Wednesday, February 8, 2006

SM Mall of Asia to be the 3rd largest mall in the world

SM Mall of Asia Largest

SM Mall of Asia is a shopping mall to be completed in February 25, 2006 and would be the Philippines' largest mall in terms of gross floor size. It is owned and operated by SM Prime Holdings, under the management of Henry Sy, a former Chinese immigrant to the Philippines.

Mall of Asia is being constructed within the reclaimed lands west of Roxas Boulevard in Pasay City. It is built on 19.5 hectares of reclaimed land and has a gross floor area of 381,075 square meters. The mall is located at the southmost tip of EDSA (Epifanio de los Santos Avenue). A rotunda was constructed in the front of the mall with a huge bronze globe similar to Universal Studios. An Esplanade or walkway was constructed at the back of the mall where it served as the observation center for the world's first World Pyro Olympics in December 2005. The mall will have a state-of-the-art theater, an Olympic sized skating rink and possibly a science museum. The mall will also provide office space. Dell International Services, a subsidiary of Dell, Inc. will be occupying a 13,470.5-square meter are at the north parking building of the mall. It is now becoming to be the 3rd largest mall in the world, behind the West Edmonton Mall in Edmonton, Alberta, Canada and a retail center in Beijing, China.

The mall would have opened before Christmas Day of 2005 but had been delayed because of hitches in the delivery in construction materials. Frequent rains in the last quarter of 2005 also delayed the turnover of mall space to tenants.



http://en.wikipedia.org/wiki/SM_Mall_of_Asia