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.

Source: sigloxxi.com

More on this topic

Guatemalan Investment in Colombia

December 2012

Spectrum has announced that they will build a shopping center in Colombia in 2013, which in its first phase will measure 32 thousand square meters.

The developer is part Guatemalan Pantaleon Group, and now aims to follow "the success of its three shopping centers located in Guatemala: Miraflores, located in Zone 11, Oakland Mall, Zone 10, and Portales, zone 17, and in Honduras: Cascadas Mall, which together attract over 32 million visitors a year. "

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

Investment in Shopping Mall in Guatemala

September 2011

Inmobiliaria Spectrum will invest $22 million in the redevelopment of the Miraflores shopping center in zone 11.

Works include the opening of 42 new stores, extending the food court and the construction of 480 parking spaces.

Completion of construction is scheduled for November, said Ramiro Alfaro, manager of Spectrum.

$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.