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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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

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