the time it opened, the mall's occupancy rate was 91%.

Location

SM Lanang Premier is SM Prime Holdings' fourth mall in

after

SM City CDO Uptown SM City CDO Uptown, formerly known as SM City Cagayan de Oro, is a shopping mall owned and operated by SM Prime Holdings, the largest mall operator in the Philippines. It is the first SM Supermall in Northern Mindanao Northern Mindanao ( ...

and

SM City General Santos SM City General Santos is a large shopping mall in General Santos, South Cotabato. It is the 45th shopping mall by SM Prime Holdings, the Philippines' largest shopping mall and retail operator. Making it the largest mall in Soccsksargen Soccs ...

. It is on the site of the previous Lanang Golf and Country Club in Lanang, Davao City. It is away from

Francisco Bangoy International Airport Francisco Bangoy International Airport ( ceb, Tugpahanang Pangkalibutanon sa Francisco Bangoy; fil, Paliparang Pandaigdig ng Francisco Bangoy; ), also commonly known as Davao International Airport, is the main airport serving Davao City and th ...

and away from

Port of Davao The Port of Davao, or Davao Port ( ceb, Pantalan sa Dabaw, fil, Daungan ng Dabaw), is a seaport located in Davao, Philippines. The Port of Davao consists of a number of ports, all within the Davao Gulf which is part of the Celebes Sea, but its ma ...

. Additionally, S.P Dakudao loop bordered the mall and Jose P. Laurel Avenue to its north. The mall is near

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and R. Castillo Street, which vehicles use as an access and exit point. The mall is also near to Davao Museum.

Features

Design

Origami ) is the Japanese paper art, art of paper folding. In modern usage, the word "origami" is often used as an inclusive term for all folding practices, regardless of their culture of origin. The goal is to transform a flat square sheet of pape ...

, the traditional Japanese art of paper folding, became the inspiration for the mall's exterior design. Thus, the mall's north, south, and west facades employed the use of various asymmetric lines.

Operations

In March 2013, SM Lanang Premier hosted the M.I.C.E convention along with the annual Philippine Advertising Congress, accommodating 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.

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 Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and ...

within the mall last October 2013 with a gross floor area of 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 Butuan (pronounced ), officially the City of Butuan ( ceb, Dakbayan sa Butuan; Butuanon: ''Dakbayan hong Butuan''; fil, Lungsod ng Butuan), is a 1st class highly urbanized city in the region of Caraga, Philippines. It is the ''de facto'' ca ...

and a second mall in

Cagayan de Oro Cagayan ( ), officially the Province of Cagayan ( ilo, Probinsia ti Cagayan; ibg, Provinsiya na Cagayan; itv, Provinsiya ya Cagayan; fil, Lalawigan ng Cagayan), is a province in the Philippines located in the Cagayan Valley region, covering ...

City.

MegaWorld Corporation Megaworld Corporation () is a real-estate company in the Philippines. It is listed on the Philippine Stock Exchange Composite Index. The company develops large-scale, mixed-use, planned communities incorporating residential, commercial, educat ...

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.

Notes

References

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