Parque Arauco S.A. announces an investment of US$81 million to expand the Parque La Colina shopping center in Bogota

Parque La Colina in Bogota is one of Parque Arauco's most emblematic assets in the country. Photo: Courtesy.

Parque Arauco S.A. announces an investment of US$81 million to expand the Parque La Colina shopping center in Bogota

TL;DR

  • Parque Arauco is investing US$81 million to expand Parque La Colina in Bogota.
  • The expansion will add around 20,000 square meters of gross leasable area (ABL).
  • The new spaces will include retail, gastronomy, and entertainment, with an opening planned for 2030.
  • This investment is part of Parque Arauco's broader regional growth plan of US$1,033 million.
  • The company focuses on strengthening its mixed-use assets across Chile, Peru, and Colombia.