THOMAS DAILY

Property Investment News Germany

Berlin: Construction starts on "Zoofenster" project in City-West

Construction on the "Zoofenster" project at the corner of Joachimsthaler Strasse and Hardenbergstrasse on the west side of Berlin has begun. For an investment sum of around €200mn, a 118 m, 37-story high-rise is being developed which will house apartments, offices, stores and a 280 rooms five-star hotel. The investor is the firm Harvest, founded by private individuals from Abu Dhabi (United Arab Emirates). Construction on the 2,400 sqm area is scheduled for completion in early 2011. The Frankfurt architect Christoph Mäckler designed the building. Previous plans to develop the former Carpet Kibek premises have all failed.

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