The shopping center, which will be located on Francisco de Orellana Avenue near Mucho Lot 1, is expected to be completed in April 2023.
The pilot stage of the Mall del Norte began in November 2021 and is expected to end in February 2022.
In the piling process, the greater work is the labor in pile manufacturing plants than in the field. Currently, at this stage, around 30 people collaborate.
The project, which Estimated completion in April 2023, plans to generate 2,000 jobs during the construction stage and another 800 once it comes into operation.
The new shopping center, which will be located in the north of the city, on Francisco de Orellana avenue near Mucho Lot 1, In 2022, it plans to execute 80% of the total investment, which is $50 million. However, this figure can increase to $80 million if the own disbursements that the brands will have to make to adapt the premises are considered, it is highlighted in a statement.
Mall del Norte, which will demand more than $50 million, emerges in Guayaquil amid a climate of business optimism
This year, in addition to piloting, the goal is to advance in the commercialization and consolidation of the work. Nowadays, 65% of the commercial area that is already reserved corresponds to approximately 60 premises; some foreign brands are confirmed to settle in the new mall.
In that reserved 65% are anchor brands such as Megamaxi, Juguetón, Pycca, EtaFashion, Estuardo Sánchez, Fybeca, Marathon and Multicines.
Mall del Norte stands on an area of 25,000 m2 and will have 75,000 m2 of construction. It will have 130 stores, 1,000 parking spaces, 10 movie theaters and a food court with 20 stores.
“With great optimism for the business sector, the construction of this new project is part of the ongoing economic reactivation and seeks to become a first-class shopping center in the northern sector, which is increasingly showing itself as a potential market with more than 800,000 customers with many easily accessible routes”, the statement points out. (I)
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