Malecón 2000 , one of the most extensive urban-renewal projects in South America, is made up of ponds, playgrounds, sculptures, gardens and river views. From its southernmost point at the Mercado Sur to Cerro Santa Ana and Las Peñas in the north, the malecón stretches 2.5km along the bank of the wide Río Guayas. It’s a gated, policed public space with restaurants, a museum, a performance space, an IMAX movie theater and a shopping mall.