Erlangen: S&P plans quarter for €48mn
A holding of the Sontowski & Partner Group is planning the development of the “Paul-Carré” quarter in Erlangen. The project, with around 9,500 sqm in total lettable space, has an investment volume of around €48mn. Plans for the approx. 5,200 sqm property at Paul-Gossen-Straße 75 include the Novum “niu Cure” hotel, 3,400 sqm of office space and 450 sqm of restaurant space. One third of the 177 hotel rooms will accommodate long-term guests. Construction is scheduled to start this year. The quarter is to open in mid-2021, shortly after the planned completion of the first module of the nearby “Siemens Campus”.
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