THE SM mall in Lanang where the Lanang Golf and Country Club used to be will generate at least 1,000 job openings when fully operational in two to three years.
Lawyer Pearly Joan L. Jayagan, SM City Davao Human Resources Department head, said the mall itself will hire at least 100 employees, while the rest will be employed by its affiliates and other locators in the mall.
The SM group bought the 10-hectare lot from the landed Dakudao family. A member of the Dakudao clan who confirmed the sale of the lot to the SM Prime Holdings did not reveal the amount involved.
Demolition of the golf club house and other structures has been completed and horizontal development is visible to motorists and commuters passing by the area.
“We are now preparing for the opening of the SM Lanang,” Jayagan said.
Jayagan and Debbie A. Go, SM regional manager for Mindanao, however declined to give details about the project.
“The plan is currently being finalized. We still do not know for sure (when the mall will be set up and opened),” Ms Go said.
Go, however, confirmed that the mall will soon be set up in the area as she believes “there is a big potential” in the areas that the mall will cover.
Competitors of SM are also locating their projects in that part of the city.
The New City Commercial Corp. has also bought a four-hectare lot in Panacan, just about two kilometers from where the planned SM mall is located, a source privy to the sell of the property said.
However, no one among the officials of the Lim-owned company confirmed the report, although the source said the company was tight-lipped about the plan because of the competition among investors in setting up their projects.
The company operates a mall in the southern part of the city which is also just about 500 meters from where the first SM mall, the SM City Davao, is located. It also has smaller convenience stores and a department store located at the city’s Chinatown.
These two projects are just among the many projects being built in the northern part of the city.
The Robinsons Cybergate, which the company claims to be its “first mixed-use center in Davao City,” located along J.P. Laurel Avenue, will be launched on May 8 officially. Some of its locators like dining places and a spa have already started operating.
Also, the joint venture between the Ayala Land Inc. and the Anflo Management and Investment Co., the 10-hectare mixed-use Abreeza, has continued construction with the plan to open the mall within the year or early next year.