Costa Urbana Shopping

What Costa Urbana Shopping does

Costa Urbana Shopping is a private retail shopping center located at Av. Giannattasio Km 21 in Ciudad de la Costa, Canelones department, Uruguay. The asset spans more than 47,000 m2 of constructed space and houses over 120 commercial proposals, including fashion retailers (Allie, BAS, Carter's), a food court with 15+ gastronomic options and seating for 350+, a Life Cinemas complex with 4 cinema screens plus 1 theater screen, a VIAAQUA fitness and wellness center, a hypermarket anchor, and a hypermarket-scale tenant mix. Its distinguishing feature is the integrated Centro Cívico, hosting offices of ANTEL, BHU, BPS, BROU, BSE, DGI, Comuna Canaria, Catastro, Migración, and INEFOP, making it the only shopping center in Uruguay to combine government services with retail, dining, and entertainment under one roof.

The business operates a physical-retail, direct-to-consumer model and generates revenue primarily through rental income from tenants. The center offers free parking for more than 1,000 vehicles, family-oriented amenities (strollers, wheelchairs, outdoor play areas), accessibility via local bus connections, and digital engagement channels including an Instagram presence, a WhatsApp channel, a website with store directory and promotions, and a Survey Monkey-based customer feedback program. Customer-facing digital products include the Tarjeta Para Vos loyalty card (up to 20% discounts, QR redemption), the Vale Obsequio gift voucher program ($150–$20,000 denominations, 90-day validity, multi-store splitting across 50+ stores), the Costa Urbana Recicla sustainability initiative with ECOPUNTO collection points, and the Entrejuegos community program for adults aged 60+.

The company targets local residents of Ciudad de la Costa and surrounding Canelones, particularly families seeking a one-stop shopping, dining, entertainment, and civic-services destination. Founded in 2012, the operator reports 501–1,000 employees and operates as a private entity with no public listing, no parent company disclosed, and no funding rounds on record. The service area is single-country and single-asset, with the operating geography limited to Uruguay.

Name

Costa Urbana Shopping

Legal name

Costa Urbana Shopping

Website

https://costaurbana.com.uy

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Costa Urbana Shopping is a private retail shopping center in Ciudad de la Costa, Uruguay, offering over 120 stores, dining, cinema, fitness, and an integrated government civic center serving local families and Canelones-area residents.

Ownership category

akta.pro rank

Product category

Retail Shopping Center

NAICS

General Merchandise Retailers (455)

SIC

Retail-Department Stores (5311)

akta.pro primary industry

Regional Department Store–Anchored Multi-Category Retail (Store-in-Store) (CRAGAFAH)

Keywords

• Shopping center retail
• Mall property leasing
• Civic center services
• Entertainment dining complex
• Retail real estate

Headquarters

HQ city

Uyo

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Retail Rental Income: Shopping center generates revenue through renting retail space to various tenants including clothing stores, restaurants, services, entertainment (cinema, fitness), and government offices. Tenant mix includes fashion, food court, electronics, supermarkets, financial services, and public services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Costa Urbana Shopping operates a 47,000+ M2 retail shopping center in Ciudad de la Costa, Uruguay, leasing space to 120+ commercial tenants spanning fashion, food, electronics, supermarket, cinema, fitness, and government services. The complex uniquely integrates a Centro Cívico (Civic Center) housing multiple public offices, making it a one-stop destination combining retail, dining, entertainment, fitness, and government services under one roof. Revenue is generated through retail rental income from tenant leases.

Product overview

Costa Urbana Shopping is a retail shopping center located in Ciudad de la Costa, Uruguay, spanning over 47,000 m2 with over 120 commercial spaces. The mall integrates a Centro Cívico (Civic Center) as a unique feature in Uruguay, offering government public services alongside retail, gastronomy with 15+ food options, entertainment including 4 cinema screens plus 1 theater screen, and a hypermarket. Key proprietary services include the Tarjeta Para Vos digital loyalty card, Vale Obsequio gift vouchers, Costa Urbana Recicla sustainability program, and the Entrejuegos community activity program. The mall operates with an energy policy commitment focused on efficiency and sustainability.

Differentiator

Problem solved

Functional benefit

Products and services

• Centro Cívico

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Life CinemascoreOthersCinema complex located within the shopping center featuring 4 cinema screens plus 1 theater screen, providing entertainment options for visitors.
• VIAAQUAcoreOthersFitness center offering health, wellness, aesthetics, and relaxation services. Part of a network of innovative fitness centers.
• ANTEL, BHU, BPS, BROU, BSE, DGI, Comuna Canaria, Catastro, Migración, INEFOPcoreStrategic or Co-development PartnerGovernment offices located in the Centro Civico providing public services including telecommunications, banking, social security, tax services, and municipal services. This unique partnership makes Costa Urbana the only shopping center in Uruguay with integrated government services.
• Vale Obsequio participating storesminorGTM or Marketing PartnerOver 50 retail stores participate in the Vale Obsequio gift certificate program, allowing flexible gifting options for customers.

Scale indicators8 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• SONAE Sierra: Portuguese-Brazilian shopping center developer and operator. Comparable as a regional mall operator with mixed-use retail destinations, though primarily focused on Brazil and Iberia.
• Parque Arauco: Chilean-headquartered shopping center operator with major mall assets across Chile, Peru, and Colombia. Comparable as a leading regional mall operator with similar multi-category retail formats, though not directly competing in Uruguay.
• Cencosud: Chilean retail conglomerate with shopping center operations across multiple Latin American countries. Comparable as a multi-format retail real estate operator, though at a much larger scale and broader portfolio.
• Grupo Éxito: Colombian retail conglomerate with significant real estate and shopping center operations. Comparable as a multi-format retail operator in Latin America, though at much larger scale and broader scope.
• Multiplan: Brazilian shopping center operator with a large portfolio of malls. Comparable as a regional mall operator with similar multi-tenant retail formats, though focused on the Brazilian market.
• Falabella S.A. Chilean retail conglomerate with department store and mall operations across Latin America. Comparable as a multi-format retail real estate operator, though diversified across many markets and product categories.
• Ripley Corp: Chilean/Peruvian retailer with department stores and mall operations in the region. Comparable multi-format retail/entertainment operator, though focused on different national markets.

Direct peers

• Tres Cruces Shopping: Major shopping center in Montevideo, Uruguay. Direct geographic competitor in the Uruguayan market with a similar multi-category retail, dining, and entertainment offering format.
• Punta Carretas Shopping: Established shopping center in Montevideo, Uruguay. Direct competitor in the Uruguayan shopping center market, with a similar format combining retail, dining, and entertainment.
• Montevideo Shopping: Iconic shopping center in Montevideo, Uruguay. Direct competitor with a similar multi-category retail offering and similar middle-class customer base in the same national market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/p/DPpJ_kZAU7d
• Xx.com/costa_urbana

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Costa Urbana Shopping