The project sounds very exciting in principle: In Berlin-Steglitz, the Adler Group is developing the “Überlin” project. The former high-rise building “Steglitzer Kreisel” at the southern end of the shopping mile Schloßstraße is to become the residential project “Überlin”.
After the former office and administration building had stood empty for decades, the Adler Group has taken on the ambitious project of turning the building, which is in serious need of renovation, into a residential tower that will meet the highest standards. To this end, the building is being completely gutted. The new apartments will be built in the remaining skeleton of concrete and steel.
PROJECT DELAYED BY TWO YEARS
The apartments were to be completed by 2022. At least, that was the planning status as recently as April 2020, when the first wave of the Corona pandemic was rampant and had also affected numerous construction projects within the capital.
So also with the project “Überlin”, because: The completion of the project will be delayed by two years, as the project developer recently announced. Back in November 2020, the company informed buyers that the completion of the 330 condominiums in the future residential tower will be delayed by two years.
330 CONDOMINIUMS TO BE BUILT
So the new completion date is set for early 2024, with a topping-out ceremony scheduled for the fourth quarter of 2022. In addition to the Covid 19 pandemic and the restructuring caused by the change of ownership (originally the “CG Group” had been responsible for the project, then the successor company “Consus Real Estate”), it was in particular additional expenses for the neighborhood and base planning as well as for the building renovation that had caused delays.
A spokesman for the developer commented on the delays as follows: “A construction project of this scale presents unforeseen challenges to a developer, even with the best advance planning.”
THE base building WILL ALSO BE REBUILT AND MODERNIZED
The base building under the future residential tower will also receive a complete makeover. The developer plans a unified natural stone façade with retail and office space. A six-story facade of glass and natural stone will clothe the base in the future. The redesign of the base building had only been negotiated and decided during the already ongoing reconstruction of the future residential tower.
The demand for housing in the district is great: In recent years, around 70,000 people have moved into the Steglitz district, making it one of the most sought-after residential areas in Berlin – and the trend is rising.
STEGLITZ IS ONE OF THE CITY’S MOST SOUGHT-AFTER RESIDENTIAL LOCATIONS
Schloßstraße, Berlin’s second largest shopping street, represents the commercial center of the district. This area also includes Steglitz City Hall and the popular Schlosspark Theater. The nearby Botanical Garden is one of the most diverse gardens in the world.
However, the fully privately financed project does not include any (subsidized) rental apartments, but is composed entirely of owner-occupied properties. The appearance of the high-rise building will change completely as construction work continues. The facade of the once dark administrative building will be completely replaced by light and modern materials.
The different design of the façade is intended to reflect the building’s diverse, individual uses. Each apartment will have a loggia or balcony, changing and reorganizing the structure of the building.