Value Retail invertirá 106 millones en ampliar Las Rozas Village

Value Retail plans to invest 106 million euros in expanding Las Rozas Village, a luxury retail complex located north of the Madrid region. The British giant aims to increase the space and services offered at the multi-brand shopping center, which currently houses over 100 boutiques and employs 1,400 professionals.

The 29 new boutiques and a subterranean parking lot are scheduled to be completed in two phases. The first phase, including the new stores and part of the underground parking, is set to be finished by September 2028. The second phase, which will complete the underground parking infrastructure, is expected to be finished by November 2029.

After the renovation, Las Rozas Village will surpass 21,000 square meters in area and will have 133 commercial units. Value Retail estimates that the expansion will create around 350 new jobs in areas such as retail, visitor services, and managing Las Rozas Village experiences, in addition to other associated services.

The expansion will also strengthen the store offering with Spanish and international luxury brands, as well as premium services. This includes the expansion of the private club The Apartment and the addition of eight new salons for personalized fashion advice. A service to help visitors shop without carrying their bags will also be available.

The project will also add 1,048 new underground parking spaces, increasing the total capacity to 2,398. Additional facilities include a new restaurant and areas dedicated to employee well-being. Las Rozas Village is one of several shopping centers operated by Value Retail in Europe, China, and the United States, including Bicester Village in London, Kildare Village in Dublin, La Vallée Village in Paris, Maasmechelen Village in Belgium, Wertheim Village in Frankfurt, Ingolstadt Village in Munich, Fidenza Village in Milan, Shanghai Village and Suzhou Village in China, and Belmont Park Village in New York.