Cc Modelia Photo Gallery

The primary catchment for CC Modelia includes 750,000 people within 5 km, featuring an average visitor age of 32 years and household size of 3.1 persons. Economic indicators show average monthly income at 2,500,000 COP, with unemployment at 9.5% and an economic index of 48 (New York=100). Consumer spending patterns indicate 1,200 USD annually overall, broken down to 250 USD on apparel, 600 USD on food and beverage, and 150 USD on home goods. Employment rate in the 5-10 km radius is 25%, suggesting moderate workforce stability that influences retail performance and potential sales volumes.

CC Modelia operates in a high-density retail market with five competing malls within 10 km, contributing to market saturation risks. Digital trends show 40% of sales shifting to e-commerce and 70% online engagement, pressuring physical retail.

Visitor preferences highlight gaps in family-friendly features like childrens play areas, diverse dining options including international and healthier choices, and trendy fashion such as affordable streetwear and sustainable brands. This competition underscores the need for differentiated tenant mixes to maintain footfall and dwell time amid broader Bogotá retail dynamics.

Annual footfall at CC Modelia totals 8 million visitors, equating to about 41,666 monthly, with high accessibility via public transport and 1,200 parking spots. Occupancy is strong at 93%, though 1,500 sqm remains available. Rent levels are set at 126,000 COP per sqm per year, with overall performance metrics at 15 million COP per sqm annually tied to traffic. Strengths include 30% visitor influx from marketing events and 90-minute average dwell time, while infrastructure is rated moderate and safety features are comprehensive with low crime. Potential drawbacks involve aging from 1963 build date and no announced expansions, impacting long-term adaptability.