24 February 2026

Restaurant and fitness center in a pseudo-hotel in Odesa failed to sell

(PHOTO COLLAGE: Intent)

Private Joint Stock Company Holding Company Kyivmiskbud failed to sell a restaurant and fitness center in a building at 77-A Fontanska Road on the first try.

According to Prozorro.Sale , both auctions failed due to the lack of bidders.

The starting price of the restaurant with an area of 2,60 square meters was UAH 82.4 million, and the fitness center with a total area of 1,339.1 square meters was UAH 56 million 242.2 thousand.

In 2020, the Shevchenkivskyi Court of Kyiv granted investigators of the SBU Chief Investigator's Office temporary access to seize electronic copies of all documents entered by registrars into the State Register of Real Property Rights, the Register of Ownership Rights to Real Estate, the State Register of Mortgages, and the Unified Register of Prohibitions on Alienation of Real Property during the initial registration of real estate in Odesa at 77a Perekopska Divizii Street.

This was done as part of a criminal investigation into abuse of power. The investigation found that in 2006, the Odesa City Council granted permission to design and build a 120-bed hotel with a sports, recreation, and cultural and entertainment complex at 13 Velykyi Fontan station. For this purpose, Kometa-M LLC leased a 1.35-hectare plot.

As stated in the urban planning conditions and restrictions, the site is located in the Black Sea protection zone, in the recreational and resort development zone. The architectural and planning assignment set restrictions on the number of storeys of buildings up to 8 floors.

At the request of Kometa-M, a project was developed that provided for the construction of three seven-story hotel buildings with 70 apartments and 113 parking spaces, with a total area of 17,611 square meters.

In 2008 and 2010, the SACC Inspectorate in Odesa region issued permits for construction work. The construction customer was Kometa-M LLC, and the general contractor was Jaguar LLC.

However, according to the investigation, the officials of Kometa-M LLC, knowing about the existing restrictions on the use of the site, entered into a criminal conspiracy with Jaguar LLC and PrJSC HC Kyivmiskbud to build three residential buildings with eight and nine floors with a total area of 33,944,2 square meters, including an underground parking lot for 130 cars, instead of the duly approved hotel consisting of three seven-storey buildings with 70 apartments and 113 cars, with a total area of 17,611 square meters.

During the pre-trial investigation, law enforcement officers found that all three buildings were located 60 meters from the Black Sea water's edge, i.e. within the 100-meter coastal protection zone. In addition, according to the General Plan of Odesa, approved in 2025, the said site is located in green areas of public use (Yubileiny Park). Kometa-M LLC has been liquidated since October 2019. Litigation over the buildings at 77-A Fontanska Road continued last year.

Кирило Бойко

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