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

11/10/2018

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.


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