SM Megamall is a shopping mall located in the Ortigas business district of Metro Manila, Philippines. The mall was developed and is operated by SM Prime Holdings. The mall complex comprises two buildings connected by a bridge, and occupies a land area of approximately 10 hectares, with a total floor area of 506,435 square metres (5,451,220 sq ft), making it the second-largest shopping mall in the country and the fourth-largest in the world. The mall has a maximum capacity of 4 million people.
Construction on the mall began in 1989, and the mall opened its doors on 28 June 1991, as the third SM Supermall after SM City Sta. Mesa and the SM City North EDSA. SM Megamall is located in the Ortigas Center, in the Mandaluyong City region. SM Megamall retained the title of largest mall in the country for a 17-year period until the SM Mall of Asia was built. It was ranked third largest in the country by floor area (331,679 square meters) and seventh largest in the world after SM North (which ranks first in the country and second in the world). It also boasted the first ice skating rink (removed in 2009 but rebuilt five years later in 2014) as well as one of the first trade halls in the country.
In a study on the world's largest shopping malls conducted by Eastern Connecticut State University, the mall was ranked third among the world's largest shopping malls by "ground level area", and was the third largest mall in the Philippines, ranking below SM Mall of Asia and SM City North EDSA.
The mall has two main buildings. Building A features the SM Cinemas, Food Court, Toy Kingdom and other anchor tenants. Building B features the SM Department Store, SM Supermarket, Cyberzone and other anchor tenants, and has been expanded with the Mega Fashion Hall, which opened in January 2014. The Bridgeway connecting the two main buildings of the mall contains several eateries. This section of the mall was completed in 2009.
The 16,000 m2 Mega Atrium is an addition to the existing two buildings. The Atrium bridges the gap between Buildings A and B, and was completed in 2008. The Atrium features various shops and restaurants, and can also be rented out as an event venue.
Building C is a more recent addition to SM Megamall, opening on 11 October 2011. Located near EDSA to the west of Building A, it was formerly the Building A parking facility. Office space is located on the upper levels of the carpark, which also houses an integrated bus terminal serving suburban cities and towns in Rizal to the east of Metro Manila. The building also contains a transport terminal and offices for the Department of Foreign Affairs
The Mega Fashion Hall is the latest expansion of SM Megamall. Featuring a two-level basement parking and a five-level mall, it houses several global clothing retailers, including the 3-level H&M store, as well as a 3-level Uniqlo which extends to the two uppermost levels of Building B.
Aside from clothing stores, the expansion includes dining establishments, houseware stores, service shops, and a Bingo area on the 5th level. The Mega Fashion Hall also houses an IMAX theater, a 56-seat Director's Club Cinemas with butler service, an Olympic-sized ice skating rink (replacing the one removed in 2009 from the lower-ground level of Building A), an upscale food court (Mega Food Hall), and a 14-lane bowling center.
After the soft opening of the newly constructed Building C Carpark, the mall surpassed SM Mall of Asia by 2,000 m2 (22,000 sq ft) and became the second largest shopping mall in the country.
With the opening of the Mega Fashion Hall (Building D), the current gross leasable area is 500,000 m², allowing the mall to reclaim the title of largest mall in the Philippines.
The addition of the Mega Fashion Hall building added 125 new retail stores, 90% of which are global brands and 10% of which are local retailers.