Groundbreaking ceremony at Korallusquartier in Hamburg!
- Real Estate
With this project, we are setting the course for a sustainable future by creating around 20% publicly subsidized housing and transferring an area for a large playground to the city.
With this project, we are setting the course for a sustainable future by creating around 20% publicly subsidized housing and transferring an area for a large playground to the city. We have not only met but even exceeded the social urban planning requirements. Leveraging our expertise, we aim to provide an attractive home for future tenants in a prime location.
Key highlights of what's to come:
▶ Rental area: approx. 33,500 m² residential space, approx. 650 m² nursery space
▶ Site area: 21,000 m²
▶ About 20% of the residential area will be publicly subsidized housing
▶ 200 parking spaces
▶ A large playground area, being generously transferred to the city
▶ Completion early 2026
Stay tuned for more updates as we progress with the development of the Korallusquartier.