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The Montehiedra Town Center was developed by Manley Berenson, [1] Yebba Realty Ventures, and the Kmart Corporation. It initially opened in 1994 with the anchor stores of Kmart, Marshalls and Builders Square. It also featured a Caribbean Cinemas and a Discovery Zone. [2] In 1997, Vornado Realty Trust would acquire the mall for $74 million. [3]
Caribbean Cinemas is a chain of movie theaters in Puerto Rico and the Caribbean.It is the only major chain in Puerto Rico following CineVista's bankruptcy. The chain has expanded into Dominican Republic, Panama, St. Thomas, St. Croix, St. Maarten, St. Kitts, St. Lucia, Antigua, Aruba, Trinidad and Tobago, Guyana, Curaçao, Guadeloupe, Guatemala and Bolivia.
The Outlets at Montehiedra, developed in 1994, is a one level enclosed mall with over 100 stores located within Caimito. Anchored by Home Depot, Marshall's and Capri, the Outlet also includes stores such as Nike, Old Navy and Gap. It includes a fourteen-screen theater by Caribbean Cinemas with IMAX, CXC and 4DX screens. [20]
The Caribbean Cinemas and mall entrance on the second floor. It is the largest shopping center in the Caribbean. [86] Plaza's Macy's was the first one to open in the Caribbean. [2] Plaza's Chili's is the highest grossing in the world. [87] It has the world's largest Romano's Macaroni Grill restaurant. [88] [89]
During this period, the number of multiplex theaters had increased substantially. The Company’s principal competitor, Caribbean Cinemas, a privately-owned company, had opened 11 complexes adding approximately 103 screens since the beginning of 1996, and was expected to continue to open theaters competitive with those of CineVista. These new ...
Plaza del Sol is a 728,546-square-foot (67,684.1 m 2) regional mall located in the city of Bayamón, Puerto Rico.The mall is anchored by a Caribbean Cinemas, Walmart, Burlington, H&M, Dave & Buster's and The Home Depot. [1]
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The Gallery at Gran Caribe was Puerto Rico's 20th largest shopping center, as reported in the Caribbean Business White Pages 2004 directory which was the investment company's first incursion into the local market. Thor Equities acquired the mall, originally called Centro Gran Caribe, in May 2004 from Decemcor for $61.5 million.