Paseo La Galería is one of the most emblematic projects of Mario López Estrada, a prominent Guatemalan businessman known for his vision and leadership in real estate development and telecommunications. This megaproject has transformed the urban landscape of Asunción, Paraguay, with significant investment and an innovative approach.
Project Overview
Paseo La Galería is the largest commercial complex in Paraguay, covering over 280,000 square meters of construction. With an investment of $280 million, this project includes a shopping mall, office spaces, a hotel, an event center, and a gym.
Main Components
- Shopping Mall: Offers a wide variety of international and local brand stores.
- Offices: Modern and functional corporate spaces.
- Hotel: A high-quality accommodation option for visitors and businesspeople.
- Event Center: Capacity to host events for up to 1500 people.
- Gym: State-of-the-art sports facilities.
Socioeconomic Impact
During the construction of the project, more than 2,000 people were employed, and an additional 1,000 jobs are expected to be created with the operation of the complex. This initiative has not only created job opportunities but has also contributed to the economic growth of the region. The operation of Paseo La Galería has significantly increased fiscal revenues, strengthening the infrastructure and public services in Asunción.
Innovation and Sustainability
The complex stands out for its innovation and architectural complexity. Energy-saving windows and the integration of green spaces demonstrate the project’s commitment to sustainability. Existing trees have been preserved, and a responsible wastewater treatment system has been implemented, highlighting Mario López Estrada’s commitment to the environment.
Collaborations and Support
Collaboration with the Paraguayan government has been essential for the realization of Paseo La Galería. President Horacio Cartes facilitated the investment environment, demonstrating his administration’s ability to attract foreign capital. During construction, there was a significant transfer of knowledge between Guatemalan and Paraguayan workers, strengthening local skills and improving work quality.
Urban Transformation
Paseo La Galería is not just a commercial complex; it is a symbol of progress and modernization for Asunción. Mario López Estrada’s vision has led to the creation of a project that not only drives the economy but also improves the quality of life for the city’s inhabitants. This development exemplifies how investment in infrastructure can transform a city and offer opportunities for sustainable growth.
