Costa Rica: $ 20 Million Investment in Shopping Center

By early November 2011 the expansion work of the Desamparados Multicenter will be done.

Thursday, January 20, 2011

The new stage adds 23,500 meters to the current complex along with 60 new shops, department stores and dining areas.

Eduardo Feoli of the Raventos Corporation (owner of the development), told El Financiero, "We have an extensive list of companies interested in being present at the new stage of our mall."

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

Paseo de las Flores Mall Inaugurates Expansion in Costa Rica

November 2010

With a $ 41 million investment, the third stage of the mall was inaugurated.

According to the developer of the project, Mega Developments SA, the new phase will generate 750 direct jobs.

"In total, Paseo de las Flores has 341 stores, six bank branches, five movie theaters, 1,480 parking spaces as wells as restaurants and fast food areas", reported

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

$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.

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