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The Importance of Ground-Floor Retail in a Real Estate Project

The Importance of Ground-Floor Retail in a Real Estate Project

Las Arenas is a complex featuring 96 luxury apartments with 3 ground-floor commercial spaces. Among these retail units, the project includes:

  • A pharmacy already in operation, addressing all health-related needs

  • An OXXO convenience store, offering a wide range of everyday products

  • A restaurant/café, which is set to open very soon

The integration of retail spaces in a new residential development often raises several questions. Is it an added value for the project? 

The answer is YES. These 3 ground-floor retail units play a crucial role in the success and appeal of this project. Here are the main reasons why these retail spaces will have a positive effect on your investment:

1. Increased Attractiveness

More obvious point. Ground-floor retail not only attracts residents but also draws in visitors and tourists to the area. This makes the project more appealing to potential buyers and future tenants.
The higher the demand, the greater the value of the project will be.

2. Meeting the Needs of Residents

The presence of diverse commercial offerings, combining health services and dining options, adds significant value to the project.
Residents of Las Arenas will have access to essential services within walking distance, improving their quality of life by making daily necessities more accessible.

3. Enhancing Social Dynamics

These ground-floor retail spaces encourage interaction and help foster a sense of community. They serve as natural meeting points, promoting a sense of belonging and conviviality.
Additionally, their daily utility contributes to local economic vitality by attracting steady foot traffic from consumers.

4. Positive Impact on The Urban Environment

By integrating both residential and commercial spaces, reliance on cars is reduced, contributing to more sustainable developments.
The storefronts also enrich the urban landscape, making public spaces livelier and more engaging.

5. Contribution to Safer Spaces

Retail spaces generate constant foot traffic throughout the day, providing passive surveillance of public areas. This helps prevent the creation of “dead zones,” which can feel unsafe, especially at night.
The storefronts add light and dynamism, discouraging undesirable behavior within the residential complex.

6. Strengthening the Neighborhood Identity and Increasing the Value of Las Arenas

These high-quality retail spaces transform a real estate project into a vibrant destination where both residents and visitors want to spend time. This naturally enhances the image of the apartments, adding value in the eyes of prospective buyers and tenants.

In a project like Las Arenas, ground floor retail spaces go far beyond merely addressing practical needs: they serve as engines of urban dynamism, fostering a harmonious synergy between residential living and economic activities.

By creating a vibrant, attractive environment align with modern expectations, such as sustainable mobility, ecology and conviviality, they actively enhance residents ‘quality of life while boosting the overall value of the neighborhood.

Projects in Los Cabos that include ground floor retail spaces are relatively uncommon. For Las Arenas, this represents a significant advantage.

Real estate isn’t just business. It’s personal.

The Agency Baja is a full-service, luxury real estate brokerage and lifestyle company representing clients worldwide including single-family residential, new development, resort and hospitality, leasing and luxury vacation rentals.

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