Philippines: The case of SM City Marikina mall

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.