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SM to Redevelop Harrison Plaza into New Flagship Mall


Harrison Plaza, a well known retail landmark in Metro Manila, is ready to be redeveloped by SM Supermalls into a brand new mixed-use flagship mall. The mission, to be named SM Harrison Plaza, is anticipated to open in 2027 and is a component of a bigger P150-billion capital expenditure plan by SM over the subsequent 5 years.

SM Supermalls’ president introduced the corporate’s technique to roll out one flagship mall annually from 2026 to 2030, with the Harrison Plaza website in Malate, Manila, being a key mission on this timeline. The corporate’s funding will likely be cut up between developing new malls and upgrading current properties to characteristic “open-air promenades, life-style zones and sustainable options.”
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Whereas a full grasp plan has not but been publicly launched, the mission is described as a mixed-use complicated that can mix retail and life-style components. It’s meant to be a greener and extra people-centric improvement, per the corporate’s new flagship idea, which can even be seen in a brand new mall in Sta. Rosa (Nuvali) slated for 2026.

Opened in 1976, Harrison Plaza was one of many nation’s first fashionable, absolutely air-conditioned buying facilities. It served as an iconic vacation spot for 4 a long time, recognized for its cinemas, retail stalls, and energetic tiangge tradition. The mall formally closed on the finish of 2019 and was later demolished to make approach for the redevelopment.

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The brand new SM Harrison Plaza is anticipated to revitalize the financial and concrete profile of the Adriatico–Ocampo space, doubtlessly creating jobs throughout building and attracting foot site visitors to surrounding districts. Nonetheless, the particular particulars relating to residential or workplace elements have but to be disclosed.

Given Harrison Plaza’s sturdy cultural significance and the general public’s nostalgia for the previous mall, the redevelopment is more likely to be carefully watched by long-time patrons and heritage advocates. As with all large-scale mission, the 2027 timeline is topic to alter primarily based on varied components, together with permits and building schedules. SM has acknowledged that the mission will likely be financed by means of a mixture of borrowings and inside funds.





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