19/11/2025
๐๐๐๐: SM City Iloilo โNorth Blockโ Expansion with National University Tower to be Completed 1st Quarter of 2026
SM Prime is on track to complete the P2.3 billion redevelopment of SM City Iloilo by the first quarter of 2026, in line with its broader push to transform its commercial properties into future-ready spaces that anchor regional growth.
The investment includes the addition of over 7,900 square meters of gross leasable area (GLA) for the mall, over 23,670 square meters for the National University (NU), upgraded mall interiors, motion sensor escalators, an expanded skylight, a multi-level car park at the North Block and improved connectivity to the adjacent SM Strata, the tallest towers in Western Visayas and home to many IT-BPO companies.
โSM City Iloilo has been central to our growth and to the Ilonggo community,โ said SM Prime president Jeffrey C. Lim. โThis investment will help drive domestic tourism, strengthen MSMEs, and unlock the cityโs full potential.โ
Opened in 1999 at the height of the Asian Financial Crisis, SM City Iloilo was the eighth SM Supermall built by SM Prime. A series of expansions between 2009 and 2016 grew its GLA from 71,979 square meters to 106,307 square meters.
Guided by โAll For Youโ strategy, new zones for athleisure, entertainment and amusement are being introduced to support the mallโs evolving tenant mix and growing customer base, while enhancing the overall visitor experience and attracting increased foot traffic.
The introduction of new and exciting conceptsโmany of which are firsts in Iloiloโsuch as Game Park, Fantasy World, Decathlon, TGI Fridayโs and Chiliโs, is set to further strengthen SM City Iloiloโs position as the regionโs leading retail and lifestyle destination.
โSustainability is also a key part of this redevelopment,โ said Lim. โWe are integrating eco-efficient features, including rooftop solar panels and advanced daylighting systems, as part of our broader commitment to building a greener, more energy-efficient property portfolio.โ
The presence of NU by 2027โlocated within the complexโis also expected to boost foot traffic and reinforce the mallโs multi-generational appeal.
Once completed, SM City Iloilo will feature expanded retail and dining offerings, welcoming new brands and lifestyle destinations that will further cement its position as the premier lifestyle mall in Western Visayas.