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Centro Sambil

Coordinates: 10°14′20″N 68°00′01″W / 10.23889°N 68.00028°W / 10.23889; -68.00028
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Centro Sambil in Caracas

Centro Sambil Caracas, located in Caracas, Venezuela, is the sixth largest shopping mall in South America. It was completed in 1998 and has over 500 stores in approximately 3 million square-feet (250,000 square metres). The mall has five levels: Autopista, Libertador, Acuario, Feria, and Diversión. There are other Sambil malls located in Valencia, Margarita, Maracaibo, San Cristóbal, Barquisimeto, Paraguaná, Santo Domingo, Curaçao and Madrid.

The mall is owned by Constructora Sambil, run and owned by the Salomon Cohen Levy family. Alfredo Cohen is the director.[1]

A second mall was planned for Caracas under the name "Centro Sambil La Candelaria." However, in December 2010, just before the building was inaugurated, the Venezuelan government, under President Hugo Chávez, confiscated the building without compensation while citing concerns with congestion.[2][3] As of October 2019, the building remained unfinished, dismantled and unoccupied.

See also

References

  1. ^ Kennedy, Alex (2 January 2007). "Chavez Policies Fuel Venezuelan Shortages, Driving Up Inflation". Bloomberg. Retrieved 6 May 2011.
  2. ^ Pearson, Tamara (4 November 2010). "Venezuelan Government Expropriates Major Shopping Mall". VenezuelAnalysis.com. Retrieved 17 February 2014.
  3. ^ Unknown US official (2008-12-23). "Chavez Orders the Expropriation of Jewish-Owned Mall Under Construction". WikiLeaks. WikiLeaks cable: 08CARACAS1765_a. Retrieved 2014-02-17. {{cite journal}}: Cite journal requires |journal= (help)CS1 maint: url-status (link)

10°14′20″N 68°00′01″W / 10.23889°N 68.00028°W / 10.23889; -68.00028