Stuttgart: LBBW abandons shopping center plans for Schlossgarten area
LBBW Immobilien has apparently given up its plans for a shopping center on the lower part of Königstrasse. Press officer Brigitte Reibenspies told THOMAS DAILY, “For the time being, the large-scale solution is off the agenda.” The reasons, she said, are the high level of investment for a new building and the high quality of the existing buildings. Therefore, she continued, the Schlossgarten building, where the new building was to have been constructed, will not be demolished, but selectively renovated. In particular, the shopping promenades at the entryways to the Schlossgarten area will be beautified. Meanwhile, LBBW is looking for new tenants for the stores that are soon to be vacated by the chains K&L Ruppert and Terranova in the BW-Bank-Haus on Königstrasse 3.