The mall, hours before its opening
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Location | Cagayan de Oro |
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Address | Claro M. Recto Ave., corner Osmeña St., Cagayan de Oro, Misamis Oriental, Philippines |
Opening date | May 12, 2017 |
Developer | SM Prime Holdings |
Management | SM Prime Holdings |
Owner | Henry Sy, Sr. |
Architect | DSGN Associates |
No. of stores and services | 200+ |
No. of anchor tenants | 16 |
Total retail floor area |
177,743 m2 |
No. of floors |
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Parking | 1,500 slots |
Website | SM CDO Downtown Premier |
177,743 m2
Coordinates: 8°29′3.78″N 124°39′15.56″E / 8.4843833°N 124.6543222°E
SM CDO Downtown Premier is a shopping mall located in the bustling central business district along Claro M. Recto Ave. corner Osmeña St., Cagayan de Oro City. It is owned and operated by SM Prime Holdings, the largest mall operator in the Philippines, and opened on May 12, 2017. The mall is the 2nd SM Supermall in Northern Mindanao and 61st mall Philippines by the SM Group. It has a leasable area of 81,133 sqm and a gross floor area of 177,743 m2, making it the largest mall in Mindanao.
SM Prime Holdings President Hans Sy had previously disclosed that the site of the old Coca-Cola Plant along C.M. Recto Avenue cor. Pres. Osmeña Sts. will be developed into another SM mall. The mall would be called SM CDO Downtown Premier and be the second SM Mall in Cagayan de Oro City.
Construction of the mall started in March 2015. On March 15, 2017, tenant partners, retailers, food chains, service centers and merchants attended the tenant's preview of SM CDO Downtown Premier. On the same day, it was announced that the mall had an 85% occupancy rate.
On May 11, the mall held a blessing, mass and ribbon cutting, headed by City Mayor Oscar Moreno and some City officials; Hans T. Sy, Felicidad Sy and Jeffrey Lim, SM Executives; and Archbishop Antonio Ledesma, SJ. Shops were opened on that day for the invited guests. On May 12, SM CDO Downtown Premier opened its doors to the public opening only four levels of the mall with an 87% occupancy rate.
On the mall's opening day, SM Cinema only opened the Christie powered Mega Screen cinema, and 2 regular cinemas. On May 30, it finally opened the two Director's Club Cinemas and the two other regular cinemas, opening all of its 7 cinemas to moviegoers.