In Moscow in 2023 -2024 around 300 thousand sq . m of commercial real estate is planned to be opened the trend to reduce the area will also continue , and the primary locations are the transport hub and residential areas . At the same time , the location for new facilities is becoming a key factor of its occupancy : facilities located closer to the subway find their tenants much faster , especially in residential areas on the outskirts of the city .
Which malls will open this year
Moscow plans to open several malls : West Mall in the Ochakovo- Matveevskoe district ( total area of about 28 sq . m , rentable area — 15 270 sq . m ), Chkalov in the Basmanny district ( total area — more than 17 thousand sq . m ), “ Afimoll Tverskaya ” on the square of the Belorussky railway station in the Begovaya district ( total area — 29,100 sq . m , rentable area — 14 700 sq . m ), shopping center “ Liner ” in Vatutinki ( total area — more than 14 thousand sq . m , rentable area — more than 10 thousand sq . m ) and a shopping center in the Prokshino business district in New Moscow with a total area of 9 thousand sq . m .
It is important to note that about 70 % of the areas at the construction stage is represented by the trade component as part of the transport hub and facilities that will be opened as a part of the reconstruction of former movie theaters under the “ Mesto Vstrechi ” ( meeting point ) brand . This year , ADG Group plans to put into operation 9 facilities in different Moscow districts . Apart from that , except for 1 – 2 projects , retail objects of the regional format predominate .
In St . Petersburg and its suburbs , it is planned to commission four new shopping centers with an area of 122.5 thousand sq . m .
These are “ Ecopark ” mall , the total area of which is 24 500 sq . meters , rentable area is 18 thousand sq . m ( located in Murino ), interior and furniture center “ Möbelburg ”, the total area of which will be 30 thousand sq . meters , rentable area will be 17 173 sq . meters ( located in the Krasnoselsky district ), “ Nebo ” mall with the total area of 38 thousand sq . meters and rentable are of more than 25 thousand sq . meters on the border of St . Petersburg and the Leningrad region , the second stage of the shopping center “ Parnas City ” with an area of 30 thousand sq . meters .
“ In other regions , people also prefer regional shopping centers . Last year , the share of small shopping centers
52 | SHOPPING CENTERS RUSSIA | МАЙ-ИЮНЬ 2023