Project
With a size of 15,430 m², the property is located very centrally at the junction between the Westend, banking district and European quarter and represents one of the last major-sized development areas in the Frankfurt city center. The property is partly under landmark protection and will be put to a new use. Within this context, a competition for the realization of this project is currently being held with the City of Frankfurt. The Gerchgroup is planning to realize a modern building ensemble with office, hotel and daycare center utilizations as well as privately financed and subsidized living.
Project details
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- Type of use
- Hotel , Residential , Commercial
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- Area
- Approx. 100,000 m² GFA
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- Purchased
- 1st quarter of 2018
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- Total investment
- Approx. € 800 million
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- Start of construction
- 2022
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- Completion
- 2026
Your contact
Do you have any questions about "The Presidium" project?
Then please contact us – we are happy to assist you.
Transactions Nadezhda Belikova
Relevant press releases
Gerchgroup: Financing project Dresden via Helaba and Collineo
Düsseldorf, November 19, 2020: Gerchgroup AG from Düsseldorf has secured the financing for the "Quartiere am Blüherpark" quarter development in Dresden and paid the purchase price within the period agreed in the purchase contract.
Read postGerchgroup: Building application for Cologne Laurenz Carré and Radisson RED Hotel
Düsseldorf, November 12, 2020. The project developer Gerchgroup AG from Düsseldorf has submitted a building application for the "Laurenz Carré" project in Cologne, thus taking a further important step in the development of the project in the immediate vicinity of Cologne Cathedral.
Read post