Thor strikes in Mexico with 6m sq ft developments

Thor strikes in Mexico with 6m sq ft developments

Thor Equities Group and Thor Urbana are launching in October and November four new projects in Mexico, totalling approximately six million buildable sq ft.

The Harbor Mérida, a new lifestyle retail and entertainment centre encompassing approximately 1.65 million square feet, officially opened on 19 October. The project features more than 120 commercial stores from such international and local companies as Sephora, Forever 21, Steve Madden, Under Armour, Innovasport and Miniso.

Montage Los Cabos, a seaside destination with 122 hotel rooms and 52 luxury residences, debuted on 2 November. The resort’s location, including 39 acres on the white sand beach and azure waters of Santa Maria Bay, features spectacular views and immediate, walk-in access to the finest swimming, diving and snorkelling in the region.

On 9 November, Thor Urbana will open Town Square Metepec, a lifestyle retail centre totalling over 1.7 million buildable square feet. The property is located in the residential area of Metepec, one of the fastest growing regions in the State of Mexico. With distinctive architecture and an innovative design, it features international brands as well as national retailers, restaurants and entertainment stores that will transform the lifestyle of the area; they include Forever 21, Old Navy, Flexzone, Bimba y Lola, Pandora, Swarovski, MAC Cosmetics, Lacoste, Kipling, Under Armour, and many others.

In addition, The Landmark Guadalajara, a mixed-use development comprised of more than two million square feet of retail, office space and luxury residences, is launching on 22 November. The property is located in the Puerta de Hierro district, the most exclusive and prestigious neighbourhood in the state of Jalisco, Mexico.

“We continue to believe strongly in the performance of commercial, hotel and mixed-use properties in major cities and tourist destinations in Mexico and elsewhere in Latin America, particularly emerging areas where we see an opportunity for significant long-term growth,” says Joseph Sitt, Chairman of Thor Urbana and Thor Equities Group.

“We are extremely proud to be able to offer the best brands, dining options and family entertainment experiences. We constantly strive to provide the finest entertainment options to help create unique experiences, allowing us to become a new focal point for social interaction, business and entertainment for our local and foreign visitors alike. We will be the entertainment and lifestyle centre for the whole family,” says Thor Urbana.

Source: Property Funds World

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