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Centro Gran Caribe, Vega Alta, Puerto Rico Summary

Project Size: 420,000 square feet
Opened: 1987 first phase and 1999 the second phase
Acquired in August, 2007 by CCVA, Inc.
Type: Enclosed
Amenities: El Palmar Food Court and Caribbean Cinemas
Parking: 2,000 +
Traffic: 40,900

Centro Gran Caribe shopping center opened in November 19,  1987 under the name Plaza Caribe (North Phase)  and underwent remodeling and expansion in 1999 to add a new section called Centro Grand Caribe Sur (South Phase). On November 23, 1999, Centro Gran Caribe inaugurated its expansion, including a bridge that crosses Road 676 and joins the north and south sections of the shopping center. The enclosed bridge features glass walls and has a number of retail pushcartss and entertainment equipment.  Centro Gran Caribe’s south wing features a Big Kmart anchor store, and over 40 additional stores and El Palmar Food Court, which includes innovative architectural details. In addition, there are seven Caribbean Cinema theaters next to El Palmar Food Court.   Centro Gran Caribe shopping mall has 420,000 square feet of retail space, over 100 stores, modern architecture featuring high ceilings and skylights, over 2,000 parking spaces and 24-hour security service.

Property Owners

Since 2007, Centro Gran Caribe is owned and manage by CCVA, Inc. which form part of Centros Comerciales de PR, engaged in the business of leasing and managing shopping centers in Puerto Rico.
Centros Comerciales de PR also owned: Santa María Shopping Center in Guaynabo, Laguna Gardens Shopping Center and Villa Fontana both in Carolina, La Quinta Shopping Center in San German, Salinas Shopping Center in Salinas and  Monte Sol Shopping Center in Fajardo.

Location

Centro Gran Caribe is located along both State Road 2 and Road 676, at the intersection with State Road 678 in Vega Alta, Puerto Rico, eighteen miles west of San Juan. Situated on 27.5 acres, and is comprised of two phases, North and South, consisting of approximately 420,000 square feet of leasable retail area. The property offers convinent access fron the communities of Vega Alta, Corozal, Dorado, Manati, Morovis, Naranjito, Toa Baja, Toa Alta and Vega Baja. The arterial and local highway network focusing oF Centro Gran Caribe is such that this regional shopping complex can be conveniently accessed from all directions within its trade area.

Anchor Tenants

Big Kmart 108,258 SF
Vega Alta Cinemas (7 Screens) 30,652 SF
TGMaxx (April 2013) 22,042 SF

Jr. Anchor Tenants

Tiendas Capri 22,485 SF
Grand Store 11,261 SF
Walgreens of PR 8,249 SF

Outparcels

Burger King 2,300 SF
Chrch’s Chickien 2,000 SF

Food Court

Called El Palmar, the 11 – restaurant food court is located at the northwest corner of the South Phase. El Palmar was designed with a central customer seating area, surround by food outlet counters.

Hours

Monday – Thursday:
9AM – 7PM

Friday & Saturday:
9AM – 9PM

Sunday:
11AM – 6PM

Holidays (mall cerrado)

Año Nuevo
Día de Reyes
Viernes Santo
Pascua
Día de las Madres
Día de los Padres
Elecciones (cada 4 años)
Thanksgiving
Día de Navidad