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IRSA Confirms Distrito Diagonal Will Open Mid‑2027

IRSA's return to greenfield mall building will anchor a US$220 million masterplan reshaping a key La Plata corridor.

Overview

  • The company confirmed Wednesday that the shopping center phase will open in mid‑2027 and that construction is about 50% complete with roughly 400–420 workers on site.
  • The mall will offer about 22,000 m² of retail across two levels, roughly 100 stores, 700 parking spaces, seven cinema screens and an 1,800 m² entertainment area, with some 8,000 m² of plazas and mostly open‑air circulation.
  • Commercial leasing has begun but no major brands have been publicly announced; IRSA says it is negotiating with large tenants and plans a mix of international, national and local operators aimed at a mass‑market profile.
  • Distrito Diagonal is the first phase of a 15‑lot masterplan valued at US$220 million, with US$60 million for the mall and follow‑on residential, office, hotel and institutional buildings expected to be developed in phased stages about three years after the mall opens.
  • IRSA projects roughly 600,000 monthly visits and 1,000–1,200 direct and indirect jobs once running, and the developer will deliver off‑site utility works that could alter local water and power supply for neighboring areas.