KÖ25 – acquisition of site on Schützenplatz
The Optima Aegidius Group has acquired various plots with an area of around 20,000 m2 at Schützenplatz 7 / Könneritzstrasse 25 in Dresden, a stone's throw away from the Zwinger, in a joint venture with Dr Christoph Dross.
There are currently a variety of office buildings on the site, with a gross floor area of around 17,000 m2.
According to current plans, a gross floor area of around 50,000 m2 of residential and retail space is to be established there in the next few years. The investment volume amounts to 120 million euros.
Schützenplatz is in direct proximity to the new cultural centre Kraftwerk Mitte, into which the State Operetta is to move in 2016. "The area is already known as the musicians' quarter and is regarded as Dresden's most promising location," explain directors Dr Jens Laub and Dr Ulf D. Laub, in relation to the acquisition of the site.