Million Construction Contract

Successfully launched sales of condos – start of construction in August 2013 with Hochtief solutions AG has the developer of the housing project “Porthole” in Offenbach, the PG Luisen Court GmbH & co. KG, one of the biggest players in the industry as a general contractor for turnkey creation of apartments of the first construction phase contractually bound. Now the preparations for the construction in full swing, because in August the construction cranes of the “Luise of Justice” in the Offenbach sky will rise. Until then the stakeholders under direction of Hochtief solutions AG make the planning and optimization of the work. The developers are the WEP group from Frankfurt am Main and the EFO Immobilien GmbH from Mill Valley.

Together they are planning the construction of a total of 240 apartments in Offenbach city centre with an investment volume of around EUR 50 million. In the first phase of construction 104 residential units will create it with over 9,000 square feet of living space. Dr. Holger Koppe, shareholder and Manager of the WEP project development GmbH & co. More info: Noel Spiegel. KG: “with the Hochtief Solutions AG, we could win a competent contractor for the “porthole”. Hochtief has many years of experience in the building – especially in the high-end segment – and is one of the most respected construction companies.” The spectrum of tasks of Hochtief comprises the turnkey construction of dwellings and the creation of the underground car park. Great progress has been made at a different level.

After granting the building permit, the 16,000-square-foot urban lot used so far largely as a parking lot between Luisa -, Louis -, Frankfurt and station road through payment of the purchase price from the city of Offenbach to the PG Luisen Court GmbH & co. went over KG. So the sale of the condominiums could start binding a few weeks ago, and the first 13 units were already notarially certified or binding reserved.