The cramped, Soviet-era cabinets displaying tired-looking wares will be replaced by Western stores in wide-open spaces framed by glass.
TsUM – (the acronym which stands for Центральний Універсальний Магазин) is getting a more-than $100 million makeover thanks to Ukraine’s richest person, steel tycoon Rinat Akhmetov.
His ESTA Holding, which acquired the store last year, closed it last month for renovations that are set for completion by the end of 2014.
The plans by British architectural agency Benoy are ambitious. The interior will be overhauled, doubling the floor space to 45,000 square meters of glass, complemented by stone and wood.