TD News International

BPD plans 130 apartments in Bingen

The Frankfurt office of BPD plans to build a housing project in Bingen on the Rhine River with 130 apartments for about €45mn. The project enterprise "Rheinblick Gartenstadt" founded jointly with KAP Architektur Development from Mainz has won the bidding process for a 12,500 sqm lot on the site of the Landesgartenschau (state garden expo). Sellers are the city of Bingen and Sparkasse Rhein-Nahe. Plans call for eleven houses with two-to-five-room apartments to be built on the site. Marketing is expected to start in late 2018.

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