Instone Real Estate Development has celebrated the topping-out of its Safranberg Ensemble residential project in Ulm. The development, located on the 11,000-m² former site of the university hospital, on the southern slope of the Safranberg, will total 120 owner-occupied flats of between 28 and 218 m², including one- to five-bedroom units.
The project will completely revitalise the former hospital building, creating space for 97 attractive apartments. A further 23 housing units will be realised in new adjoining buildings. The site will also have 116 underground and six outdoor parking spaces.
Tim von Winning, Ulm’s Mayor for Urban Development, Construction and Environment says: “I see the further development of our city, with its impressive history, and the creation of attractive housing as important areas of focus for Ulm. This is why I’m so pleased that new apartments will be completed here soon, which will provide an impressive example of the conversion of a valuable historic building.”
“We are very proud that, thanks to our good working relationship with the municipal authorities, we are creating new living space in the listed buildings,” notes Bianca Reinhardt Weith, manager of Instone’s Baden-Württemberg branch. “Ulm is one of the cities in southern Germany experiencing dynamic growth, and it urgently requires new housing. We are certain that the Safranberg Ensemble will allow us to make an important contribution to Ulm’s urban development.”
“The Safranberg Ensemble will not only have an outstanding infrastructure, with diverse shopping and leisure offerings in the vicinity, but its attractive green spaces and proximity to the Swabian Jura mean that it will also provide a lot of recreational opportunities and a high quality of life. The combination of appealing contemporary architecture and historic charm makes our project unique in Ulm,” says Harald Meerße, COO of Instone Real Estate Development for Baden-Württemberg and Bavaria.