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Halle (Saale) is the largest city in the state of Saxony-Anhalt, Germany, with a rich history and a dynamic economic profile that makes it an attractive location for real estate investment. As of 2020, the city has a population of approximately 240,000 people. The city is well-connected, with extensive public transportation options, including trams, buses, and nearby airports. It is also a part of the Trans-European Network, with direct railway connections to major cities such as Berlin and Munich.
Halle is an economic and educational center in central Germany. It houses the Martin Luther University of Halle-Wittenberg, which is not only the largest university within Saxony-Anhalt but also one of the oldest academic institutions in Germany. This university plays a crucial role in fostering the local startup scene. The city is also privileged to be the headquarters of the German National Academy of Sciences, better known as Leopoldina. The Universitätsklinikum Halle (Saale), the university hospital, is the largest hospital in the state.
The development project is located in Köthener Str. 36, which is a captivating blend of residential areas, green spaces, and historical sites, contributing to its appeal as a potential living location. It has excellent connectivity with the rest of the city through public transport and is in proximity to numerous facilities like schools, supermarkets, and healthcare options. The northern part of Halle (Saale) offers a balanced lifestyle, combining the convenience of city life with the tranquility of green spaces.
This project entails renovating and expanding two properties on the land plot with address Köthener Straße 36. These properties are old office and laboratory buildings from 1963, with a total space of 3,300 sqm. The ambitious design aims to create a unified workspace featuring 114 modern studios ranging from 15 to 48 sqm, designed for both work and well-being. These spaces are flexible, adapting from cozy offices to large studios with individual designs, suited to various needs.
As part of the project's energy-efficiency goals, a 1,000 sqm flat roof will be installed with solar PV storage, promoting sustainable energy use. The non-load bearing facade will be glazed to allow large windows, enhancing the industrial ambiance and modern loft vibes of the rooms. Each unit will have two escape routes for safety. Energy-efficient renovations include new windows, insulated facade, gable walls, and on-roof insulation. Anticipating the location's growth as a commercial hub, provisions have been made for potential expansion of commercial space.
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