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crystalline lagoon with turquoise waters as its machine rooms and cisterns for the complex, certification, which recognises global stan-
centrepiece. This innovative project addresses with a construction area of 112,661sq m. The dards for sustainable construction and resour-
the global challenge of reinventing malls, trans- project is owned by Fibra Plus and is being ce efficiency. With its mix of commerce, cul-
forming them into multifunctional destinations developed by Nemesis Captial. ture and environmental responsibility, Parque
that attract a new generation of visitors. Kristal One of the most anticipated developments Oaxaca is destined to become a cornerstone of
Mall is part one of Latin America’s most exten- in northern Mexico is Altea Paseo Hidalgo, a urban renewal and economic vitality in sou-
sive agreements between Crystal Lagoons and new complex to be built in Monterrey, which thern Mexico when it launches in 2027.
AED, a leading Colombian real estate company. joins the trend of vertical urban spaces that Reforma Colón is a massive, mixed-use
This strategic agreement includes 11 projects in combine commerce, housing and services. mega-development in Mexico City located
key regions such as the Eje Cafetero, the Andean Altea Paseo Hidalgo will be a mixed-use deve- on Paseo de la Reforma. Designed by Sordo
region and the metropolitan area of Bogotá. lopment, aligned with the urban densification Madaleno Architects and under development
Recently opened in Cabo del Sol, luxury process underway in Monterrey, particularly in by Grupo Kaluz and FIBRA SOMA (the real
meets opportunity with Ánima Village, a visio- its downtown area. The project encompasses estate arm of Sordo Madaleno), it features a
nary open-air retail and lifestyle destination. more than 27,000sq m of construction, distri- 291m (73-storey) main tower, four additional
Designed by Sordo Madaleno Arquitectos in buted across levels that will integrate commer- residential towers and a shopping mall. It is ai-
partnership with developer SOMA Group, cial and residential areas. The concept seeks to med at revitalising the surrounding urban area
Ánima Village redefines the traditional concept respond to a new profile of urban consumer: and will open the doors to its first phase in
of a shopping plaza. Blending art, gastronomy, people who prioritise location, connectivity 2027. Set to be built on a total GLA of 90,000sq
wellness and nature, it brings together the best and immediate access to services, in a modern m, the development is being planned in two
of Cabo’s coastal charm and international so- and functional environment. Commercial pre- main stages and integrates a highly permeable,
phistication. Spread over 22,000sq m of leasa- mises are planned for the lower levels, while people-centred urban design. The vision is to 1
ble space, Ánima Village hosts more than 84 apartments will be developed on the upper create a comprehensive mixed-use district,
luxury and lifestyle brands, offering a walkable floors, allowing the complex to function as a conceived as a catalyst for urban transforma-
network of plazas, terraces and green corridors. small, active urban ecosystem throughout the tion through the re-urbanisation of streets and 1. Kristal Mall,
Global names include Louis Vuitton, Prada, day. Set to launch later this year, the project is the consolidation of pedestrian corridors that Cartagena, Colombia
Cartier and Rolex and complementing these being developed by Altea Desarrollos. connect the project to the Zócalo and Bellas Developer: Arquitectura
flagship stores, visitors will also find Dior, Dol- Antara was, without a doubt, the driving Artes. Its strategic location allows it to function y Concreto
ce & Gabbana, Alo Yoga, Lululemon, Sephora force behind the development of the district as a key connector between Colonia Juárez, 2. Ánima Village,
and Nike, among others - making it the most known as “Nuevo Polanco” in Mexico City. By Condesa and Mexico City’s Historic Center. Cabo del Sol, Mexico
Developer: SOMA Group
exclusive retail destination in Baja California investing in the creation of a new urban centre Chapman Taylor has designed the major
Sur. Beyond shopping, Ánima Village offers an that integrates high-end office spaces, retail and extension and renovation of Galerías Laguna 3. Espacio Condesa,
Mexico City, Mexico
immersive lifestyle experience. The culinary entertainment, Antara set a benchmark for the shopping centre in Torreón, northern Mexi- Developer: Nemesis
