Shopping Center Punta del Sol, Dead mall in Rancagua, Chile

Shopping Center Punta del Sol was a retail complex in Rancagua built with a Z-shaped floor plan to accommodate major stores at both ends. The facility housed numerous shops, dining options, and entertainment venues within its multi-level structure.

The center opened in 1990 as the first shopping mall outside Santiago, backed by local investors. It closed after 9 years when competition from other retail developments made it unsustainable.

The mall's name came from its location on the northern edge of Rancagua, and its Z-shaped plan placed the only department store, Michaely, at the east end. A cinema doubled as a theatre, and a Pizza Hut sat alongside a food court and an 85-unit retail gallery. Its failure is tied to the absence of large department store chains, which instead opened downtown, and to the 1998 opening of Mall del Centro Rancagua.

The site on Rancagua's northern periphery now operates as Rancagua Outlet Mall, which opened on 23 September 2025 after the Dib family acquired and renamed the complex. Access is by road from the city centre; the original Z-shaped layout and the east-end Michaely department store space remain part of the structure.

The building was designed by architect Jaime Bendersky, who also created the notable Mall Parque Arauco, using advanced construction techniques for its time. The complex exemplified modern retail design principles of the early 1990s in Chile.