This commercial center has also an area for medical services and a specialties clinics, movies and recreational areas.

"The manager added that the commercial complex will have a built area of 22,475 square meters and will be located in a 120,000 square meter lot", reported PrensaLibre.com.

It is scheduled to open on March 2011.

Source: prensalibre.com

More on this topic

New Mall Opens in Guatemala

November 2011

With an investment of 3 million, Calidad Inmobiliaria will open the Paseo Carnival Mall .

Located at kilometer 162 of the CA-2, the mall in its first phase is more than 8 thousand square meters large.

"The complex has anchor stores such as the supermarket La Barata, the Megapaca and the appliance store El Gallo más Gallo, as well as 70 shops, a financial center with 4 banks and 20 kiosks", noted an article on Cnn.com.gt

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.

$6.40 million to be invested in Malacatan, Guatemala

January 2009

Corporacion Inmobiliaria announced the investment to construct a modern commercial center which will open its doors in 2010.

According to reports from elperiodico.com.gt "The La Trididad (Malacatan) Trade and Business will have a neo-urbanistic design will measure 7 thousand square meters, and will house some 33 stores, in addition to 250 vehicle capacity parking lot.

$4 million invested in Guatemalan Commercial Center

December 2008

Work on the expansion of the Miraflores Commercial Center will be completed by the end of 2009, and will provide 6 thousand square meters in commercial space.

Currently, there are 240 stores and there will be 25 more with this expansion.

During the construction of the works, it is estimated that it will generate 300 or 400 jobs, both directly and indirectly, and once completed there will be 250 permanent jobs.