In addition to sugar production, and left with copious amounts of leftover post-processing sugarcane, Hacienda Santa Catalina also produced rum, as well as cultivated many fruits.

[5] In April 1997, Vornado Realty Trust announced that it would acquire Kmart's 50% interest in the then-Caguas Centrum, as the center was previously known, which was currently under construction.

[6] On December 4, 1997, after development by Manley Berenson and Yebba Realty Ventures, Las Catalinas Mall officially opened with 80 stores and 3,000 parking spaces.

It also featured a food court, “El Trapiche.” The mall was built with the purpose to serve the surrounding communities, but its variety of businesses lead it to become a regionally popular destination.

The food court and restaurant options included El Mesón, Hot Potato, Howard Johnson's, KFC, Quiznos, Taco Bell, Wetzel's Pretzels, and more.

These additions complimented the mall's variety, and would help to enhance the status of Las Catalinas as a top regional shopping destination.

[26] On October 25, 2023, Sector Sixty6, an entertainment center, taking up the space of the former Kmart at the mall, would officially debut at a cost of $22 million.

[30] On May 2, 2024, it was reported that Ross Dress for Less would officially be opening at the mall, taking over the former space of the Sears store which sat vacant since 2021.