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Albrook Mall is a large shopping mall and leisure complex located in Panama City, Panama. As of July 2022 it was the 25th largest mall in the world and second largest in the Americas. [3] The mall was opened in 2002 on the site of Albrook Air Force Base, which had been a United States Air Force base in the former Panama Canal Zone. [4]
PriceSmart opens eight club stores (Dominican Republic, El Salvador, Honduras, two in Costa Rica, Panama, Guatemala, Trinidad) Licensees open one club store (China) PSMT Philippines created as a joint venture with S&R Membership Shopping, with PriceSmart holding 60% ownership 2001
Starting in 1970, when Panama became an international banking center, more companies established themselves in the free zone, and in 1988 its area expanded to almost 300 hectares, becoming the largest free zone in the Western Hemisphere and the second largest in the world. following Hong Kong.
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Developers have started construction for Panama City Centre, a shopping center that will include a Publix location and more businesses along U.S 231.
In 2009, the Multiplaza Panamá, designed by Ricardo Legorreta, was awarded the gold medal in the category Development and Design by the International Council of Shopping Centers. [ 4 ] The first H&M store to open in Panama was in September 2021 at a Multiplaza mall.