Ceremony with Frankfurt’s Lord Mayor Mike Josef
After just over a year of construction, the ABG
Real Estate Group and HanseMerkur Grundvermögen Topping-out ceremony for their
joint project “Central Parx”. Around 300 guests from politics,
Business and urban society came together on Bockenheimer Landstraße,
about the construction progress of one of Frankfurt’s most striking revitalization projects
to be appreciated. Among those present were Mike Josef,
Lord Mayor of the City of Frankfurt am Main, Ulrich Höller, Managing Director
Shareholders of ABG Real Estate Group, as well as Malte Andes and Ulrich
Haeselbarth, Member of the Board of Directors of HanseMerkur Grundvermögen.
The topping-out ceremony marked an important step in the further development of the
listed ensemble in Frankfurt’s banking district. With a
With a total investment volume of around 370 million euros, the Central Parx will become a
modern office location with around 25,650 square meters of rental space.
The space is already almost fully let, including to
the renowned law firms White & Case and Noerr, which is the high
Demand for high-quality office space in central city centre locations
underlines.
After the revitalisation has been completed, future users can expect office space,
which meet the requirements of contemporary working environments with the highest
architectural quality. They include both open and
collaborative workspaces as well as classic office structures, supplemented by
high-quality recreation areas, modern building technology and a digital
Infrastructure at the current top level. At the same time, the floor plans
reorganised, improved permeability within the ensemble and
connection to the adjacent Rothschildpark strengthened.
The building ensemble with the parts Tower, Studio and Pavilion was built in 1965 after
designed by the architect Sep Ruf, one of the most important
representatives of German post-war modernism and more than five decades of the
BHF-Bank before ABG Real Estate Group and HanseMerkur
property acquired the area in 2020.
The revitalisation is being carried out in cooperation with the well-known Frankfurter
architect Prof. Christoph Mäckler and is oriented towards the claim of a
Top refurbishments at new building level. The characteristic façade structure
will be retained and will be modernised in terms of energy efficiency. This is complemented by a
comprehensive technical and functional realignment of the building. Aimed at
certifications according to DGNB “Platinum” and WiredScore “Platinum”. The
Completion of the overall project is scheduled for mid-2028.
Mike Josef, Lord Mayor of the City of Frankfurt am Main, paid tribute to the
Significance of the project for the development of the Frankfurt location: “The Central
Parx exemplifies how architecturally significant existing buildings
future-proof. Its redesign not only strengthens the
banking district, but also Frankfurt’s attractiveness as an economic and economic
Place of work.”
Ulrich Höller, Managing Partner of ABG Real Estate Group,
emphasized: “The conversion, repositioning, and redesign of
existing buildings is the challenge of the next decade. The Central
Parx is an outstanding example of this. Such tasks can only be carried out by
the interaction of many participants can be realized. We are all the more pleased
to be able to celebrate the topping-out ceremony together today. With great respect for the
original architecture, we are developing a place of work that combines identity,
Quality and future viability connect.”
Malte Andes, Deputy Chairman of the Executive Board of HanseMerkur
Grundvermögen, said: “Iconic properties such as Central Parx characterise a
city for decades. With the revitalization, we are taking over
Responsibility for a special location in the heart of Frankfurt. The high
Occupancy rate confirms our strategy of targeting premium office space at
prime locations. We are looking forward to the renowned
tenants and to take over the asset management for this landmark property in the future.
.”
With the structural implementation, Adolf Lupp GmbH + Co. KG was appointed as
general contractor, which will work with Medicke GmbH as part of a
consortium was responsible for the execution. The connection from
high-rise modernisation and renovation in accordance with the requirements of historical monuments
Requirements for planning and implementation. During the topping-out ceremony, the
Project partner to all planners, construction companies and craftsmen involved
expressly for the work done so far and the construction progress according to plan.
Following the official part of the topping-out ceremony, the guests took advantage of a
barbecue the opportunity for personal exchange about the Central
Parx and the further development of the site.
