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View Full Version : Santiago saturated by malls



NewsWhore
11-22-2010, 01:20 PM
The construction of large shopping malls continues at pace in Santiago, where more than RD$3.5 billion is currently being invested in the construction of new establishments that are expected to create around 3,000 new jobs. The emergence of these new developments lead observers to believe that the commercial sector will continue its expansion in Santiago, representing a great boost for the local economy which has been affected by the loss of jobs in the industrial free zones. The biggest new shopping centers include Plaza Lama on Av. 27 de Febrero and the Universal building on the Duarte Highway.

Also under construction are the Mediterranean Plaza and Sunset Boulevard on the Rafael Vidal Avenue in the Embrujo II residential area, a middle and upper middle class area where other establishments already exist. On the J. Armando Bermudez Avenue in the Pueblo Nuevo sector of the city, the Dona Ana plaza is going up and is now in its final stages. The Plaza Lama Superstore is being built with an investment of more than RD$400 million and will include branches of all the major banks and remittance offices as well as telephone companies. There will also be a supermarket, an area for cosmetics, fast food, cafeteria, clothes, shoes, appliances, furniture, bookstore, hardware, home products and toys.

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