The mall was opened on November 29, 1985, the first mall ever built by SM with a gross floor area of 125,000 square meters. “We had a tough time getting tenants to fill up the place.
It was a risky period in our country’s history. So, we opened with only the SM Department Store and another small shop as themall’s tenants,” said Mrs. Teresita Sy-Coson, Vice Chairperson of SM Investments Corporation.
But to everyone’s surprise and those of many skeptics, crowds came and filled the mall.