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Palacio de Hierro Reopens San Pedro Store After MXN 4B Renovation

After more than 20 years in San Pedro, El Palacio de Hierro reopened its store following a MXN 4 billion renovation that added more than 10,000 square meters.

Illustration for: Palacio de Hierro Reopens San Pedro Store After MXN 4B Renovation

El Palacio de Hierro reopened its San Pedro Garza García store after a MXN 4 billion renovation and expansion that added more than 10,000 square meters. Milenio and El Financiero both report the investment and expansion; Milenio says the sales floor now measures 32,745 square meters.

Milenio says the location is now the chain’s third-largest store in Mexico and has its largest luxury area outside Mexico City. The publication frames the expanded assortment and dining offer as a way to serve Nuevo León customers who might otherwise shop in the United States or Europe.

El Financiero’s De jefes column says the full inauguration is planned for April 2027, marking 20 years of the brand in Nuevo León; the project took 1,001 days of construction. That milestone remains ahead even as the store has reopened.

  • Location: Paseo San Pedro, San Pedro Garza García
  • Investment: MXN 4 billion
  • Added area: more than 10,000 square meters
  • Sales floor: 32,745 square meters
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Sources · 2 sources

The primary reporting behind this brief. Open in a new tab.

  1. Mileniomilenio.com
  2. El Financieroelfinanciero.com.mx