Düsseldorf: Vivawest buys development section of “Le Quartier Central”


Vivawest has acquired a project for 450 apartments in the Worringer Straße/Gerresheimer Straße area in Düsseldorf. The sellers are Bema and ABG, who as joint venture partners are developing the 18,350 sqm site, the southernmost area of “Le Quartier Central”. According to the housing action plan by the City of Düsseldorf, 20% of the apartments are to be price-reduced or publicly subsidized. The plans by KSP Jürgen Engel Architekten include apartment buildings of six to eight floors with apartments ranging from efficiencies to three-bedroom units, day-care facilities, and an underground parking garage with 220 spaces.

TD Premium

Subscribers to our premium service have access to this article in full as well as to an additional 510,000+ news items: all filterable by topic, company, asset class, city or keyword. In TD Premium you can search for investment deals, leases, current project developments and company news with pinpoint accuracy.

TD Premium is Germany’s leading property information tool that interconnects news, transactions, project data, market and company information in a unique and flexible system.