PAMPANGA - The Clark Development Corporation (CDC) has signed a PHP 3.2 billion lease agreement with Premier Central, Inc. (PCI), a real estate subsidiary of SM Prime Holdings Corp., for a new mixed-use development that is expected to transform Clark into an even more vibrant tourism and lifestyle destination. The project, located on a 23,739-square-meter property along M.A. Roxas Highway, will expand the retail and commercial presence in the freeport, offering visitors more dining, shopping, and entertainment options . This development is part of SM Group's ongoing expansion in Clark, which began with the establishment of SM City Clark in 2003 and has since grown to include various commercial, office, and hospitality projects .
More Reasons for Travelers to Visit Clark
For tourists and travelers, this new development means more reasons to visit Clark and explore its growing commercial and leisure landscape. Clark has been experiencing a surge in tourism-related investments, including the Hann Group's $250-million casino resort expansion, the Filinvest Malls Mimosa development, and the upcoming Ibis Styles Hotel and other hospitality projects . These developments are making Clark a more attractive destination for both domestic and international travelers, offering a diverse range of experiences from shopping and dining to entertainment and relaxation. The new SM development will add to this growing list of attractions, giving visitors even more options for their next getaway.
A Gateway to Central Luzon's Best
Clark International Airport continues to expand its connectivity, making the freeport zone a strategic gateway for exploring the best of Central Luzon. The North-South Commuter Railway and other government infrastructure projects are also transforming Clark into a premier business and lifestyle destination in the region. With the addition of more retail and commercial spaces, travelers can now enjoy a more complete experience—whether they're visiting for business, leisure, or a weekend escape. The development is also expected to generate jobs and support green building standards, ensuring that tourism growth goes hand in hand with sustainability.
