Paraguay’s New Icon
Paseo La Galería
is the first mixed-use complex in Paraguay’s capital, Asuncion. Its rapid construction, new standards in design, unparalleled quality and visual elegance are a prime example of Paraguay’s recent success.
Located in Santa Teresa, the new commercial, corporate and residential area of the capital, Paseo La Galería combines a full-fledged shopping mall with dining areas, corporate towers, a hotel and a convention center. Its high-tech parking facilities can accommodate up to 3,500 vehicles.
The three-story, 45,000-square-meter mega mall is an important success story for the country. It has attracted international brands like Cinemark and Zara to Paraguay for the first time and, with its 140 international and national brands and a wealth of shopping options, the mall has become a family gathering spot for locals and a mustsee destination for visitors. Its entertainment areas include movie theaters, Mundo Cartoon Network playground and 14 restaurants within Terrazas del Paseo.
Torres del Paseo, a pair of 25-story buildings, houses the country’s most prestigious international and national companies. Towering over each side of the mall, each Torre offers an average of 780 square meters of space per floor and a modular office system, providing immense flexibility for corporate office space.
In October 2017, De Las Torres Hotel opened with 50 rooms, and in December 2017, its convention center, Salón Bicentenario, opened for business. The center can host five events at a time, offering seating for 1,800. Together the hotel and convention facility add yet another dimension to Asuncion’s thriving business and entertainment hub. A new and modern hub of the city, it is a mere 15-minute drive from the international airport, and is nestled between numerous up-and-coming residential and commercial real estate projects.
More than an architectural marvel for Paraguay, Paseo La Galería is a source of pride for its citizens and a destination worthy of international attention. Financed by Guatemalan investor Mario Lopez, this emblematic venture serves as both an icon and a catalyst for further investment in Paraguay.