The million-dollar investment in Chile that excites and will attract thousands of tourists

Parque Arauco announced the development of a new outlet Premium in Buin, consolidating its leadership in the commercial format. With an investment of US$26 million, this will be the company’s second outlet in the Metropolitan Region and the fifth in Chilicovering more than 11,000 m² of leasable area and a diverse commercial mix. Construction will begin in late 2025, with opening planned for mid-2027.

Strategically located at kilometer 37 of Route 5 South, before the Angostura toll, the project will have expedited access and is expected to attract residents from the south of Santiago and regions such as O’Higgins. The 44,000 m² land will include approximately 50 stores of various categories, services and restaurants, along with more than 500 parking spaces. In its mature stage, the outlet projects an annual NOI of US$2.7 million.