It was opened on 9 June 2006 and is located at the intersection of Aleksandar Stamboliyski Boulevard and Opalchenska Street in the centre of the city.

The mall is four storeys tall and has a total of 70,000 m2 of built-up area, of which 35,000 m2 belong to the commercial and entertainment sector and 10,000 m2 are offices, while the underground parking lot takes up 22,000 m2 and has a capacity of 700 vehicles.

The complex was constructed after a project by MooreSpeakman International and boasts 130 stores, a supermarket, pharmacies, a beauty salon, an Internet café and DVD and video rentals, among others.

Mall of Sofia also offers a number of restaurants and cafés (such as McDonald's, KFC, Subway), as well as Cinema City, a 12-screen multiplex cinema also featuring the first 3-D IMAX theatre in Southeastern Europe, M-Tel IMAX.

Among the investors in the project are GE Commercial Finance Real Estate, Cinema City International, Aviv Construction and Public Works and Quinlan Private.