Location
:
The area Gateway Gardens covers around 350.000 m² of gross developable land to the north-east of Frankfurt Airport and is situated directly at Frankfurter Kreuz. The area borders on the B43 in the north, on the A5 in the east, on the Ellis Road and on the A 3 in the south and on the Kapitän-Lehmann-Straße in the west.
Its unique location from the traffic prospective provides the area with important regional and international location advantages: situated in the direct proximity of the Airport, Gateway Gardens provides direct access to the international traffic hub. Within the German traffic network the area benefits from the central connection with the Airport and the ICE railroad station as well as from the proximity to the Frankfurter Kreuz. Moreover, own public transport connection by bus lines and an independent urban railway are being tested at the moment. This infrastructure provides access to a total interregional area of 35 million inhabitants within the radius of 200 kilometres.
Time planning
:
Departure of the US armed forces in the end of 2005 and subsequent return of the area to the City of Frankfurt on the Main create an opportunity to develop the area in a new way appropriate in view of its location and quality. In the course of the current local development plan procedure preconditions for the planning right are momentarily being created. It should be on hand as a basis for the start of the construction work as early as in the first half of 2006.
Development concept
:
In the current land utilisation plan the area Gateway Gardens is designated as a core area (according to German ordinance land usage). On its basis a planning law assessment is being carried out, allowing a flexible development of the areas, among others. High-quality office and services buildings, an international Trade Centre, meeting and conference facilities as well as hotel premises, which should extend the spectrum of services offered by the airport, are planned for future use. Additionally, the concept is designed to include the types of utilisation related to the airport. For the purpose of ensuring the quality of habitation and urbanity the multifaceted use should be complemented by retail and café and restaurant facilities as well as a leasure project enhancing the attraction "Frankfurt Airport".
The project consortium:
The following companies have teamed up with the city of Frankfurt to establish a public-private partnership for developing the area:
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founded a Public Private Partnership company together with the City of Frankfurt. Each of the City of Frankfurt and the group of the private companies are fifty percent stakeholders in the project company. The primary task of the new PPP company is the development of the area through securing a planning right and the site development. Subsequently the area sections and quarters are to be sold to investors, which will execute their real estate projects within the framework of this development plan.
For further information please contact
:
Groß & Partner
Grundstücksentwicklungsgesellschaft mbH
Michael Stapf
Kreuznacher Straße 30
60486 Frankfurt on the Main
Tel.: 069 / 97779900
Fax: 069 / 97779902
E-Mail: stapf@gross-partner.de