UDP is one of the leading Ukrainian developers, which uses the world’s best practices for building metropolitan areas. The company cooperates with leading design bureaus and implements the most up-to-date architectural and engineering solutions in Ukraine.

UDP initiates and successfully implements long-term projects, including ultra-modern shopping and entertainment centers, comfortable housing estates designed according to “a city within the city” model, and innovation parks. UDP executes a complete control cycle: from project creation and construction to commissioning, sale, and lease. The company’s facilities are unique both aesthetically and technically. Moreover, they meet international standards of environmental responsibility and energy efficiency.

Everything UDP creates is about comfort, safety, and modernity.

As of today, the company has implemented about 20 projects, covering an area of over 3M m². Its assets contain about 1,000 ha of land. The majority shareholder of UDP is Vasyl Khmelnytsky, a Ukrainian businessman and the founder of a private equity firm and group of companies UFuture.




million of investments


million m² total area of real estate facilities


Our company’s history


The company opened Smart Plaza Obolon, a mixed-use complex combining a modern shopping center with high-quality housing.


UDP launched Smart Plaza Polytech, one of the first mixed-use complexes in Ukraine.


The company made a strategic decision to develop the country’s first innovation parks UNIT.City and LvivTech.City that will become engines of Ukraine's creative economy as well as points of entry for foreign investors.


UDP joined the development of Ukraine’s first industrial park Bila Tserkva.


The first house of a premium-class residential complex Bulvar Fontaniv welcomed its new residents.


UDP opened its shopping and entertainment center Ocean Plaza, one of the largest in Europe. The building’s peculiar concept and its favorable location attracted a number of influential international brands, with one third of them previously unrepresented in Ukraine. Subsequently, Ocean Plaza was recognized as the most popular Ukrainian shopping mall.


The company started developing its second "city within the city" residential complex RiverStone right on the bank of the Dnipro River.


UDP undertook to reconstruct the strategic infrastructure facility Zhuliany, turning it into Igor Sikorsky Kyiv International Airport with three new terminals and an annual passenger flow of more than 3 million people.


The company began developing Parkove Misto residential complex with its own natural park and cascade of lakes.


UDP opened a large-scale "city within the city" complex Novopecherski Lypky, the first of its kind in Ukraine.


UDP opened Gorodok, one of the first shopping and entertainment centers in Ukraine (Kyiv).


Entrepreneurs Vasyl Khmelnytsky and Andriy Ivanov founded the UDP development company.


Building the Future



Ocean Plaza

Ocean Plaza is the most popular shopping and entertainment center in Ukraine, as well as one of the largest in Europe, by the number of visitors and purchased goods. This bright seven-story building, which is a joint project of UDP...



Kyiv Sikorsky International Airport

In 2009, the company took up the reconstruction of the old Kyiv airport (aka Zhuliany) and upgraded its runway. Kyiv Airport, covering an area of 265 ha, is located in the Solomianskyi district in 7 km from the city center....



Novopecherski Lypky

Novopecherski Lypky is an up-to-date business-class residential complex in the Pechersk district. UDP is the investor and employer of the project. More than a third of this 19ha site is reserved for recreation zones and parks, making Novopecherski Lypky the...




UNIT.City is the first innovation park in Ukraine providing an ecosystem fostering the development of high-tech and creative businesses. UDP designs and constructs its infrastructure in partnership with KAN Development. Since its launch in the spring of 2017, UNIT.City has...