Panama: Shopping Centers Driving Coronado Area

©image: municipiopinas

Shopping mall Plaza Las Pergolas is scheduled to open in January 2011 and has 32 shops spread over five modules as well as 31 deposits starting at 27 square meters.

"In July of this year, Coronado Mall opened its doors after 15 months of construction, with an investment of $ 15 million," writes Prensa.com. "After construction of the first (Coronado Mall), commerce grew by 60% in the sector, projections suggest that number should increase."

Source: Prensa.com

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$30 million for commercial center in Guatemala

January 2009

Inmobiliaria Spectrum, project developer, based in zone 17 in Guatemala Capital, plans to begin construction in November 2009.

Sigloxxi.com reports: "The opening is scheduled to coincide with the 2010 Christmas season, and will provide direct and indirect jobs to some 1,200 or 1,400 persons.

Paseo de Las Flores Expansion to Open in November

February 2010

The new phase of the Costa Rican shopping center, developed by Desarrollos Mega, will generate 500 jobs.

Construction of the third phase of the mall, to include 80 new stores, began in December 2009.

Pablo Sanabria, marketing manager at Desarrollos Mega, did not reveal how much was invested in this project.

New $35 Million Shopping Mall in Guatemala

May 2010

“Inmobiliaria Spectrum”, a real estate developer, announced it will build a 70.000 square meter shopping mall in zone 17, called “Portales”.

It will feature 115 shops, parking space for 1600 vehicles, food plaza and movie theaters.

Salvador Frech, from Spectrum, told Elperiodico.com.gt that “there is an opportunity for taking an innovative concept to this area.

Guatemala: Investment in Mall Expansion

October 2010

The real state division of Coban Group's announced the expansion of Mall Magdalena in Alta Verapaz.

The new phase was inaugurated on December 4 and will add parking area for 180 vehicles, more square meters of dining area and 1,700 square meters of retail space.

Prensalibre.com reports "Construction and operation will generate over 175 new direct jobs.