Frankfurt am Main
Konversion

Lateral Towers

From the headquarters of Deutsche Börse to a teaching location

Adresse
Elisabeth-Norgall-Straße 1 60487 Frankfurt am Main
Fertigstellung
Opening in three phases between July 2024 and August 2026
rental space in sqm
Vorher
46.000
Nachher
46,000 (schools) + 5,500 (sports hall)
types of use
Vorher
office
Nachher
schools
parking
car parking spaces
147
bicycle parking spaces
982
Challenges
  • Finding alternative usage concepts for an office building of this size in an environment that will no longer be a high-quality office location in the future
  • Termination of the lease agreement with Commerzbank, which runs until 2030


Goals achieved
  • Signing of a 30-year lease agreement with the City of Frankfurt for three schools with more than 3,000 students
  • Approval for demolition of the parking garage for the construction of a new two-story, six-court gymnasium within the old cubature of the parking garage
  • Achievement of change of use through exemption and special permission in the existing development plan
  • Preservation of a large portion of the gray energy
  • Existing building complex will be put to secure use for the next 30 years