Lima‘s retail landscape is seeing continued investment as La Rambla San Borja unveiled a notable expansion to its shopping center last week. The newly added 2,200 square meters bring a mix of international and established brands to the popular San Borja district, responding to growing consumer demand [[1]]. This development follows projections of broader growth within Peru’s retail sector,with six new malls planned for Lima in 2025 alone [[2]] and [[3]].
La Rambla San Borja Expands Retail Space in Lima with New 2,200 m² Development
La Rambla San Borja has unveiled a new 2,200 square meter retail space in Lima, Peru, bringing a selection of established brands to the shopping center. The expansion, which opened on November 23, 2023, aims to enhance the shopping experience and cater to a wider range of consumer preferences.
The new area features stores from brands including Levi’s, Adidas, Skechers, Lacoste, and Crocs, according to company announcements. Additionally, the space includes the opening of a new H&M store, marking a significant addition to the center’s apparel offerings.
The development reflects a continued investment in the Peruvian retail sector, which has seen fluctuating growth in recent years. La Rambla San Borja’s expansion is positioned to capitalize on increasing consumer spending and demand for diverse retail options in the San Borja district.
The company stated that the new space was designed to create a more modern and convenient shopping environment. The project involved an investment of approximately $2.5 million, according to sources familiar with the development.
La Rambla San Borja anticipates that the new stores will attract a significant number of visitors and contribute to increased sales throughout the shopping center. The addition of these well-known brands is expected to strengthen La Rambla’s position as a leading retail destination in Lima.
