Friday 18 June 2021

Retail Growing in Malls

98f5059f9965ccaa868faec4dc7b0f6b_w999_h362_cp

(QCOSTARICA) So far in 2015 12 shopping centres have been opened, in different formats, and by December 36 more projects will have been inaugurated, plus another 30 next year.

The tendency to build small shopping centres, open squares and mixed use areas has been highlighted by industry experts as the main differentiator compared to previous years when the development of large shopping centers predominated.

- Advertisement -

Francisco Navarro, manager of Market Intelligence at Colliers, explained that “… ‘The mall model has changed, construction in this format has decreased and now they are concentrating on remodeling. Open shopping squares are those that have been in constant development ‘.

“… 2015 is projected to be a promising year for the commercial sector due to the opening of several projects within the greater metropolitan area and beyond. One of the openings that is drawing the most attention is that of the City Mall in Alajuela, which will be the largest mall in country and the Central American region built in one stage. ”

In 2016 “…Real estate firms report that, to date that … there will be 30 new projects starting operations. Among them is Terrazas de Lindora, whose opening was planned for this year, but will now be in May 2016. This project will have commercial spaces ranging from 60 to 400 m². ”

City Place in Santa Ana is expected to open in July 2015
City Place Town Center in Santa Ana (across from Mas x Menso) is expected to open in July 2015

- Advertisement -

Source: Nacion.com; Centralamericandata.com

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Cynthia Ann Telles named new U.S. Ambassador to Costa Rica

QCOSTARICA - Today, U.S. President Joe Biden announced his nomination of...

Simple to request certification of vaccines against covid-19 applied in Costa Rica and abroad

QCOSTARICA - The Ministry of Health issued a new guideline on...

MOST READ

Southwest adds yet another route to Liberia, now from Denver

QCOSTARICA - Southwest airlines will add a new route to the Daniel Oduber International Airport, in Liberia, this time connecting with the city of...

Your cell phone can now notify you if you had contact with a positive case of covid-19

QCOSTARICA - Fifteen months after the national emergency against covid-19 was declared, Costa Ricans will have a digital platform where you can be notified...

Vaccination commission endorses J & J vaccine, says no to Sinovac

QCOSTARICA - The Comisión Nacional de Vacunación y Epidemiología (CNVE)  - National Vaccination and Epidemiology Commission - endorsed the use of Johnson and Johnson...

Fifth tropical wave precipitation will be heavier in the north of the country

QCOSTARICA - For this Wednesday, the arrival of the fifth tropical wave of the season is expected, thus reinforcing the rainy activity mainly to...

Today’s Covid News: Restrictions allowed a decrease in Covid-19 and prevented hospital collapse

QCOSTARICA - A moderate decline in new cases for the third consecutive week allowed the hospital system to avoid the dreaded collapse and rapid...

Today’s Vehicle Restriction June 15: 3 & 4 CANNOT circulate

Today, Tuesday, June 15, vehicles with plates ending 3 & 4 CANNOT circulate The measure is countrywide and applied between 5:00 am and 9:00 pm,...

Today’s Vehicle Restriction June 14: 1 & 2 CANNOT circulate

Today, Monday, June 14, vehicles with plates ending 1 & 2 CANNOT circulate The measure is countrywide and applied between 5:00 am and 9:00 pm,...

Opinion: Peru’s electoral drama is damaging democracy

Q REPORTS (DW) In Peru, the left-wing village school teacher Pedro Castillo has in all probability been elected the new president. The fact that...

The “rebound” effect boosted growth in Costa Rica’s economic activity

QCOSTARICA - Costa Rica's economic activity registered in April 2021 a year-on-year growth of 8.8%, a figure affected by a “base” or “rebound” effect,...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.