Frankfurt: Paulus Immobilien plans development in Europaviertel
Paulus Immobilien has acquired construction field 43, one of the last available lots in Frankfurt’s Europaviertel. The developer from Grünwald near Munich plans to build around 40,000 sqm GFA and intends to launch an idea competition shortly. Possibilities for the 6,796 sqm site adjacent to the west entrance of Frankfurt’s Messe could be a hotel or office space, as well as restaurants and small retail units on the ground floor. The concept by district planner and land owner Aurelis envisions structures on the site that would combine with the residential tower “Praedium” to form a portal to Europa-Allee to the west.
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