FRANKFURT - Project Update - Page 2

Grumpy · #21 Posted **Jun 30, 2004, 7:23 PM**

^^ rendering is gone

Fabb · #22 Posted **Oct 2, 2004, 5:18 PM**

Still no hope for this beautiful project ?

matze · #23 Posted **Oct 2, 2004, 6:29 PM**

Quote:

Originally Posted by Fabb

Still no hope for this beautiful project ?

Sure there is hope. The tower is approved and the investor (Deutsche Bank) didn't canceled it, officialy the project is postponed until the real-estate market in FFM grows again.

Fabb · #24 Posted **Oct 2, 2004, 9:09 PM**

I don't know about the specific case of Frankfurt, but the real estate market in Germany is one of a few not to be booming.
That's not a good sign.

Nexus6 · #25 Posted **Oct 2, 2004, 9:43 PM**

You mean it is one of the few not to be overvalued!

Fabb · #26 Posted **Oct 3, 2004, 7:07 AM**

Quote:

Originally Posted by Nexus6

You mean it is one of the few not to be overvalued!

Correct.
And you know that skyscrapers tend to be built when the real estate market is overvalued.

Another factor is the vacancy rate. What's it like currently in Frankfurt ?

tim · #27 Posted **Oct 3, 2004, 2:09 PM**

the vacancy rate is very high for frankfurt - in fact it's probably the highest ever, but in comparison to other cities abroad (new york, london, shanghai, etc..) it's still not that bad. germany had always very low vacancy rates - when london had 10% or new york 15%, cities like frankfurt or munich only had 5% or even as low as 1%...
in germany the real estate industry speaks about a crisis when they mention a 10-15% vacancy rate - in other cities it's the usual vacancy rate.
still, despite the relatively high vacancy rate, the frankfurt real estate market is still the healthiest in germany. frankfurt has always been an exception to the rule - not only in the world of the real estate...

Fabb · #28 Posted **Oct 3, 2004, 6:28 PM**

OK.
What the latest figure ?

tim · #29 Posted **Oct 3, 2004, 6:48 PM**

between 10 and 15 % - depends on how you count (the higher numbers include rented office space that is not being used - only 2/3 of the vacancy rate is un-rented space)

Grumpy · #30 Posted **Jan 18, 2005, 8:26 AM**

Besides the ECB proposal anything else happening in Frankfurt ?

tim · #31 Posted **Jan 18, 2005, 2:17 PM**

Not much, only the largest inner city redevelopment project (FrankfurtHochVier) in Europe including two towers plus a few smaller highrise projects like the WestendDuo or a new tower for the KFW Bank by Sauerbruch Hutton. And a new residential tower proposal (including a few smaller towers and the reconstruction of the Henninger Tower to a residential tower) has been presented yesterday. Plus tons of low rise projects, but that doesn't count really...

Frankfurter · #32 Posted **Jan 18, 2005, 5:42 PM**

Here some pictures of the projects:

Henninger Turm ( 123m ) renovation plus 85m tower plus some small highrises:

WestendDuo, 96m ( under construction ):

Actual Picture of the site:

Frankfurthochvier, consiting of 2 Towers ( 130 and 93m ), shopping mall, reconstruction of the old Thurn und Taxis Plais ( under construction ):

Recent Pictures:

Blue Heaven Hotel Tower 87m, nearly finished:

Renovation of the now so called 'Lighttower' nearly completed ( aprx. 60m ):

Latest Construction pic:

'Maintriangel' ( under construction , 62m ):

'Westend-First' Renovation ( under construction ):

New Highrise (58m) of the Kreditanstalt f�r Wiederaufbau, design: Sauerbruch Hutton, starting in 2005:

Sparkasse Informatik ( 70m ) under construction:

Latest Picture:

http://people.freenet.de/urgewalten/...y/sparinf1.jpg

Renovation Swiss National building, one of Frankfurts first skyscrapers, going to be renovated like it was built in the 60ies, real ugly

Future:

Now:

and as Tim said a lot of smaller projects...

Besides: EZB is not proposed it is already approved and going to be built...
New Rumors also indicate that the Former called Z�rich Hochhaus (170m) starts also is year with a delay of 3 years. It will be occupied partly by a Hotel and Offices like the Mariott Tower in Frankfurt.

tim · #33 Posted **Jan 18, 2005, 6:10 PM**

how awesome! I love the tishman speyer tower.

Jai-C · #34 Posted **Jan 18, 2005, 6:43 PM**

Frankfurt Hoch Vier isn't yet under construction - they just started to demolish some old buildings. Actually there's not a single 100m+ tower under construction right now...

Frankfurter · #35 Posted **Jan 18, 2005, 6:48 PM**

Quote:

Originally Posted by Jai-C

Frankfurt Hoch Vier isn't yet under construction - they just started to demolish some old buildings. Actually there's not a single 100m+ tower under construction right now...

i am sorry, jai-c IT IS under construction, the whole project as i mentioned it, is.
The Towers are planned anyway later, but the Project FFHV is under construction at the Zeil corner.

Sogar die Bewehrungen und Gr�ndungen starten schon, habe es heute erst selbst an der Zeil gesehen...

Jai-C · #36 Posted **Jan 18, 2005, 6:56 PM**

Sure the project started but the towers did not. Preperations for an upcoming highrise do not mean that the highrise itself already is under construction.

Frankfurter · #37 Posted **Jan 18, 2005, 7:00 PM**

exactly, but the towers are part of the project, like the mall etc.
I was taking about the whole project as u can read a few posts earlier...

tim · #38 Posted **Jan 18, 2005, 7:07 PM**

Uh...the construction of the FrankfurtHochVier project officially started on July 1, 2004. Besides, the question was not, what is under construction now, but what is going on in Frankfurt apart from the ECB project....

Jai-C · #39 Posted **Jan 18, 2005, 7:08 PM**

The question is - will they build the mall and the towers or just the mall.

@Tim: what do you mean with "what is going on" - projects under construction or also proposals (because there are a lots of them)?

tim · #40 Posted **Jan 18, 2005, 7:10 PM**

There is no project without the towers, it's just not feasable. That newspaper that is trying to block the project will be forced to accept an offer.