Albrook Mall Explained

Albrook Mall
Location:Panama City, Panama
Coordinates:8.9746°N -79.5523°W
Address:Avenida Marginal Universidad Nacional de Curundu Albrook Local X-43
Opening Date:2002[1]
Number Of Stores:700[2]
Floor Area:380000m2

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] It is located beside the city's main bus station and the Marcos A. Gelabert domestic airport.[5]

The mall contains about 400 businesses and receives up to 50,000 visitors per day.[6] Approximately 25% of the visitors are foreigners.[7] The mall provides employment for around 10,000 people.[6] Businesses include a cinema, restaurants, supermarkets, clothing retailers, pharmacies, travel agents, hairdressers, fitness center, bowling, and children's play areas.[4]

On 13 March 2013, a fire broke out. While no one was injured, damage was caused to 60 shops, resulting in losses of approximately $ 15 million.[6] The damage was exacerbated by the lack of fire sprinklers, which had not been installed when the mall was opened, since they weren't mandatory at the time of construction.[6]

Notes and References

  1. http://laopinionpanama.com/nacional/sociedad/albrook-mall-cierra-sus-puertas-por-seguridad/ Albrook Mall cierra sus puertas por seguridad
  2. http://www.albrookmall.com/ Albrook Mall
  3. Web site: 15 Biggest Malls in the World. 26 August 2015. Insider Monkey.
  4. http://elpais.com/elpais/2014/08/29/eps/1409309057_953851.html El paraíso perdido del canal de Panamá
  5. Book: Woods, Sarah . 2009 . Panama . Bradt Travel Guides . 105 . 978-1841622606.
  6. http://impresa.prensa.com/panorama/Albrook-Mall-rociadores_0_3616138434.html Albrook Mall no tiene rociadores
  7. http://laestrella.com.pa/economia/mayor-competencia-malls-desafio-rentabilidad/23928992 Mayor competencia de ‘malls', un desafío a la rentabilidad