US$50M Chateau Margot Mall 55% complete, on track for 2027 opening

The Chateau Margot Mall and Lifestyle Centre on the East Coast Demerara corridor is now 55 per cent complete, one year after construction officially began, with the ANSA McAL Group investing close to US$50 million in the project.

The development, which is expected to be completed in 2027, is located approximately 15 kilometres from Georgetown, alongside the historic Chateau Margot Chimney.

According to the company, the mall will provide approximately 120,000 square feet of space for retail businesses, restaurants, and service providers. Structural works are well advanced, with the construction phase already generating hundreds of jobs. Additional permanent employment opportunities are expected when the facility becomes operational.