Despite long recession, Puerto Rico prepares for opening of region's first luxury mall

March 26, 2015 4:52 AM

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Despite long recession, Puerto Rico prepares for opening of region's first luxury mall

In this Monday, March 23, 2015 photo, a man uses an escalator inside Saks Fifth Ave, in the newly built, The Mall of San Juan in San Juan, Puerto Rico. While a decade-long recession has forced many Puerto Ricans to seek a more affordable life on the U.S. mainland, some of the world’s priciest retailers are opening stores here at the new $475 million luxury mall built alongside one of the island's most crime-ridden public housing projects. (AP Photo/Ricardo Arduengo) (The Associated Press)

In this Monday, March 23, 2015 photo, customers order at the Habitant Restaurant inside Nordstrom, inside the newly built, The Mall of San Juan, in San Juan, Puerto Rico. Many Puerto Ricans do seem to have been busy shopping while the government struggles with $73 billion in public debt and U.S. inv...

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