A joint venture between Tishman Speyer, RB Real Berlin Group and CESA Group has started construction of the 61,200 square metres mixed-use LXK Campus in Berlin's Friedrichshain-Kreuzberg district. The project is part of Tishman Speyer European Real Estate Venture VIII, the pan-European value-add fund of the international project developer, owner, operator and investment manager of first-class real estate. Hamburg Commercial Bank has contributed to the financing of the project; the parties agreed not to disclose any details.
The LXK Campus, located at the Lange Strasse X Krautstrasse intersection in the immediate vicinity of Ostbahnhof train station, is part of the new CBD East between the central Alexanderplatz square and transport hub and Mediaspree, a media-focused office district on the River Spree. The campus and the activation of the directly adjacent railway viaduct will create a new, central public square that will further enliven the surrounding area.
Designed by MVRDV from Rotterdam, the LXK Campus consists of two buildings with a planned 9,350 square metres of residential space and 51,850 square metres of office and commercial space. On the ground floor, restaurants, small-scale local shops and communal facilities will enrich the campus and the surrounding area. The development will also have a large green inner courtyard with recreational areas, a variety of sports and leisure facilities and large terraces. Completion is planned for the second half of 2026.
Source: europe-re.com on the 15th of December, 2023
https://europe-re.com/tishman-rb-real-berlin-and-cesa-begin-construction-on-lxk-campus-de/72478