With the Olympia Gate Munich (OGM) joint venture, STRAUSS & CO. Development is partnering Münchener Grundbesitz Verwaltungs GmbH in building the southern core areas of Munich's new Ackermannbogen quarter.
The site is to house five buildings with a total above-ground gross floor area of 25,805 sqm, including some 2,000 sqm retail space, a medical practice, a boarding house, a hotel and premium-quality apartments. Concrete proposals were gathered through a project competition staged jointly with the city of Munich in spring 2012.
The buildings will be ready for occupation by spring 2015.
Facts & Figures
Type: Commercial, residential
Property: approx. 15.000m²
Total area: approx. 25.600m²