Business news from Ukraine

UKRAINIAN ALEXANDER GROUP PLANS TO BUILD LARGEST TRADE CENTER IN ZAPORIZHIA WORTH UAH 1.4 BLN

23 January , 2018  

Alexander Trading House LLC (Zaporizhia) plans to build a three-storey shopping and entertainment center with a total area of 104,000 square meters in the center of Zaporizhia.
According to the developer of the Delta Ukraine project, the center will be located near Pushkin Park in the central part of the city, the planned construction period is 36 months.
According to the project, one floor of the building will be used for food courts and an entertainment zone, two more floors for 300 stores.
The total investment in the construction will be about UAH 1.4 billion, one of the investors will be the co-founder of Alexander Group, Volodymyr Kaltsev.
According to Delta Ukraine, the investor expects to attract large international retailers to the shopping mall, in particular, Zara, Massimo Dutti, Stradivarius, Oysho, Armani Jeans, Calvin Klein, Gucci, and Baldinini.
The general designer of the project is Megaline, which built the Lavina Mall shopping center in Kyiv.
The project also provides for the reconstruction of Pushkin Park, investments in which will amount to about UAH 64 million.