The municipality of Hengelo, Heijmans IBC Vastgoedontwikkeling and Van Wijnen Groep have signed the cooperation agreement for the development of Hart van Zuid, a redevelopment area of 50 hectare near the railwaystation in Hengelo.
The area between the station and the canal can be redeveloped because Stork is concentrating its activities on a smaller area. The development is aiming to realize 1700 houses, 17.000 mÃÂ² retail, 100,000 mÃÂ² offices, 70,000 mÃÂ² industrial and 55,000 mÃÂ² Regionaal Opleidingscentrum (Regional Educationcenter) with community college. Also a leisure area should be developed next to the railway.
The first building to be built is the Regionaal Opleidingscentrum, delivery expected in 2006. In the area a lot of industrial heritage is present because of the long presence of Stork which will be maintained as much as possible. The municipality itself will invest Ã¢âÂ¬ 22.5 mln. in the plan.