Project Size: 255,520 sq. ft.
Details: Opened: 1994
Acquired: 2005
Plaza Isabela is a 255,520 square foot community center located on Highway 2 in Isabela, along Puerto Rico's northern coast approximately 55 miles west of San Juan and approximately 15 miles west of Plaza del Norte and Plaza del Atlántico, which are also owned by Developers Diversified.
Plaza Isabela is the dominant shopping center in the market by virtue of a lack of competition in the center's trade area, which extends along the northern coast and toward the western coast of the island, creating a regional draw.
Plaza Isabela's demographics are somewhat skewed due to the center's proximity to the Atlantic Ocean, however, it serves a 10-mile trade area of more than 226,550 people with an average household income of more than $31,700.
Plaza Isabela is anchored by Always 99, Caribbean Cinemas, Pep Boys, Co-op Isabela Supermarket and Walmart. The tenant mix within the balance of the shopping center features a tremendous selection of strong national, regional and local retailers, restaurants, and service providers including Claro, Ego Vanity Shoes, Foot Locker, Gamestop, Journeys, Kress, KB Importadora, Marianne, Pacific Sunwear, Payless ShoeSource, RadioShack, Sally Beauty, T-Mobile and Zales.