HAMBURG TEAM and Goldbeck, a construction and services company operating throughout Europe, celebrated the laying of the foundation stone for construction site 5 “LEO & LEA” in the Löwitz Quartier yesterday in Leipzig. In the presence of Thomas Dienberg, Mayor for Urban Development and Construction, representatives of the city and other project participants, the start of the realisation of the first residential building site within the entire district development was acknowledged.
With the Löwitz Quartier, a new district is being created in Leipzig in a central location with a total of around 550 residential units. The approx. 7,200 m² construction site 5 “LEO & LEA” is centrally located on the future district square. A total of 179 apartments of different types and an underground car park with 81 parking spaces are being built there on two plots. On one of the plots of land it has acquired itself, the project development division of the HAMBURG TEAM Group (HTP) is building 49 condominiums. On the other site, HAMBURG TEAM Investment Management (HTIM) is building 130 rental apartments for a special fund in which several company pension schemes based in northern Germany are invested.
Of these, 70 units are publicly funded by the city of Leipzig and the Free State of Saxony. These are supplemented by three commercial spaces on the ground floor with a total of around 400 m². In addition, the construction site includes outdoor facilities and a pocket park.
Construction of construction site 5 started in October 2025. The shell construction began in April 2026 and is scheduled for completion in January 2027. The project will be implemented through systematised construction with prefabricated elements and will be implemented in accordance with the KfW 40-QNG energy standard. The project thus combines efficient construction with high energy requirements. GOLDBECK Nordost GmbH is responsible for the planning and execution of the construction project as the general contractor.
“With construction site 5, we are providing the first impetus in residential construction in the Löwitz Quartier. After years of neighborhood and area development, the first residential building site is now becoming reality. The fact that we are able to take this step in a challenging market environment is thanks to a cooperative partnership with Goldbeck and constructive coordination with the City of Leipzig. Systematised construction combines speed and efficiency with high design quality,” says Bastian Humbach, Managing Director of HAMBURG TEAM Projektentwicklung.
Pedro de Sousa Machado, Managing Director of HAMBURG TEAM Investment Management, adds: “The rental module on construction site 5 brings urgently needed living space to Leipzig. More than half of the 130 rental apartments are being built as publicly subsidized housing. In this way, the offer will be opened up specifically to households with small and medium incomes. At the same time, the project shows how long-term capital investment and a concrete contribution to the supply of housing can be meaningfully intertwined.”
“With construction site 5, we are implementing another central sub-project in the Löwitz Quartier. The project is an example of how systematised construction meets the highest standards of quality and architecture in equal measure. In this way, we are creating a reliable basis for economical and at the same time sophisticated construction,” says Robert Bölcskei, branch manager of GOLDBECK Nordost GmbH.
