Peru is experiencing a boom in shopping center development. Last year, two outstanding projects significantly boosted infrastructure in their respective areas: the first shopping centers opened in Iquitos and San Juan de Lurigancho, becoming resounding successes. Now, the focus is on Mega Powdersthe first shopping center in The Olive Trees.
Mega PowdersLocated in one of the districts with the greatest economic potential in Lima, this is an ambitious project aimed at revitalizing the urban and commercial environment of the area. This shopping center is promoted by a group of entrepreneurs from Polvos Azules, the famous commercial emporium in La Victoria. The project includes the creation of a space with more than 1,500 stores and an investment of S/300 million.
Mega Powders opening date
A few months ago, in an interview with La República, María Peralta, who chairs the board of directors of Mega Powdersreported that the first phase of the shopping center includes a parking lot with capacity for 500 vehicles. In addition, he noted that several pillars have been built to house around 650 stores, whose surfaces range between 9 and 18 square meters, on the ground floor.
It was also mentioned that there will be 16 additional stores with direct access from the street. Peralta also indicated that the opening of the first phase is scheduled for December 2024, while the full opening of the shopping center is scheduled for the end of 2025.
Address of Mega Polvos, the first shopping center in Los Olivos
Mega Powders The store will be located at the intersection of Alfredo Mendiola Avenue, on block 57, and Universitaria Avenue. This address was chosen because it has several features that will facilitate the transfer of consumers to the shopping center.
These are the stores and spaces of Mega Polvos Los Olivos
The mall Mega Powders The center will offer a wide variety of services and entertainment options, including more than 1,500 shops, a banking area and a fast food area with well-known brands. It will also have a leisure area that includes a cinema and a gym that can be accessed by subscription.
This ambitious project in The Olive Trees The center will be spread over three levels. It will include an area for events and concerts covering 10,000 square meters. The first floor will be dedicated to the sale of footwear and clothing, the second floor will have more than 700 stores and the third floor will house the food court, restaurants and cinema.
Currently, those involved in the project are negotiating with supermarket chains, such as Plaza Vea, for their possible inclusion in the project.
What other shopping centers are there in North Lima besides Mega Polvos?
- MegaPlaza: As one of the first to establish itself in the area, MegaPlaza offers a wide variety of stores with both national and international brands, as well as food courts, cinemas and entertainment areas for the whole family.
- Plaza Norte: This shopping complex is one of the largest in the region, with a wide variety of shops, food courts, children’s play areas and one of the most important bus terminals in the city.
- Mall del Norte: Although smaller in comparison to the others, Mall del Norte offers a comfortable and varied shopping experience, with clothing stores, technology and dining options.
Source: Larepublica

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