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.
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.