The Central Children's Store on Lubyanka is a landmark building and a notable shopping mall located in the historic center of Moscow, in Lubyanka Square. Commissioned in 1957, for several decades it has been the largest children's department store in the Soviet Union, most innovative for its time and a must-visit place for several generations of Muscovites. Despite the nod towards its name and origin at present the unique shopping center is to a large extent dedicated to baby and children's goods and family entertainment and also has other offers and services. As an architectural site and a modern leisure center Central Children's Store is visited by thousands of residents and tourists from around the world each day. The grand opening of the mall after renovation took place on March 31, 2015. The main trustees - Mayor of Moscow Sergei Sobyanin and President VTB Bank, second major federal bank in Russian Federation, Andrey Kostin – surrounded by children winded up the mechanism of the monumental clock “Raketa”, mounted in the main atrium of the building, thus representing the start of the new era of the renovated shopping mall. The giant clockwork, weighing over 4,5 tons, was created at the oldest factory in Russian – the “Raketa” watch-making factory at Petrodvorets, and has become one of the attractions in the renovated mall. The building occupies almost a one hectare (10,000 m2) site and has 200 stores covering 35 000 m2 of retail space. Over 30% of the leaseable area is allocated for youth and a family edutainment and leisure activities, over 20% to dining and services. History The building of the main children's department store in the Soviet Union, which was then called “Detsky Mir” (meaning "Children's World"), was designed by a renowned Soviet architect Alexei Dushkin and commissioned in 1957. The public opening of the store, timed to coincide with the International Festival of Youth and Students, took place June 6, 1957. The Children's World became the largest and the most innovative children's department store in the Soviet Union, a must-visit known to several generations of Russians - here one could find goods for children of all ages: toys, school uniform, photo equipment, creativity products. In 2005 the building was granted the status of a regional cultural heritage monument. In 2006 the supporting structures and the overall technical condition of the building was declared non-complying with safety requirents. In 2008