EUROPACITY: the new ambitious project in Berlin The project foresees a division in sub areas with different characters and uses, allowing more flexible development activities at different times or simultaneously. By Sigrun Prahl “Europacity” is the ambitious name of the quarter around Heidestraße in Berlin-Moabit, which currently is considered one of the most important central development areas of the city. Located north of the main train station, it is bordered by railway tracks to the west, by the Nordhafen and Perleberger Straße to the north and by the Berlin-Spandauer shipping canal to the east. After the reunification of the city and after the development of the area to the south, this location has changed from a peripheral one to a central location in close proximity not only to the main train station of Berlin, but also to the government area of Germany in the central park Tiergarten and to one of the most important art exhibition spaces in Berlin, the muse-um of contemporary art, Hamburger Bahnhof. At present, parts of the area are unused, underused, or they are used temporarily. An EU-wide urban design competition was carried out in April 2008. Architects, urban designers and landscape architects had to apply for participation, and a selection of teams was then invited to develop plans for a lively city quarter with an urban mix of living and working considering sustainability and climate pro-tection. The winning urban and landscape design concept was the basis for the official master plan and land use plan. The area was divided into sub areas with different characters and uses to allow more flexible development activities at different times or simultaneously. The master plan identifies the following six sub quarters: 1. “Am Hauptbahnhof” (by the main station) A triangular square is planned north of the cen-tral station to compliment the existing square in front of the station. The planned building mass east of the square consists of three major building blocks including high rise buildings. The first one of them is currently under construction. It will mainly contain offices. 2. “Am Kunst-Campus” (art campus) North of the museum of contemporary art “Hamburger Bahnhof” several existing galle -ries and studios are incorporated in the master plan. More cultural entrepreneurs are expected to move here. In addition to studio apartments this area will be the location of future exhibitions and art trade fairs and of outdoor restaurants in the summer. Art is seen as an identity-creating factor for this location. 3. “Boulevard SüdWest” (south west boulevard) Along the central Heidestraße, existing building blocks will be incorporated in the planned block structure. In this area 50% to 80% offices and ser- vices and 20% to 50% residences are planned. The ground floor areas towards the street will house retail and restaurants. 4. “Am Stadthafen” (near the city harbour) A new water body is being p l a n n e d c a l l e d “Stadthafen” (city harbour) and will be surrounded by a mainly residential development. Along the street res-taurants and services are planned. 5. “Boulevard West” The area between Heidestraße and the still functioning railroad tracks is called “Boulevard West.” It consists of block structures towards the street and of a long and closed slab building towards the tracks that blocks the railroad noise from the new development. Flexible floor plans will allow for residential and office use. Volume 2, Issue 12 1 December 2011 6. “Am Nordhafen” (near the north harbour) The northernmost part of the Highlights new development area is close to the historic Nordhafen (north harbour). Typical core area EUROPACITY in utilization with a focus on ofthe heart of unifices and services will be found fied Berlin here. A new metropolitan railway stop will serve this area and link it to the rest of the city. BATO Group for Reuters (continues on p. 2) BATO Group goes new online: more user friendly, personal and transparent Page 2 EUROPACITY: the new ambitious project in Berlin (Continues from p. 1) The strategic master plan was developed in close cooperation among the property owners, project developers, plan-ners and authorities. Vivico and DB (Deutsche Bahn) AG own approximately three quarters of the area, they are responsible for the overall development management. The state of Berlin implements the measures needed for the change of the area utilization plan and the associated cooperation processes. Further competitions and other competitive measures will give more detail to the specifications of the master plan. Different open space typologies will give the resulting quarters unique addresses and identi-ties. The design of compact building structures and open spaces includes a network of pedestrian and bicycle paths. The area encompasses 40 hectares allowing for a total gross ground area development of approximately 610,000 square metres. The official guidelines divide the uses into 58% offices, 34% residences, 5% retail/ gastronom y and 3% culture. According to the senate department for urban development this means planning for the diversity of uses (working, living, shopping, culture and leisure). But in comparison to other Berlin inner city neighbourhoods, the percentage of office buildings is rather high. This is not necessarily due to the demand of office space in Berlin, but to higher rents of business property in comparison to residential property. In Berlin, however, the demand for residential space is currently higher than the demand for commercial real estate. The implementation of the master plan will require ten to fifteen years from now on. It is envisioned that the construction of the “Europacity” will then be complete, but this process is hard to foresee. It is possible that only parts of it will be built due to investment strategies and market demands. But the combination of m ix of us es , m ark eting as sustainable design, attractive open spaces, close vicinity to the water, the government district, the park and the museum and gallery district has the potential to create a diverse and attractive lifestyle quarter in an innercity context. BATO Group in front of the camera of Reuters 09-11-2011, BATO Group. You can get to know more about the increasing trend in investing in real estate in Berlin by Andrea Barbato, CEO and founder of BATO Group Real Estate Investments GmbH, in front of the camera of Reuters. The video is to be seen on the most important media in Germany such as Stern, Frankfurter Allgemeine Zeitung, Handelsblatt, Welt, Süddeutsche Zeitung, Berliner Morgenpost and others. To see the interview follow the link: http://www.stern.de/ wirtschaft/immobilien/immobiliengeschaefte-in-der-euro-krise-die-griechen-zieht-es-nach-berlin-1743878.html B AT O G r o u p R e a l E s t a t e I n v e s t m e n t s G m b H Bato Group Real Estate Investments is an international, full-service asset and fund Management Company. Our aim is to build asset value through acquisition, development, management, financing and disposition of innovative real estate investments in Berlin. Voßstr.22, 10117 Berlin Phone: +49 (0) 30 33 93 59 40 E-mail: [email protected] www.batogroup.com To check our current offers and receive more information about the latest investment opportunities in the city do not hesitate to contact us. We will be happy to give you personal advice and set of investment options fitting your individual criteria. BATO Group goes new online: more user friendly, personal and transparent 01-12-2011, BATO Group. After 5 successful years of the Berlin market BATO Group decided that it is time to redevelop its corporate identity as a sign of our constant strive to grow. The biggest task of the rebranding process was the transformation of our website in a much more user-friendly and informative space. Our homepage now is not only the first impact with the potential partner or customer, but soon it is going to be the first point of reference of all our existing customers as well. To improve transparency and empower our existing customers to have the full control over their investments we are developing a personalized secured area on BATO Group’s website. Everybody will receive a user name and a password so to login at any time and find all the documentation regarding their investment from their start up to their current status. A simplified navigation, clear design and extensive overview of the company’s products and services are just part of the concepts that describe our new online presence. But why talk about it so much, you should check it for yourself.Visit us at: www.batogroup.com. We welcome your questions and requests for further information and discussion regarding new partnerships and/or investment opportunities in the Berlin real estate market.
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