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Risso Mall is a long-established neighborhood shopping center on Arequipa Avenue in Lima's Lince district.

Last updated August 26, 2026

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Overview

Risso Mall, also known in Spanish as Centro Comercial Risso, is a shopping center located on the twenty-second block of Arequipa Avenue in the Lince district of Lima, Peru. Inaugurated in 1968, it is one of the district's recognized commercial landmarks and has operated for more than five decades. The property is owned by Compañía Inmobiliaria Agrem S.A., while management has remained associated with the Risso family. The mall occupies land that was historically connected with the Hacienda Lobatón estate. The estate house belonged to brothers Roberto and Manuel Risso Diggione. During the late 1950s, Manuel Risso commissioned a project to transform the site into a modern commercial center, with architect Jacques Granadino Roberts responsible for the design. Construction began in 1966, and the completed center opened in 1968. Its first commercial lineup included department-store and retail operators such as Todos, Monterrey, Yompián, Labrousse, and Marcantonio, establishing the property as a significant local shopping destination. Risso Mall's history also reflects the political and security problems that affected Peru during the internal conflict. One of its Todos stores was firebombed by members of the Túpac Amaru Revolutionary Movement. The incident damaged the mall's commercial environment but did not end its operation as a neighborhood center. The property was modernized during the 2000s as Lima's retail market evolved. New tenants and attractions included Plaza Vea, Casino Fortuna, and McDonald's. Cineplanet added a cinema operation in October 2005, broadening the mall's entertainment offer and strengthening its role as a mixed retail and leisure destination. A further remodeling was completed in July 2017. Risso Mall's current positioning is primarily local and convenience-oriented rather than that of a national luxury destination. Its value proposition combines everyday shopping, food service, entertainment, and accessible urban location along a major Lima avenue. Publicly reported tenants and facilities have included a supermarket, cinema, restaurant, casino, and other retail businesses, although the tenant mix may change over time. In 2025, the mall's owners commissioned On Retail, a real-estate company focused on retail properties, to prepare a proposal for another expansion. The proposal indicates an intention to refresh or enlarge the asset while preserving its role in Lince's commercial landscape. Specific investment amounts, construction dates, and final project scope have not been publicly established in the supplied reference material.

History

Risso Mall developed from land associated with Hacienda Lobatón in what is now Lima's Lince district. The estate house was owned by Roberto and Manuel Risso Diggione. During the late 1950s, Manuel Risso initiated plans for a commercial center on the property, reflecting the wider modernization of Lima's urban retail environment. Architect Jacques Granadino Roberts was assigned responsibility for the design, and construction began in 1966. The completed center was inaugurated in 1968 under the name Centro Comercial Risso. Its opening tenant roster included Todos, Monterrey, Yompián, Labrousse, and Marcantonio. These early operators gave the mall a broad retail orientation and helped establish it as a commercial reference point on Arequipa Avenue. The property was subsequently owned by Compañía Inmobiliaria Agrem S.A., with the Risso family associated with its management. The mall's history unfolded against periods of substantial political violence in Peru. During the country's internal conflict, members of the Túpac Amaru Revolutionary Movement firebombed the Todos store located in the mall. The attack is part of the property's documented history, although the supplied sources do not provide detailed information about the extent of the physical damage or the interruption to operations. Risso Mall was remodeled during the 2000s to update its facilities and attract newer forms of retail and entertainment. Plaza Vea, Casino Fortuna, and McDonald's became part of the mall's newer commercial mix. Cineplanet opened a cinema there in October 2005, adding a major leisure component to the property and reinforcing its role as more than a conventional retail arcade. The center underwent another remodeling in July 2017. A serious criminal incident occurred on January 9, 2020, when textile merchant Isaac Hilario Huamanyalli was shot and killed while eating at the mall's McDonald's. Two Venezuelan suspects were identified and captured by police two days later. According to the investigation described in the reference material, the homicide was associated with a conflict between criminal gangs and allegations that the victim had been connected to a prostitution ring. This event was a security incident affecting a venue within the mall, rather than a corporate scandal attributed to the mall's ownership or management. In 2025, On Retail was commissioned to prepare a proposal for another expansion on behalf of the owners. The proposal suggests that Risso Mall remains an active commercial asset and that its owners are considering further investment in its physical footprint or tenant proposition. The supplied sources do not establish whether the plan received final approval, its projected cost, or a construction timetable. Overall, Risso Mall's historical identity is that of a durable, locally embedded Lima shopping center that has repeatedly adapted its tenant mix and facilities while retaining its connection to the Lince district.

  • 2025

    Expansion proposal commissioned

    [1]

    On Retail was engaged to prepare a proposal for a further expansion of the mall.

  • 2017

    Further remodeling completed

    [1]

    The property underwent another remodeling in July.

  • 2005

    Cineplanet opens

    [1]

    A Cineplanet cinema opened at the mall in October, expanding its entertainment offer.

  • 1968

    Risso Mall inaugurated

    [1]

    Centro Comercial Risso officially opened on Arequipa Avenue in Lima's Lince district.

  • 1966

    Construction begins

    [1]

    Construction of the planned commercial center began on the former Hacienda Lobatón site.

Products and positioning

A long-established, locally recognized shopping and entertainment center serving residents and visitors in Lima's Lince district.

  • Supermarket

    Plaza Vea

    A supermarket-format anchor serving grocery, household, and everyday-consumption needs. Its presence broadened Risso Mall's appeal beyond discretionary shopping and helped support regular neighborhood visits.

  • Cinema · 2005

    Cineplanet

    A cinema operation that opened at Risso Mall in October 2005. The venue added film exhibition and leisure activity to the center's retail and food-service mix.

  • Restaurant

    McDonald's

    A fast-food restaurant reported as part of the mall's modern tenant mix. The supplied historical material does not specify its opening date or current operating status.

  • Casino and entertainment

    Casino Fortuna

    A casino and leisure operation introduced during the mall's 2000s modernization period, contributing an adult-oriented entertainment component to the center.

Brand decisions

  • 2025

    Further expansion planningStrategy

    Background

    The owners considered additional development of the established Lince shopping center.

    Action taken

    On Retail was commissioned to prepare an expansion proposal.

    Aftermath

    The proposal indicates continuing investment interest, but approval, timing, cost, and final scope were not specified in the available material.

  • 2017

    Another mall remodelingGeneration change

    Background

    Risso Mall required continuing physical updates to remain relevant within Lima's changing retail environment.

    Action taken

    The property was remodeled in July 2017.

    Aftermath

    The remodeling continued the mall's pattern of periodic modernization, although the supplied sources do not describe its exact scope.

  • 2005

    Addition of Cineplanet cinemaProduct launch

    Background

    The mall's modernization program sought to diversify its offer with entertainment as well as retail and food services.

    Action taken

    Cineplanet opened a cinema at Risso Mall in October 2005.

    Aftermath

    The cinema strengthened the mall's position as a combined shopping and leisure destination.

  • 1966

    Development of a commercial center on the Risso estate siteStrategy

    Background

    The former Hacienda Lobatón estate site was selected for conversion into a shopping center during Lima's postwar urban and commercial development.

    Action taken

    Manuel Risso Diggione commissioned the project, and architect Jacques Granadino Roberts designed the center. Construction started in 1966.

    Aftermath

    The project culminated in the mall's inauguration in 1968 and established a durable retail landmark in Lince.

Sources2 sources

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