Costa Rican Malls
Tuesday, November 29, 2016
Of the 255 complex business operating in the greater metropolitan area, 11 are in the regional center format, 42 community, 75 neighborhood, 134 strip, 21 are urban, 7 lifestyle and 5 entertainment.
The figures from Colliers Costa Rica indicate that shopping centers in small formats, called life style and strip centers are those that are beginning to predominate in the metropolitan area. There are currently six projects under construction in the strip format and another 12 which are planned to be developed, according to Colliers.

Francisco Navarro, associate consultant at the company, told Elfinancierocr.com that called "strip" shopping malls , "... have a small shopping complex format with at least three stores in a series of continuous premises in front of a parking lot, but they do not have an anchor store. Despite being the category with the most projects underway, it is also the one with the highest availability rate with 9.93% (experts consider saturation has been reached when the availability level is above 10%). "

"...Following, in terms of number of projects under development, are the 13 properties in the category of lifestyle, which is known as mixed-use, and includes a residential apartment sector, an area for offices, a hotel and a commercial sector. In this case, the level of availability is relatively low when compared with strip malls, with 3.13%. "

Source: elfinancierocr.com
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Source: elfinancierocr.com
More on this topic
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So far in 2015 12 shopping centers have been opened, in different formats, and by December 36 more projects will have been inaugurated, plus another 30 next year.
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Key entities
Colliers Costa Rica Francisco Navarro
Countries
Costa Rica
Insight
Infrastructure & Construction
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mall
Real estate development
Colliers Costa Rica
Infrastructure & Construction
commercial sector
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