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CC Jardines Llanogrande is an open-air lifestyle center in Llanogrande, Rionegro, Antioquia, Colombia, at Km 8 via Rionegro. Developed with a US$30 million investment and opened in 2020, it covers 35,000 square meters built area, with 12,000 square meters leasable and 2,000 square meters dedicated to green spaces. As the first such venue in Oriente Antioqueño, it serves local needs for entertainment, dining, and services, reducing trips to Medellin.
Tenant mix prioritizes gastronomy (30% of space), health and wellness (Clinica Somer, Prive Beauty), retail (Carulla supermarket, Triamonto fashion), and family activities, including pet-friendly zones and events.
Market position leverages regional growth near Jose Maria Cordova Airport, targeting middle-upper class demographics. Leasing benefits include 90%+ occupancy, projected 400,000 monthly footfall, and rents of 100,000-120,000 COP per square meter monthly.
Accessibility via highways supports traffic, but competition from Complex Llanogrande and Medellin malls poses risks, alongside potential economic volatility in tourism-driven area.
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Hours of Operation
Hours
| Monday | 10:00 AM — 09:00 PM |
| Tuesday | 10:00 AM — 09:00 PM |
| Wednesday | 10:00 AM — 09:00 PM |
| Thursday | 10:00 AM — 09:00 PM |
| Friday | 10:00 AM — 10:00 PM |
| Saturday | 10:00 AM — 10:00 PM |
| Sunday | 11:00 AM — 08:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Footfall
Rionegro has about 140,000 residents, with Oriente Antioqueño drawing affluent families (income 5-15 million COP monthly) due to airport proximity and residential boom. Center targets ages 25-55 focused on wellness and leisure. Estimated footfall of 400,000 monthly aligns with regional retail averages, boosted by events and outdoor features. Challenges include seasonal tourism fluctuations affecting consistent traffic.
Tenant Mix and Occupancy
Mix features anchors like Carulla (grocery), Clinica Somer (health), restaurants (Parmessano, Candilejas), fashion (Al Torno, Deluxe), and services (Yamaha). Categories: 30% food/beverage, 25% health/beauty, 20% retail, 25% entertainment/services. Occupancy exceeds 90%, indicating strong demand in underserved local market. Drawbacks: Limited anchor department stores may cap sales in apparel; dining saturation risks from nearby venues.
Lease Terms and Market Risks
Typical terms: 100,000-150,000 COP/sq m/month canon plus 40,000-50,000 COP/sq m admin, 3-year minimum, IPC+2% escalations. Advantages: Competitive rates vs Medellin (20-30% lower), high stability from low vacancy. Risks: Competition from larger malls like Oviedo (30 min away) erodes capture; access issues from highway congestion; emerging saturation in wellness amid 5% annual retail growth in Antioquia.
Building Details
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City Snapshot
Rionegro
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City Snapshot
Rionegro
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