Jornal Madeira reports that the iconic La Vie Shopping Center is set to be renamed to Plaza Center Madeira following the management entry of MultiPortugal. This renaming is scheduled to take place within the current year.
Shopping Mall is Serving Customers Since 2007
Situated in Sé Funchal, the La Vie shopping center first welcomed shoppers in 2007, originally named Dolce Vita Funchal with construction costs reaching 67 million euros.
The transition to the name La Vie occurred in 2015. Due to its central location, it is widely considered the most important Shopping Center in Madeira, together with Madeira Shopping (2001) and Forum Madeira (2005).
Spread across three floors, the shopping center accommodates 71 shops within an expansive leasable space of nearly 16,000 square meters. The attached parking facility caters to 900 cars. Notably, in 2008, La Mall earned the prestigious title of "Best Business of the Year: Trade" at the Real Estate Oscars, bestowed by the Real Estate Magazine.
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