{"id":1004206883,"date":"2018-02-13T05:27:35","date_gmt":"2018-02-13T13:27:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004206883"},"modified":"2022-12-05T05:07:53","modified_gmt":"2022-12-05T13:07:53","slug":"765-foot-tall-tower-to-be-erected-in-hamburg","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/765-foot-tall-tower-to-be-erected-in-hamburg\/","title":{"rendered":"765-Foot-Tall Skyscraper to Be Erected in Hamburg"},"content":{"rendered":"

By Keith Loria<\/em><\/p>\n

\"Rendering<\/a>

Rendering of Elbtower<\/p><\/div>\n

SIGNA Prime Selection AG will construct Elbtower, a planned 765-foot skyscraper in Hamburg, Germany, designed by David Chipperfield Architects\u2019 Berlin office.<\/p>\n

Both SIGNA and David Chipperfield took part in an international competition and were selected to develop the new office and commercial building in the Hafencity district of Hamburg.\u00a0The project is set to get underway in 2021 with a planned completion date of mid-2025, and will become Hamburg’s largest building ever.<\/p>\n

\u201cHamburg, with its long history and high appeal, is getting a new urban landmark with the Elbtower,\u201d <\/em>Timo Herzberg, SIGNA\u2019s CEO, said in a prepared release. \u201cThe aim of the project is to create a place that appeals to and unites all of society, through the creation of spatial and functional structures that allow for a variety of forms of work and uses.”\u00a0<\/em>The parameters to be awarded the contract included architectural quality, reliability, financial solidity and proven experience with similar complex projects.<\/p>\n

\u201cAs architects, we are increasingly aware that the city depends on the quality of private construction projects to create a strong social dimension that addresses the complexity of the city. <\/em>said\u00a0David Chipperfield, president of the self-named firm, said.<\/p>\n

A Growing Portfolio<\/strong><\/h2>\n

SIGNA\u2019s portfolio in\u00a0Hamburg already include projects such as Alsterhaus, Alsterkaden and Kaufmannshaus. As part of the final jury decision last month, SIGNA was said to have \u201cstood out from its other two competitors\u201d by the jury. Additionally, SIGNA impressed with the resilience of its financing through high equity capital backing, with financial solidity and rich experience with similar complex projects.<\/p>\n

The project will be situated next to the Elbe Bridges and will represent both a culmination of the HafenCity development and the prelude to the entrance into\u00a0Hamburg\u2019s\u00a0city center. Thanks to the new Elbbr\u00fccken subway and urban railway station, the building is expected to become part of the new urban hub that will be reachable from the future urban development areas of Billebogen and Grasbrook.<\/p>\n

A new report from JLL and The Business of Cities, a London-based intelligence and strategy firm, entitled, \u201cWorld Cities: Mapping the Pathways to Success,\u201d named Hamburg as one of the emerging world cities<\/a> that is attracting global investments.<\/p>\n

Image\u00a0courtesy of\u00a0SIGNA<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

SIGNA will erect Elbtower based on the design of David Chipperfield Architects. The building is expected to become part of a new urban hub.<\/p>\n","protected":false},"author":451,"featured_media":1004206896,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,16,21752,21742],"tags":[39107,32796],"class_list":["post-1004206883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-international","category-mixed-use","category-latest","tag-david-chipperfield-architects","tag-jll"],"acf":[],"yoast_head":"\n765-Foot-Tall Skyscraper to Be Erected in Hamburg - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/765-foot-tall-tower-to-be-erected-in-hamburg\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"765-Foot-Tall Skyscraper to Be Erected in Hamburg\" \/>\n<meta property=\"og:description\" content=\"SIGNA will erect Elbtower based on the design of David Chipperfield Architects. 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