In April 2026, the capital of Ukraine is preparing to open one of the largest shopping and entertainment centers during the full-scale war — Ocean Mall. The launch of this facility has been postponed several times, but it is expected to begin operations soon. Ocean Mall is notable for its significant scale: the total area of the complex will be 300,000 square meters, of which 117,000 square meters will be allocated for lease. Additionally, 30,000 square meters is designated for the entertainment zone. Retailers are currently showing high interest in locating in this center.
This is reported by Business • Media
New Shopping Malls in Kyiv and Regions
Besides Ocean Mall, several modern shopping centers are announced to open in Kyiv in 2026. A Development company plans to launch two projects — White Lines and “Pasazh”. New shopping centers are also being presented by developers Taryan Group and bUd development, indicating a gradual recovery and development of the capital’s commercial real estate market.
Podolyany Mall in Ternopil — Innovations and Safety
In Ternopil, the largest local shopping mall “Podolyany” is preparing to open the second phase of the Podolyany Mall complex in April 2026. The first phase of the shopping center began operations back in 2007, and after the expansion is completed, the total area will increase from 50,000 to 71,000 square meters. The second phase is constructed as a separate building. A distinctive feature of the updated Podolyany Mall will be a modern anti-radiation shelter covering 3,000 square meters, capable of accommodating about 4,500 people. This will be the first large shelter of its kind in western Ukraine. Additionally, the project includes a solar power station that will provide up to 70% energy independence for the shopping center.
“One of the innovations of the facility will be the anti-radiation shelter covering 3,000 square meters, where about 4,500 people can be accommodated”.
Overall, in 2026, approximately 20 new shopping centers are planned to open across Ukraine. In comparison, only ten facilities opened in the previous year. At the same time, retail parks are becoming the most popular format of commercial real estate in the coming years. Their advantages include lower construction costs, rapid construction rates, and a short payback period for projects.