Iguatemi launches shopping mall in Votorantim
O Estado de S. Paulo
Iguatemi Empresa de Shopping Centers presented this Wednesday, 25, the project of its new undertaking in Votorantim, in the region of Sorocaba, 98 km from São Paulo. The Shopping Iguatemi Esplanada mall will receive an investment of R$ 383.6 million (US$ 239.8 million) and its inauguration is scheduled for the second half of 2013. The mall will feature the largest gross leasable area among all undertakings of the Iguatemi: 57.6 thousand square meters. It will feature 425 stores, of which six are anchors, nine are mega-stores and 370 satellite stores.
The mall has 10 movie theaters, children's leisure area, 10 restaurants and 18 fast-food restaurants, besides parking for 2,880 cars. There will also the construction of four commercial towers, with 12 floors each. "The new mall is a milestone for Iguatemi and it strengthens the strategy of the company to invest in projects in the interior of São Paulo", said Carlos Jereissati Filho, President of the group. The new undertaking will be near the current Shopping Esplanada. The project foresees the integration between the two undertakings in the future. Jereissati estimates the monthly public in the mall will be of 1.3 million people. The company has another five projects under development in the State of São Paulo.