Guatemala: $8 Million for New Shopping Center

A shopping center is planned to be built in the municipality of Chimaltenango that will house a supermarket, shops, banks, restaurant area and a parking lot with capacity for 750 vehicles.

Thursday, February 6, 2020

According to the interactive platform "Construction in Central America" from the Trade Intelligence Unit of CentralAmericaData, Axiomas de Negocios, S.A. submitted to the Ministry of Environment and Natural Resources the Environmental Impact Assessment (EIA) to develop the project called "Centro Comercial Chimaltenango."

Learn more about CentralAmericaData's "Feasibility Studies of Real Estate Projects."

The document outlines that the new shopping center will have three main anchors, these being a Cemado and Juguetón store, a supermarket and seven movie theaters that will be located on the second level.

The property will house 50 shops, a financial plaza where seven banks of the system will be installed, three restaurants a la carte, food court area with 10 restaurants, a gym and 12 commercial kiosks. The parking capacity will be 750 vehicles distributed internally and area for parking motorcycles, in addition to an internal loading and unloading area.

For the construction of this shopping center it is estimated that the overall investment will amount to about $8 million.

CentralAmericaData has information on public and private construction projects to be developed in Central American countries, with details such as estimated investment, project times and phases, materials and equipment that will be required during and after construction, water treatment, structure of parking lots, among other things.

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A sports center in Costa Rica, a shopping center in El Salvador and an office building in Nicaragua are part of the investments planned for the coming months in Central America.

The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are planned to be built soon.

$13 Million Invested in Shopping Mall

March 2019

In Zacapa, Guatemala, Multi-Proyectos began construction of a shopping center that will have 77 stores, movie theaters, food court area and other amenities, in a total area of 14,800 square meters.

The area occupying the land where the project called "Pradera Zacapa" will be located is 34,877 square meters, which is in Barrio Nuevo, Municipality of Zacapa, Department of Zacapa, details the Environmental Impact Study presented in August 2018.

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June 2018

In Guatemala, construction has started on a new building that will house 70 commercial premises and will be located in the municipality of San Pedro Carchá, Alta Verapaz.

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East of the Costa Rican capital, in Curridabat, plans are underway to build a mixed development consisting of an office and apartment tower, and a shopping center with 200 stores, cinemas, food courts plus 1,200 parking spaces.

The project, according to the Environmental Impact Study (EIA) submitted in February of this year to the Setena, also includes expansion and remodeling of the hardware store EPA. 

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Grupo AR Inversiones S.A.

The company develops small comercial projects in the capital city of Guatemala. 15,000-25000 square meters of construction area.
Operates in Guatemala
Phone: (502) 2367 5114 - (502) 2367 5113

Company Profile

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