SM CDO Downtown
A five-storey SM Supermall and mixed-use commercial complex in central Cagayan de Oro, Philippines.
Last updated August 25, 2026
AI crawler reads
No AI crawler has read this profile since Oct 28, 2026.
Overview
SM CDO Downtown is a major shopping and commercial complex in Cagayan de Oro, Misamis Oriental, Philippines. It stands along Claro M. Recto Avenue at the corner of Osmeña Street in the city's central business district, on the former site of a Coca-Cola plant. The property is owned and operated by SM Prime Holdings, the property and mall-development arm of the SM Group. The mall opened to the public on May 12, 2017, becoming the second SM mall serving Cagayan de Oro and the second SM Supermall in Northern Mindanao. It was originally planned under the working name SM CDO2 Premier, reflecting its position as the company's second mall in the city. The final name, SM CDO Downtown Premier, emphasized the site's central-business-district location and placed it within SM Supermalls' then-current Premier format. It was the third mall to use that Premier branding, following SM Lanang Premier and SM Aura Premier. In April 2023, SM Supermalls removed the Premier designation and renamed the property SM CDO Downtown as part of a broader naming-unification effort. The complex has a reported gross floor area of approximately 177,743 square metres and about 81,133 square metres of leasable area. Its principal anchors include The SM Store, occupying three levels; SM Supermarket; and SM Cinema. The cinema complex contains seven theatres, including a large-format Megascreen, two Director's Club cinemas, and four regular digital cinemas supporting two-dimensional and three-dimensional presentations. The Megascreen was described as the first large-format cinema of its kind in Cagayan de Oro and uses Christie 6P laser projection and Dolby Atmos sound technology. Beyond conventional retail, the mall combines restaurants, service centres, specialty stores, entertainment venues, indoor parking, and event spaces. Its upper levels include a Sky Garden, the Sky Hall, and homegrown restaurants. A bowling centre opened in 2019 and was described as the first bowling centre in Northern Mindanao. The property also includes the CDO Downtown Tower, a 12-storey office and business-process-outsourcing building along Osmeña Street. The tower contains eight levels of office space, a helipad, and the regional office of the Philippine Department of Foreign Affairs. It was opened for leasing in October 2018. A notable infrastructure feature is a large underground rainwater-catchment basin measuring approximately 75 by 40 metres and up to six metres high. Its stated capacity is about 13,650 cubic metres, allowing the development to retain storm water and reduce flooding risk in the surrounding urban area. Architecturally, the mall includes a glass curtain that channels natural light into the interior and creates a falling-light effect toward the entrance fountain when vehicle lights reflect from Claro M. Recto Avenue and Osmeña Street. The mall was designed by DSGN Associates, an architectural practice based in Texas, United States. SM CDO Downtown remains an important retail, dining, entertainment, and office destination for Cagayan de Oro. It serves both local residents and visitors from the wider Northern Mindanao region, while its office tower extends the property's role beyond shopping into business services and corporate occupancy.
History
SM CDO Downtown was developed by SM Prime Holdings on the former Coca-Cola plant site along Claro M. Recto Avenue and Osmeña Street in central Cagayan de Oro. The location placed the project in the city's established business district rather than in an outlying suburban area. SM Prime president Hans T. Sy had previously identified the site as a future SM mall. Early concept material used the name SM CDO2 Premier because the project would be the second SM mall in Cagayan de Oro. The company later selected SM CDO Downtown Premier to associate the development with its downtown location. Construction began in March 2015. Before public opening, SM held a tenant preview on March 15, 2017, attended by retailers, restaurant operators, service businesses, and other merchants. The preview announcement indicated that the mall had reached approximately 85 percent occupancy. A blessing, religious mass, and ribbon-cutting ceremony followed on May 11, 2017, with SM representatives and Cagayan de Oro officials participating. The mall opened to the general public the next day, initially operating four of its five levels with reported occupancy of 87 percent. The entertainment component was completed in stages. On opening day, SM Cinema operated two regular theatres and the large-format Megascreen. On May 30, the two Director's Club cinemas and the remaining regular cinemas opened, bringing the cinema complex to seven screens. On June 9, the fifth level became accessible to the public. This level added more retail and restaurant space, together with the Sky Garden and Sky Hall; the Sky Hall was not immediately open for general public use. A bowling centre was subsequently added to the fourth level and opened on May 4, 2019. The mall's design and infrastructure reflect its dense urban setting. DSGN Associates, an architectural firm based in Texas, designed the development. Its five-storey retail building provides approximately 177,743 square metres of gross floor area and about 81,133 square metres of leasable space. A large underground rainwater-catchment basin was incorporated beneath the mall. The basin is approximately 75 by 40 metres in plan, reaches up to six metres in height, and has a reported capacity of about 13,650 cubic metres. Its purpose is to help retain storm water and lessen local flood risk. The property also expanded into office and business services through the CDO Downtown Tower. The 12-storey tower, located along Osmeña Street, includes eight office levels intended in part for business-process-outsourcing companies, a helipad, and the Northern Mindanao regional office of the Department of Foreign Affairs. It was opened for leasing on October 17, 2018. In 2024, OP360, an information-technology company headquartered in Ridgefield, Connecticut, opened a branch there. On April 2, 2023, SM Supermalls renamed the property SM CDO Downtown. The change removed the Premier suffix as part of a broader effort to standardize mall names. The site continues to function as an SM Supermall and mixed-use urban destination, with department-store and supermarket anchors, specialty retail, food and beverage, cinemas, bowling, event facilities, and office space.
