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Construction starts for The Fizz Hamburg Altona

Construction work on The Fizz Hamburg Altona in Hamburg's central Altona district can now begin. The earthworks required in order to start construction on the long-dormant, approx. 7,500 square-metre plot of land between Stresemannstrasse, Kieler Strasse and Oeverseestrasse are now complete. The residential complex is likely to be opened in time for the 2019 summer semester. The total investment volume is around €110 million. The project development is financed by HSH Nordbank, and the mezzanine partner is Atrium Finance GmbH. Groundbreaking is planned for the second quarter of 2017.The Fizz Hamburg Altona will have a tripartite façade structure and contain 777 apartments for apprentices, students and young professionals. The convenience...[…]