Construction start for condominiums and townhouses in Frankfurt’s Holbeinviertel

Construction start for condominiums and townhouses in Frankfurt’s Holbeinviertel

ID: 125514

HOCHTIEF Solutions formart and Wilma Wohnen Süd to realize the first of five phases in Sachsenhausen from March 2012

Holbeinviertel residential quarter in FrankfurtHolbeinviertel residential quarter in Frankfurt

(firmenpresse) - HOCHTIEF Solutions’ residential developer formart and Wilma Wohnen Süd are to construct the first phases of the Holbeinviertel residential quarter in the Frankfurt district of Sachsenhausen on a former freight railway lot with an area of almost 28,500 square meters. 19 townhouses and 56 condominiums will be built starting from March 2012. Half of the apartments and 17 of the detached houses have been sold so far. One-quarter of the 19 townhouses planned for the second phase have also been sold already. The sale of a further 46 condominiums which are part of Phase Four began at the end of February. A fifth phase is also planned, involving a further 56 residential units. In total, 196 residential units in 38 detached and twelve semi-detached houses, as well as an underground parking garage and a kindergarten are to be built by 2014 at the Holbeinviertel.

The Holbeinviertel—between Stresemannallee and Holbeinstrasse—is designed as a purely residential quarter with no through traffic. Residents will reach their houses via private roads. Entry to the communal underground parking garage is also at the entrance to the quarter. From there, residents can directly access the various levels of the apartment buildings. The twelve free-standing buildings are arranged on the lot in such a way that the Frankfurt skyline is visible from most apartments. Each of the residential units, which range in size from 61 to 145 square meters, is designed with a balcony, a terrace with shared garden, or a roof terrace. Large expanses of greenery will be laid out between the apartment buildings. To the south, a row of townhouses will close the lot on the railway line side.



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HOCHTIEF is one of the leading international providers of construction-related services. With more than 75,000 employees and a sales volume of EUR 23.28 billion in FY 2011, the company is represented in all the world‘s major markets. The Group‘s service offering in the fields of development, construction, services, concessions and operation covers the entire life cycle of infrastructure projects, real estate and facilities. In the USA, the biggest construction market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure construction. With its subsidiary Leighton (HOCHTIEF share around 54 percent), the Group is market leader in Australia. Because of its engagement for sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006.

HOCHTIEF Solutions consolidates the core business of the HOCHTIEF Group in Europe and in selected regions worldwide. The company plans, develops, builds, operates and manages real estate and infrastructure facilities. HOCHTIEF Solutions is the management company of the Group’s Europe division which employed around 15,000 people around the globe in fiscal 2010. In many regions and segments, the company is a market and innovation leader.

formart is the residential development business line in the Real Estate segment of HOCHTIEF Solutions. The business unit develops, builds and markets residential projects in Germany and in international markets. With more than 1,000 properties sold annually to private users and institutional investors, formart is one of the leading residential developers in its home market. The spectrum it offers includes multi-generation houses, forms of urban living, senior properties and complete residential quarters.

Wilma Wohnen Süd is one of the most important solid construction turnkey building contractors. The company is represented in the Rhine-Main and Rhine-Neckar regions by Wilma Wohnen Süd GmbH which has offices in Kriftel and Stuttgart and is a market leader in the area of residential real estate. With over 60,000 clients Wilma contributes competence and experience. The company focuses on planning and construction for individuals on an average income. Wilma also partners with municipal authorities with whom it mutually develops integrated solutions for urban development concepts.



PresseKontakt / Agentur:

HOCHTIEF Solutions AG
Gabriele Stegers
Head of Communications Real Estate Solutions
Alfredstrasse 236
45133 Essen
Germany
Tel.: +49 201 824-2282
Fax: +49 201 824-1728
Email: gabriele.stegers(at)hochtief.de



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Bereitgestellt von Benutzer: Gabriele Stegers
Datum: 16.03.2012 - 11:43 Uhr
Sprache: Deutsch
News-ID 125514
Anzahl Zeichen: 1806

contact information:
Contact person: Gabriele Stegers
Town:

Essen


Phone: 0201 824-2282

Kategorie:

Residential Real Estate


Typ of Press Release: Erfolgsprojekt
type of sending: Veröffentlichung
Date of sending: 16.03.2012

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"Construction start for condominiums and townhouses in Frankfurt’s Holbeinviertel"
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