- 2024
OP360 branch opens
[1]OP360 opened a branch in CDO Downtown Tower on March 13.
- 2023
Premier branding removed
[1]The mall was renamed SM CDO Downtown on April 2 as SM Supermalls standardized names across its portfolio.
- 2019
Bowling centre opens
[1]A bowling centre opened on May 4 and was identified as Northern Mindanao's first bowling centre.
- 2018
CDO Downtown Tower opens for leasing
[1]The associated 12-storey BPO and office tower opened for leasing on October 17.
- 2017
Tenant preview held
[1]SM held a tenant preview on March 15 and reported approximately 85 percent occupancy.
- 2017
Public opening
[1]SM CDO Downtown Premier opened to the public on May 12, initially operating four mall levels.
- 2017
Cinema complex reaches seven screens
[1]The remaining regular cinemas and two Director's Club theatres opened on May 30, completing the seven-screen cinema offering.
- 2017
Fifth level opens
[1]The fifth level, including additional retail, restaurants, the Sky Garden, and the Sky Hall, opened on June 9.
- 2015
Construction begins
[1]Construction of the planned downtown SM mall began on the former Coca-Cola plant site in March 2015.
Products and positioning
A centrally located, full-service regional shopping mall combining mass retail, dining, entertainment, cinema, events, and business-process-outsourcing offices.
Department store · 2017
The SM Store
The SM Store is one of the mall's principal anchors and occupies three levels of shopping space. It provides the department-store component of the complex, complementing the supermarket, specialty retailers, food outlets, services, and entertainment venues elsewhere in the development.
Supermarket · 2017
SM Supermarket
SM Supermarket serves as the grocery anchor within the mall. Its presence broadens the complex's role from a discretionary shopping and entertainment destination to a recurring urban shopping facility for households in central Cagayan de Oro.
Cinema and entertainment · 2017
SM Cinema
SM Cinema at the mall has seven theatres: a large-format Megascreen, two Director's Club cinemas, and four regular digital cinemas. The Megascreen uses Christie 6P laser projection and Dolby Atmos sound, while the digital screens support both 2D and 3D presentations.
Dining and events · 2017
Sky Garden and Sky Hall
The upper-level Sky Garden provides an al fresco dining and entertainment setting. The adjacent Sky Hall is an event venue with reported seating capacity of 800, although it was initially not open to the general public when the fifth level launched.
Entertainment · 2019
Bowling centre
A bowling centre opened on the fourth level in May 2019. It was presented as the first bowling centre in Northern Mindanao, adding a leisure activity beyond cinema, dining, and retail.
Office and business-process-outsourcing space · 2018
CDO Downtown Tower
CDO Downtown Tower is a 12-storey mixed-use office tower connected with the mall development. It provides eight levels of office space for BPO companies, includes a helipad, and accommodates the Northern Mindanao regional office of the Department of Foreign Affairs.
Brand decisions
2023
Removal of the Premier designationStrategyBackground
SM Supermalls undertook a naming-unification effort for malls that had previously used the Premier branding.
Action taken
The property was renamed from SM CDO Downtown Premier to SM CDO Downtown on April 2, 2023.
Aftermath
The mall retained its retail, entertainment, and office functions while operating under the shorter SM CDO Downtown name.
Recent events
- 2024
OP360 opens a branch in CDO Downtown Tower[1]
Other
Connecticut-based information-technology company OP360 opened a branch in the office tower on March 13, 2024.
- 2023
Mall drops the Premier name in SM Supermalls rebranding[1]
Other
On April 2, 2023, the property was renamed SM CDO Downtown as SM Supermalls unified the naming of malls that had used the Premier designation.
- 2019
SM CDO Downtown adds a Northern Mindanao bowling centre[1]
Product launch
A bowling centre opened on May 4, 2019, and was described as the first of its kind in Northern Mindanao.
- 2018
CDO Downtown Tower opens for leasing[1]
Product launch
The property's 12-storey business-process-outsourcing tower was opened for leasing on October 17, 2018.
- 2017
SM CDO Downtown Premier opens to the public[1]
Product launch
The mall opened on May 12, 2017, initially making four levels available to the public and reporting 87 percent occupancy.
- 2017
SM CDO Downtown completes public opening of all mall levels[1]
Product launch
The fifth level, including additional shops, restaurants, the Sky Garden, and the Sky Hall, opened to the public on June 9, 2017.
Sources1 sources
Cite this profile: Cite the canonical profile. /brand-wiki/sm-cdo-downtown-premier · Editorial policy · How profiles are compiled