The development will be the company’s fifth and largest mall in the province, underscoring its push into high-growth regional markets.
Expansion push
“SM Nuvali marks the first of five flagship malls we plan to open annually from 2026 to 2030,” Jeffrey C. Lim, president of SM Prime, said in a statement.
“This reflects our confidence in high-growth regional markets and our commitment to building integrated destinations that support long-term value creation,” he added.
The project will be SM Prime’s 91st mall and forms part of its broader strategy to deploy capital in areas benefiting from rising incomes, improved connectivity, and expanding urban centers.
Green features
SM Nuvali is designed as a sustainability-focused development, integrating solar panels, water recycling systems, and energy-efficient lighting across more than 82,000 square meters of gross leasable area.
The mall will also include 24 electric vehicle charging stations, a Trash-to-Cash recycling program, and an e-waste collection facility.
Lifestyle hub
Beyond retail, the project will feature large open spaces aligned with the Nuvali estate’s eco-community concept, including open-air promenades, green zones, and lifestyle areas.
A one-hectare indoor garden will serve as a centerpiece, offering playgrounds, a paw park, and nature-inspired attractions such as sky pods, alongside premium dining and global retail brands.
“We believe SM Nuvali can bring meaningful value to the Nuvali estate,” Lim said. “Its experiential attractions and tenant mix will help generate economic activity, create jobs and attract more investment into the region.”
Integrated estate
The mall will be linked via a bridgeway to Park Inn by Radisson and the SMX Trade Hall, both currently under development by SM Hotels and Conventions Corp.
An office component, NV Towers under SM Offices, is also being built, reinforcing the site’s position as an integrated lifestyle and business destination.
Big picture
SM Nuvali highlights SM Prime’s strategy of combining retail, hospitality, and office spaces within master-planned communities, as it scales up investments beyond Metro Manila to capture long-term regional growth. —Ed: Corrie S. Narisma
