The demolition of the former Olongapo City Mall was started since November 2010 on a round the clock schedule to give way for the construction of SM Mall Olongapo City. The demolition work advances everyday and major portion of then, city mall already torn down.
The coming of SM investment in this city is a clear indication that, the business climate is attractive and favorable.
When operational, SM Olongapo will become a catalyst of development in terms of more job oportunities, increase in demands for food supplies, housing and other basic needs. Influx of migrant workers will be expected to Olongapo City to look for employment.
Development is always expected to entail adverse effects nevertheless, concerned Local Government Unit(LGU), agencies and other instrumentalies then, will be ready to provide measures to mitigate and address consequent problems and issues.
The people of Olongapo City and neighboring areas will be the first to enjoy the benefits SM Olongapo may bring when it will be opened to the public.