Madrid Sur shopping centre in Puente de Vallecas is entering the final phase of a major redevelopment, which will bring its commercial area to 23,676.8 square metres by October 2026. The project is transforming an existing complex rather than building from scratch. Tenants have already secured 85% of the expanded retail space, equivalent to 20,072 square metres, leaving just over 3,600 square metres for future operators.
The redevelopment is proceeding in stages, allowing the centre to stay open throughout the works. Official information released on 18 June says there will be no single grand opening day. New shops and renovated areas are gradually opening as construction progresses. Work is scheduled for completion in October 2026.
Retail Growth and Sustainability
The expansion will triple the centre’s leasable area and double the variety of brands on offer. The project adds solar panels and energy-efficient cooling systems, while also upgrading the building’s wider energy infrastructure.
Instead of developing a new site, the project renews an established complex and connects it more closely with the surrounding urban environment. Phased construction allows business activity to continue while the centre is upgraded. The redevelopment is designed to create a more open, community-oriented space.
Current and Upcoming Tenants
Pepco and Terranova are already operating in the centre. Pepco marked its 4,000th European store at Madrid Sur, while Terranova opened its largest Spanish location in March 2026. McDonald’s reopened in a new unit in October 2025. Other current tenants include Carrefour, Décimas, Inside, Game, Kiwoko, Dreamfit and Domino’s. KFC is temporarily closed due to ongoing works.
Kiabi and Action are among the next arrivals, with Action linked to the new Plaza Unión area. The centre’s website also lists 100 Montaditos and MadridSur Bowling as upcoming openings. The official statement names La Ramona and Taco Bell as part of the expanded dining and leisure offer, alongside new food stalls and a major restaurant.
New Spaces and Community Focus
The redevelopment centres on three basic areas: the Central Entrance, with a mural by Siquier and new retail units; Plaza Unión, bringing together shops and restaurants, with terraces and sculptures by Hernán Marina; and Terraza Mirador, an open-air dining and leisure zone on the second floor. Together, these spaces are intended to take the centre beyond the closed-mall model and create a more accessible setting for socialising and community activity.
Location and Access
Madrid Sur is at Avenida de Pablo Neruda, 91, directly opposite the Asamblea de Madrid. The nearest Cercanías station is Asamblea de Madrid-Entrevías. Bus lines 57, 144 and N11 also serve the centre. Drivers can reach the mall via the M-30 (Méndez Álvaro) and M-40 (Avenida de la Albufera).
Madrid Sur’s change comes as the region sees new retail and leisure projects. The opening of a unique water coaster at Aquopolis Villanueva de la Cañada has also drawn attention to the changing mix of shopping and entertainment destinations near Madrid, as highlighted in recent coverage of new attractions in the area.
Madrid Sur’s redevelopment brings together sustainability measures and a phased approach to integrating the centre with the neighbourhood. Its tenant mix is designed to serve local residents and visitors. With completion approaching in October 2026, the centre is set to become a basic retail and social hub for Puente de Vallecas.
