Philippines: The case of SM City Marikina mall
Title in original language
Philippines: The case of SM City Marikina mall
Source
United Nations Office for Disaster Risk Reduction
SM Prime Holdings, Inc.
SM City Marikina is an elevated mall built on top of stilts. It is a 6‐hectare mall property located within the Marikina River Watershed, a known flood‐prone area. In 1977, the World Bank identified this zone as high‐risk, and should be prepared for floods and earthquakes.
The identified lessons learned in this publication are:
- Disaster preparedness and proper planning are essential to achieving reduced risks brought
about by natural and man‐made calamities. - Investing in disaster resilient buildings and properties can greatly help avert potential loss of life, business and reputation.
- The mall gained more trust with its stakeholders because it ancitipated the risk and took action, resulting in a sustainable competitive advantage.
This case study is one of a series produced by members of ARISE, the UNISDR Private Sector Alliance for Disaster Resilient Societies.
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Country and region
Philippines