Düsseldorf: Joint venture plans Holiday Inn on Moskauer Straße
UBM Development Deutschland (formerly Münchner Grund) and Munich Hotel Projekt, a subsidiary of Lambert Immobilien, want to build a new hotel in Düsseldorf. The equal joint venture partners have acquired the 3,200 sqm development lot on the corner of Moskauer Straße and Erkrather Straße near Düsseldorf’s main station from the city. By the end of 2020, they will be erecting a three-star Holiday Inn Express hotel. The drafts by sop architekten of Düsseldorf call for 455 rooms and 120 parking spaces. Colliers Hotel brokered the land purchase.
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