Berlin
29% rented
FÜRST
Ensemble at the end of its useful life becomes a modern business lifestyle quarter
Adresse
Kurfürstendamm 206-209
Uhlandstraße 30-32
Lietzenburger Str. 78/80
10719 Berlin
Fertigstellung
Partially operational since 2020, full completion planned for the end of 2026
Zertifizierung
LEED Gold for existing buildings, LEED Platinum for construction phase 2 is the goal
rental space in sqm
Vorher
64.000
Nachher
108.000
number of floors (above ground)
Vorher
22
Nachher
23
types of space
Vorher
office, retail, entertainment, parking
Nachher
office, gastronomy, retail, hotel, culture and entertainment, fitness and wellness, parking
parking
car parking spaces
800
bicycle parking spaces
600
Challenges
- Acquisition from insolvency
- Unclear building rights
- The usage figures specified in the development plan had already been exceeded by the existing building stock
- Some long-term existing leases of up to 10 years
- Negative reputation of the property
Goals achieved
- Securing the project in an international tender process against 55 competitors
- Developing a new multifunctional concept that encompasses work, culture, retail, hotels, restaurants, and leisure, creating a new district in the heart of Kurfürstendamm
- Expansion of the buildable area from 64,000 m² to 108,000 m² within the existing development plan through exemptions and special permits
- Long-term leasing of the first construction phase with 22,000 m² at 100% before the start of construction
