Hamburg: Construction authority area to go to Garbe for €46.9 mn
The Garbe Group in Hamburg wants to acquire the Hamburg construction authority land at the “Stadthausbrücke” (“Town Hall Bridge”) for €46.9mn. On the area between Neuer Wall and Grosse Bleichen it hopes to build a “Stilwerk” furnishings and accessories store, apartments (on 10,000 sqm), an office building for use by the owner and a memorial. According to the daily newspaper Hamburger Morgenpost, the city may sell the grounds without issuing a call for bids.