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Mall of Montenegro

Retailer / private label

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A shopping and leisure complex in Podgorica, Montenegro, combining a retail mall with the Green Bazaar, a hotel, dining, and entertainment facilities.

Last updated August 25, 2026

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Overview

Mall of Montenegro is a shopping and leisure complex located in Podgorica, Montenegro. It occupies a prominent position on Bratstva i Jedinstva Street, one of the city’s principal north–south routes and part of the E65 and E80 European road network. The complex was developed on the site of a former open marketplace through a public–private partnership involving the Municipality of Podgorica and the Turkish company Gintaş. Its development therefore combined the modernization of an established market function with the introduction of enclosed retail, hospitality, dining, and entertainment uses. The overall complex has approximately 58,000 square metres of floor area. The shopping mall itself provides about 17,000 square metres of gross leasable area, making it a substantial retail property in the Montenegrin capital. Its principal components include the covered Green Bazaar, the enclosed shopping centre, a Ramada hotel, underground parking, and a range of leisure and food-service facilities. The Green Bazaar functions as a natural anchor because it continues the site’s traditional marketplace role and gives the complex a distinctive local-retail identity. A large Mercator supermarket is identified as the mall’s largest tenant, providing a further everyday-shopping draw. The tenant and activity mix has included international and regional apparel, footwear, and sporting-goods brands such as Levi Strauss & Co., Sergio Tacchini, Office Shoes, and Intersport. In addition to conventional shops, the complex offers cafés, a fast-food court, a children’s playground, a bowling alley, and an entertainment park. These facilities position Mall of Montenegro as more than a pure shopping destination: it is also intended to serve routine grocery and market shopping, family recreation, hospitality, and casual dining needs. Mall of Montenegro operates in a relatively small national retail market. Although it has been described as the largest shopping mall in Podgorica by total built area, its commercial performance has faced pressure from vacancy and competition. Delta City, another major Podgorica shopping centre, has been described as having a stronger presence of international clothing brands and a more high-end market position. This competitive environment, together with the limited size of Montenegro’s consumer market, has affected the mall’s ability to maintain full occupancy. The complex’s distinctive proposition rests on the combination of a covered traditional market, a supermarket, branded retail, hotel accommodation, and entertainment in one centrally located development. Publicly available reference material does not establish a precise opening year, current ownership structure, detailed tenant roster, management team, or financial performance. Accordingly, the brand is best characterized as an operating shopping-centre property whose identity is closely tied to Podgorica’s urban marketplace and regional retail infrastructure.

History

Mall of Montenegro was developed in Podgorica on the site of an earlier open marketplace. Its creation followed a public–private partnership between the Municipality of Podgorica and Gintaş, a Turkish company involved in the development of the project. The redevelopment transformed a traditional market location into a broader mixed-use complex while retaining market commerce as one of the site’s core functions. The resulting property brought together three principal elements: a covered version of the former marketplace known as the Green Bazaar, an enclosed shopping mall, and a Ramada hotel. The complex also incorporated underground parking and leisure facilities, including food-service areas, cafés, a bowling alley, a playground, and an entertainment park. This format allowed the development to serve both daily-needs shopping and destination-oriented activities. The total complex has approximately 58,000 square metres of floor area, while the shopping mall accounts for roughly 17,000 square metres of gross leasable area. The Green Bazaar became a distinctive anchor tenant, linking the new development to the site’s established role in Podgorica’s commercial life. The Mercator supermarket provided another major anchor and supported regular customer traffic. Other reported tenants have included Levi Strauss & Co., Sergio Tacchini, Office Shoes, and Intersport. The mall’s location on Bratstva i Jedinstva Street gives it access to one of Podgorica’s main north–south traffic corridors and to routes associated with the E65 and E80 European roads. Its scale made it one of the largest shopping-centre developments in Podgorica by built area. However, the Montenegrin retail market is comparatively small, and competition from Delta City has constrained the property’s commercial position. Reference material describes recurring vacancy problems and characterizes Delta City as the stronger, more upscale destination for international fashion brands. Public sources available for this entry do not provide a confirmed opening date, subsequent ownership transactions, detailed financial results, or a complete chronology of tenant changes. The documented history therefore centers on the project’s public–private development model, its conversion of an open-market site into a mixed-use retail complex, its integration of the Green Bazaar, and its continuing role in Podgorica’s competitive shopping-centre market.

  • Redevelopment of a former open marketplace

    [1]

    The former open marketplace site was redeveloped through a public–private partnership involving the Municipality of Podgorica and Turkish company Gintaş.

  • Opening of the integrated retail and leisure complex

    [1]

    The completed development combined the Green Bazaar, enclosed shopping mall, Ramada hotel, underground parking, food services, and entertainment facilities.

Products and positioning

A multifunctional Podgorica retail complex that combines a covered traditional market with supermarket shopping, branded stores, hospitality, dining, and family entertainment. It competes with more fashion-oriented and higher-end shopping centres in the city.

  • Covered marketplace

    Green Bazaar

    The Green Bazaar is the complex’s covered marketplace and a natural anchor tenant. It preserves the site’s connection with Podgorica’s former open market while operating within the newer mixed-use development. Its presence differentiates Mall of Montenegro from conventional enclosed shopping centres by combining traditional market shopping with branded retail, grocery, hospitality, and entertainment.

  • Shopping mall

    Mall of Montenegro retail centre

    The enclosed shopping mall provides approximately 17,000 square metres of gross leasable area. Its reported tenant mix includes apparel, footwear, sports, grocery, cafés, and fast-food outlets. Stores associated with the centre have included Levi Strauss & Co., Sergio Tacchini, Office Shoes, and Intersport, although the complete current tenant list is not established by the available sources.

  • Supermarket

    Mercator supermarket

    A large Mercator supermarket is identified as the largest tenant in the complex. It provides everyday grocery and household shopping and serves as a recurring-visit anchor alongside the Green Bazaar and the mall’s discretionary retail stores.

  • Entertainment and family recreation

    Leisure and entertainment facilities

    The complex includes leisure amenities such as a bowling alley, cafés, a fast-food court, a children’s playground, and an entertainment park. These facilities broaden the destination beyond shopping and support family visits, casual dining, and recreational use.

  • Hotel

    Ramada hotel

    A Ramada hotel forms part of the wider Mall of Montenegro complex. The hotel adds an accommodation and hospitality component to the retail and marketplace uses, although detailed operating information is not established in the available reference material.

Sources2 sources

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