Chairman of SM Prime Holdings and Chairman and CEO of SMDC Henry Sy Jr., SMDC President Jose
Mari Banzon, and SMDC Executive Vice President Grace Sta. Ana stand united on stage during the
groundbreaking ceremony for the new Carmona City Hall, signifying a collaborative effort to bolster
regional development.
The recent groundbreaking ceremonies for the new city hall of Carmona in Cavite marked a milestone not only for the local government and its constituents but also for its overall growth plans in the district.
During the event, Mayor Dahlia A. Loyola and Cavite 5th district Rep. Roy Loyola affirmed that the new city hall is the start of an extensive infrastructure development project that would transform the city into a vital economic hub in southern Metro Manila.
The occasion similarly marked the intensified partnership between the LGU and property development firms SM Prime Holdings, Inc. (SM Prime) and SM Development Corporation (SMDC).
Both companies are involved in the building of the new city hall and the township that will rise around it called Carmona International City (CIC).
Mayor Loyola shared her optimism about the collaboration’s impact on the city’s future: “This partnership signifies unity and vibrancy within our community. It showcases the harmonious synergy between the LGU, SMDC, and SM Prime in fostering inclusive growth.”
Jose Mari Banzon, President of SMDC, likewise said that this collaboration marks the beginning of a journey toward accelerated growth and development in the region.
“This partnership marks a significant turning point in Carmona’s development journey and reaffirms our commitment to fostering growth in areas with exceptional potential. We are thrilled to bring our expertise and resources to the table, working in close partnership with Carmona City to help realize its vision of becoming a thriving urban center,” said Banzon.
Carmona as a Prime Growth Area
SM Prime and SMDC’s recognition of Carmona as a promising area emphasizes its development potential. Situated strategically between the country’s capital and the industrial and residential centers of the South, Carmona possesses key attributes conducive to growth. Its proximity to major infrastructure, a youthful and well-educated population, and business-friendly policies position it favorably to attract both local and international investments.
The CIC aims to address the needs of a growing population while prioritizing health, safety, and convenience. It seeks to enhance the overall quality of life for the community, emphasizing a holistic approach to urban planning.
As a core component of this transformative partnership, SMDC will actively participate in the design and construction of the city hall’s facade. Situated at the heart of CIC, the new city hall will be a three-story building with roof deck, envisioned with rising symmetrical vertical structures in concrete earth tones that convey grounding, stability, and dependability, while its abundance of glass windows and doors will also lend modernity.
According to SMDC, their involvement extends to overseeing the overall aesthetics and functionality, ensuring a structure fitting for a first class metropolis.
Paving the Way for a Bright Future
As Carmona City anticipates a promising future, these milestone events lay the foundation for further SM Prime and SMDC developments that will raise living standards, create more growth opportunities for residents, and contribute to Carmona City’s emergence as a model of sustainable urban development in the region.
“This project is a dream-turned-reality for Carmona, and it would not be possible without the remarkable generosity of SM Prime and SMDC. It has always been our dream to provide our citizens with the best facilities, and this partnership is definitely the attainment of that ambition,” said Congressman Roy M. Loyola.