MEGAMAG Shopping and Entertainment Center

MEGAMAG Shopping and Entertainment Center

Investment project:  Shopping and entertainment complex " MEGAMAG ".

Organization: LLC Megamag.

Head: Polevichenko Valentina Mikhaelovna (CEO).

Shopping and entertainment complex "MEGAMAG" is located in the southern part of the city on the left bank of the river Don. Convenient location near the city center and easy access to transportation, make it attractive for the residents of Rostov and south of the region. Anchor tenants TRC: Auchan, Decathlon, M. Video.

TRC "MEGAMAG" is located in the territory, which is being actively developed. In the immediate vicinity is building a multi-level interchange, which will connect the mall with two bridges over the Don, the new stadium of the FIFA-2018 and the M-4 "Don". The first phase of the SEC "MEGAMAG" successfully operates in the construction of the second stage is currently underway.

What start date/date of completion of work on the project?

The first stage of "MEGAMAG" has been put into operation in 2009.

The beginning of building of the II turn 1 quarter 2015 – the end of construction the 2nd quarter 2017. 

What has served as idea or a starting point at implementation of this project?

The developer of the project - Edinstvo concern, perhaps, the first has estimated prospects of left-bank part of Rostov-on-Don. Broadcasting Company of "MEGAMAG" became the first large project built in this district of the city. The purpose of the company was to provide the center of Rostov and the nearby cities with qualitative floor spaces and a possibility of leisure.

What objectives managed to be achieved implementation of this project?

Broadcasting Company "the MEGAMAGICIAN became popular and has got a huge number of visitors which constantly grows. Still it is the only Broadcasting Company in the southern part of the city. "MEGAMAG" has success in inhabitants of the center of Rostov, and also the next cities of Bataysk, Azov and other settlements with a total number more than 250 thousand people. The project has the high social importance. Realization of the first stage has allowed to create about 1000 new workplaces. The second turn will be able to create 1350 more. It gives the additional grounds for further development of our shopping center.

What type of the state support has been rendered to you also her size?

  1. A subsidy for compensation of part of expenses on payment of percent on the attracted loans obtained on the investment purposes including an innovative orientation - 5 000 000,00 rubles without the VAT
  2. A subsidy at the expense of funds of the regional budget for compensation of part of costs of connection (technological accession) of a capital construction project "Shopping center and objects of engineering support on Poymennaya St., 1 on the Left coast of river. The house in an industrial zone "Ladle" - 1 520 123,00 rubles.

Describe stages of development of your project.

The first stage of "Megamag" has been put into operation in 2009, now its area makes 40,3 thousand sq.m.  

What difficulties arose at implementation of the project what has helped to cope with them?

At implementation of the project the company has faced a number of complex technical challenges. For example, lack of power supply in this area. The solution has been found in application of innovative technologies. The first stage of a complex is equipped with the cogeneration installation allowing to receive other types of resources from gas.

What payback period of your project?

7 years.

Tell about your current projects and plans for the near future.

Positive dynamics of work of the first stage of Broadcasting Company has allowed us to begin building of the second turn in 2015. After implementation of the project the total area of Broadcasting Company of "MEGAMAG" will make 110 thousand sq.m. Here the fashion-gallery, a big entertaining zone, including multiplex movie theater and the food court will be placed.

Information posted 21.03.2017
Information changed 20.11.2018