Mall Paseo Costanera, Commercial center at Puerto Montt seafront, Chile

Mall Paseo Costanera is a shopping centre built mainly of reinforced concrete combined with wood, standing on the site of Puerto Montt's former railway station. It has 212,000 m² of built area across seven commercial floors, plus the 19-storey Torres Costaneras, a seven-floor Novotel and parking for 1,900 cars. Its anchors are Falabella, Ripley, París, La Polar, H&M, Hites and Corona, alongside some 180 other shops, a Unimarc supermarket, a Smart Fit gym and nine Cinépolis screens.

Mall Paseo Costanera opened in 2001 on the grounds of Puerto Montt's old railway station, demolished in the late 1990s. It began with 60,000 m² and grew to 135,000 m² between 2005 and early 2008, then gained a further 82,000 m². A 2016 expansion added three anchor stores, a new food court and nine cinemas, inaugurated in 2019.

The mall occupies the grounds of Puerto Montt's former railway station, demolished in the late 1990s; the station's role as the city's arrival point passed to this commercial site. Its anchor stores trace the same period: Falabella opened with the mall in 2001, Ripley and París in 2005, Hites and H&M in 2019.

The mall has a private car park for 1,900 vehicles and sits on the Puerto Montt waterfront, on the grounds of the former railway station. It is laid out over seven commercial floors, with the Costanera office towers and the Novotel above; the food court and the nine Cinépolis screens are in the 2019 expansion. A pedestrian passage is planned to link the two buildings.

The mall stands on the grounds of Puerto Montt's old railway station, demolished in the late 1990s; the Pasmar group built and still operates it. Its 212,000 m² make it one of Chile's largest malls, and a 145-metre tower under construction would be the tallest building outside the Santiago metropolitan region.