offering features a mix of fine dining and casual area’s growth, as well as for the style and quality co for developer Liverpool, transforming the Capital
eateries, from Grupo Hunan and Mastro’s to La of the new developments surrounding it. This existing mall into a vibrant retail and leisure 4. Reforma Colón,
Lupita and Starbucks. The space will also beco- new phase by developer FIBRA SOMA inclu- destination and strengthening its role as a key Mexico City, Mexico
me a cultural hub through Arte Abierto, an ini- des the creation of a central park that will pro- social hub for the city. Located within a con- 2 3 Developers: Grupo
Kaluz & FIBRA SOMA
tiative showcasing public art installations, inte- vide visitors with a green space for gathering, solidated urban area with strong commercial
ractive exhibitions and live events that celebrate relaxation and connection with the environ- activity, the project reimagines the existing 4
creativity and community. Every architectural ment. In addition, a new tower will be deve- 85,000sq m shopping centre and introduces a
element - from local stone and terracotta faça- loped featuring office spaces and a Rosewood 34,184sq m extension. The scheme enhances
des to botanical landscaping and water features hotel, further reinforcing the project’s commit- Galerías Laguna’s offer by expanding beyond
- reflects a deep connection to Cabo’s desert- ment to quality, design and high-level service. traditional retail to create a dynamic, expe-
meets-sea landscape. Regarding the retail offering, Antara’s expan- rience-led destination that encourages longer
The commercial portion of the Espacio sion will introduce new stores and restaurants, dwell times and all-day use. The design intro-
Condesa complex in Mexico City is schedu- further elevating the destination experience. duces two new main entrances that reorganise
led to open during the first half of 2026, while The update is scheduled to complete next year. circulation and significantly improve the vi-
the office spaces are expected to open in the Developer Fibra Danhos has launched a sitor experience. The first entrance connects
following semester. The 10-storey mixed-use landmark urban development in Oaxaca City directly to the food court, where a generous
centre will feature anchors like Cinépolis, through a $320M investment to transform double-height atrium forms the heart of the
Coppel and La Comer. The project consists the historic Hotel Misión de Los Ángeles into restaurant zone. Flooded with natural light,
of the construction of a mixed-use residential Parque Oaxaca, a mixed-use centre that will this space creates strong visual connections
complex on a plot of 10,659sq m with a total combine business, culture and sustainability between levels and establishes a lively social
construction area of 221,219sq m, a footprint while generating 7,000 jobs. Parque Oaxaca focus within the centre. The second entrance
of 9,907sq m and a free area of 752sq m. It has will be designed by architect Mauricio Rocha. leads to the mall’s experience zone and provi-
a four-level base for commercial use, from The project will include more than 50,000sq des direct access to a new rooftop sports and
which two towers are developed. The first is ft of space and feature 122 retail spaces, a Li- leisure area, extending the programme vertica-
distributed over 22 levels above the base plus verpool department store, cinemas, dining lly and activating the building throughout the
a rooftop for commercial and office use and areas, a gym and a boutique hotel. The design day and into the evening. Through this trans-
the second is distributed over 16 levels above features tree-lined plazas, pedestrian corridors formation, Galerías Laguna is set to become an
the base plus a rooftop for residential use (112 and open-air walkways that integrate with the ideal retail and leisure destination for Torreón,
homes) and a hotel, with a construction area city’s historic scale and landscape. In addition, one that blends commerce, social interaction
above sidewalk level of 108,558sq m, as well as the project includes environmental restoration and active leisure within a contemporary, lo-
12 levels below sidewalk level to house 3,195 efforts such as cleaning the Jalatlaco River, pre- cally rooted architectural framework. No ope-
parking spaces, 630 bicycle parking spaces, serving century-old trees and pursuing LEED ning date is currently listed.

54 Retail & Leisure International June 2026 June 2026 Retail & Leisure International 55