Guadalajara Consolidates Its Position as Latin America's Jewelry Capital
The inauguration of Select Centro Joyero strengthens Jalisco's leadership in the regional jewelry market.
1New Jewelry Hub Opens
Guadalajara has inaugurated Select Centro Joyero, the 14th specialized complex in the city's jewelry corridor. Spanning 4,300 square meters across seven levels, the facility hosts 110 brands specializing in jewelry, silverware, and watches. This development adds to a massive network of 1,600 sales points, reinforcing the city's status as a regional leader.
2Economic Impact and Employment
The project has successfully generated 500 direct jobs for the local economy. Its development required two years of planning and eight months of intensive restoration work on the building's facade and interior spaces. This investment underscores the continued growth of the jewelry sector as a vital component of Jalisco's broader economic landscape.
3Specialized Commercial Format
The center features a unique design with two levels for open retail, one for workshops, and four levels for private boutique stores. Director General José Palacios Peña noted that this layout provides the privacy and personalized attention required by high-end buyers, distinguishing the facility from other existing jewelry centers in the region.
4Jalisco's National Market Dominance
Jalisco currently produces 70% of all jewelry manufactured in Mexico. The sector supports over 20,000 direct jobs, with women occupying more than 70% of these positions. As the state's second-largest exporter, the jewelry industry remains a cornerstone of the regional export basket alongside footwear, textiles, and the robust local agro-industrial sector.
5Urban Renewal and Public Space
The project includes the creation of 3,500 square meters of public space on land formerly occupied by government warehouses. Select Centro Joyero invested 5 million pesos to transform this area at the intersection of República and Calzada Independencia, aiming to foster community interaction through cultural and recreational activities for all local citizens.
6Infrastructure and Accessibility
To improve urban connectivity, the development includes the installation of a MiBici cycle port, promoting non-motorized transport. While the facility remains public property, Select Centro Joyero is responsible for the ongoing cleaning, maintenance, and security of the area, ensuring the space remains well-preserved for public enjoyment and daily urban transit needs.
7Strategic Industry Integration
Local officials emphasize that 46% of the national jewelry value chain is concentrated within Jalisco. By integrating commercial infrastructure with public urban recovery, the city aims to maintain its competitive edge. This model demonstrates how private investment can effectively support public infrastructure while simultaneously strengthening the city's core industrial and commercial identity.
8Future Outlook for Guadalajara
The expansion of the jewelry corridor signifies a long-term commitment to maintaining Guadalajara as the primary jewelry hub in Latin America. By combining specialized retail formats with public space revitalization, the city continues to attract buyers from across the country, ensuring the sustained growth of its most iconic and profitable manufacturing sector.