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SM CDO Downtown

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SM CDO Downtown

SM CDO Downtown, formerly known as SM CDO Downtown Premier and sometimes called by locals as SM Downtown, is a shopping mall located along Claro M. Recto Avenue corner Osmeña Street, Cagayan de Oro, in the city's central business district. It is owned and operated by SM Prime Holdings, the largest mall operator in the Philippines, and opened on May 12, 2017. The mall is the 2nd in Northern Mindanao and 61st mall in the Philippines by the SM Group. It was the 3rd SM Supermall under the "Premier" branding (now discontinued) after SM Lanang in 2012 and SM Aura in 2013 respectively. It has a leasable area of 81,133 m2 and a gross floor area of 177,743 m2. It was formerly the largest SM Supermall in Mindanao until SM City Davao surpassed it as the largest since 2025 due to its 2023 expansion building.

SM Prime Holdings President Hans Sy had previously disclosed that the site of the old Coca-Cola Plant along C.M. Recto Avenue cor. Pres. Osmeña Sts. will be developed into another SM mall. The mall would be originally called it SM CDO2 Premier (as seen in the concept art of the mall) because it was the 2nd SM mall in the CDO area. But since the old Coke plant is located in downtown CDO, the company decided that the mall will be called: SM CDO Downtown Premier and be the second SM Mall in Cagayan de Oro.

Construction of the mall started in March 2015. On March 15, 2017, tenant partners, retailers, food chains, service centers and merchants attended the tenant's preview of SM CDO Downtown Premier. On the same day, it was announced that the mall had an 85% occupancy rate.

On May 11, the mall held a blessing, mass and ribbon cutting, headed by City Mayor Oscar Moreno and some City officials; Hans T. Sy, Felicidad Sy and Jeffrey Lim, SM Executives; and Archbishop Antonio Ledesma, SJ. Shops were opened on that day for the invited guests. On May 12, SM CDO Downtown Premier opened its doors to the public opening only four levels of the mall with an 87% occupancy rate.

On the mall's opening day, SM Cinema only opened 2 regular cinemas (Cinemas 3 & 4), and a large-format cinema (Megascreen). On May 30, it finally opened the two Director's Club Cinemas and the two other regular cinemas (Cinemas 1 & 2), opening all of its 7 cinemas to moviegoers.

On June 9, almost a month after the mall's opening, SM opened the fifth level of the mall, making all levels open to the public. The opening was attended by City Mayor Oscar Moreno, together with some city officials, as well as some SM officials. The fifth level consists of shops, homegrown restaurants, along with the Sky Garden and Sky Hall. The Sky Hall is still closed to the public. The first bowling center in Northern Mindanao opened on the 4th level as well nearly two years later on May 4, 2019.

On October 17, 2018, the BPO tower was finally opened for leasing.

On April 2, 2023, the mall was renamed to simply as SM CDO Downtown as part of a rebranding by SM Supermalls to unify with other premier malls that don't carry the "Premier" branding.

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