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SM Prime sets Q1 2026 target for P2.3-B SM City Iloilo revamp
Business World Philippines
|November 19, 2025
SY-LED property developer SM Prime Holdings, Inc. said it targets to complete the P2.3-billion redevelopment of SM City Iloilo by the first quarter of 2026.
The redevelopment will add 7,900 square meters (sq.m.) of gross leasable area (GLA) to the mall, which will house expanded retail and dining options, the company said in a statement on Tuesday.
The expansion will feature upgraded mall interiors, new zones for athleisure and entertainment, and concepts such as Game Park, Fantasy World, Decathlon, TGI Friday’s, and Chili’s.
Infrastructure enhancements include motion sensor escalators, an expanded skylight, a multilevel car park, and improved access to the SM Strata office building.
This story is from the November 19, 2025 edition of Business World Philippines.
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