Yesterday (June 3, 2009) the AIRRAIL CENTER FRANKFURT celebrated its topping-out ceremony in Frankfurt/Main, Germany. The spectacular construction and one of the largest projects currently being built in Europe is therefore approaching its completion. Work is scheduled for completion in spring 2010. The building, with a length of 660 meters and a width of 65 meters, constructed over the ICE airport train station in Frankfurt, is a symbol of mobility with direct connection to the airport, railways and highways.
In addition to office space, the building contains two hotels plus catering and retail offerings on total space of 140,000 m². Around 58% of rental space is currently let. The costs of the project amount to 840 million. AIRRAIL is a joint project between IVG Immobilien AG and Fraport AG.
Gerhard Niesslein, CEO of IVG Immobilien AG, said: "Thanks to its immediate proximity to three modes of transport, Airrail is networked with the Rhine-Main region, Germany, Europe and the world. This makes it a unique property."
Wilhelm Bender, CEO of FRAPORT AG, commented: "The Airrail Center will represent this developing airport city like no other. With its foundations firmly anchored at the location, the building's atriums and levels are an action area open to globalization: places for international encounters and global exchange, a basis for entrepreneurial expansion in globalization, a hub for trading in knowledge and goods."
In their speeches, both gentlemen thanked everyone involved with the project. The Deputy Premier of Hesse Jörg-Uwe Hahn and City Councillor Edwin Schwarz also took part in the festivities, representing the city of Frankfurt/Main.
Source: IVG
