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Vertical living - HOCHTIEF to build PRAEDIUM in Frankfurt

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  • 242 apartments in total
  • Contract worth around EUR 60 Million

 

HOCHTIEF Building is to construct what will be the highest residential structure at Frankfurt’s Europaviertel to date for NH Projektstadt GmbH, a subsidiary of the Nassauische Heimstätte/Wohnstadt corporate group. The complex known as “PRAEDIUM” which will have a total of 242 condominiums, comprises an eight-story building with 83 apartments and a 19-story residential tower with 159 apartments. The contract has a value of some EUR 60 million.

 

A total of 24,000 square meters of residential space will be created over a construction period of 23 months. The future users will also be provided with a below-grade parking garage with 288 parking spaces, 20 of which are fitted with electric-charging stations. 1,600 square meters on the ground floor have been earmarked for restaurants and retail.

 

"We are delighted that, following Tower 185, a further high-rise is being built in this dynamically-growing district of the city. PRAEDIUM and its appealing architecture will also become a landmark of the quarter," says Holger Neumann, Manager of the HOCHTIEF Building branch Frankfurt with conviction.