Madrid Sur shopping center in Puente de Vallecas is nearing a major relaunch, with construction in its final stretch and more than 85% of its retail space already committed to tenants. The redevelopment will triple the center’s commercial area and is scheduled for completion in October, information from the project’s construction timeline. The center is at Avenida Pablo Neruda, 91, in Puente de Vallecas.
Revista Centros Comerciales reports that 20,072 square meters of a total 23,676.8 have already been leased, pointing to strong demand from national and international brands. The high occupancy rate, reached before the last scaffolding comes down, reflects the project’s momentum and major retailers’ confidence in the renewed complex.
Expanded Spaces and New Design
The overhaul of Madrid Sur goes beyond adding square meters. The center is being redesigned to shed its old, enclosed image and become a more open, accessible part of the urban field near the Asamblea de Madrid. Plans include dynamic corridors and outdoor terraces with panoramic views of the Madrid skyline. Plaza Unión is planned as a semi-open social hub and neighborhood gathering point.
The changes aim to make Madrid Sur more than a place to shop. Terraces and open spaces are designed to encourage visitors to linger with friends and enjoy leisure time, reflecting a broader shift in how shopping centers are used in Spanish cities.
Confirmed Brands and Retail Mix
The tenant lineup focuses on high-traffic, value-oriented retailers and popular food outlets. Confirmed brands include:
- Pepco, opening its 4,000th European store in the complex
- Terranova, launching its largest location in Spain
- Kiabi, preparing to open in the expanded area
- Action, taking a prominent spot in the new Plaza Unión
- McDonald’s with an outdoor terrace, and 100 Montaditos at the basic entrance
- Other existing or mentioned retailers, including Game, Carrefour, Kiwoko, a pharmacy, Décimas, INSIDE, and Dreamfit
Action’s Madrid Sur store opened on 30 July 2026 at Avenida Pablo Neruda, 91, marking a concrete key stage in the center’s rollout. Moncloa.com, citing Madrid Informa and Revista ARAL, reported the opening and said Action’s wider assortment includes 1,500 products priced below €1. That figure refers to the retailer’s general range, not a stock count for this branch. The arrival of the value-focused retailer fits the center’s stated emphasis on high-volume operators.
This mix is intended to meet everyday needs, from fashion and home goods to dining and services, while also drawing visitors for leisure and socializing. Established chains and new arrivals reflect the center’s ambition to become a basic destination in southeast Madrid.
Why 85% Occupancy Matters
Securing more than 85% occupancy before completion is a impressive key stage for Madrid Sur. With 20,072 square meters already leased, the project points to strong market interest and gives the center a foundation for its relaunch. That level of commitment stands out in Madrid’s competitive retail space market.
The change also changes how the space is used. The new layout prioritizes open walkways and exterior areas, with places where people can stay instead of simply shopping and leaving. This approach aligns with changing consumer habits and growing demand for multi-purpose urban spaces.
Energy Efficiency Upgrades
The redevelopment includes bioclimatic and energy-saving measures. After a comprehensive energy audit, large-scale photovoltaic solar panels were installed on the roofs, and outdated climate control systems were replaced with high-efficiency chillers. The upgrades are intended to reduce the center’s environmental footprint and operating costs, in keeping with broader trends in sustainable urban development.
What Locals Can Expect
For residents of Puente de Vallecas and the surrounding area, Madrid Sur’s reopening will bring new features, including Plaza Unión and outdoor terraces, along with a redesigned central entrance and a diverse range of shops and services. With brands such as Pepco, Action, Kiabi, Terranova, McDonald’s, 100 Montaditos, Game, Carrefour, Kiwoko, Décimas, INSIDE, Dreamfit, and a pharmacy, the center is set to offer daily essentials, fashion, dining, and leisure options.
As construction enters its final phase, Madrid Sur is positioning itself as a modern, open retail destination with social spaces, reflecting the changing needs and habits of Madrid’s urban communities.
