The shell construction of the new Thier-Galerie in Dortmund has been completed: in the presence of Dortmund's Lord Mayor Ullrich Sierau and further city representatives, the project partners of ECE and Hamburg Trust celebrated together with the builders the topping-out ceremony of the new inner-city shopping gallery.
An architectonical highlight is the four-story 'house in the house' in the center of the glass-roofed shopping center. This building part is connected with more than 25 bridges to the surrounding malls. After the opening, around 800 people will be working in the Thier-Galerie.
The 300-million project is one of Europe's largest privately financed construction projects that have been started in times of the financial crisis.
Dortmund's Lord Mayor Ullrich Sierau: "I am convinced that the Thier-Galerie will enforce our city center's attractiveness. This is underlined by the appealing architectonical design, the mature utilization concept and last but not least the first-class connection to Westenhellweg, which is already today one of Germany's most frequented shopping malls."
ECE CEO Alexander Otto: "Dortmund can already today look forward to a new, highly attractive meeting point for shopping, culture and gastronomy. With its strong appeal, the Thier-Galerie will sustainably strengthen Dortmund's position as top shopping metropolis."
For the Thier-Galerie, ECE composed a balanced tenant and branch mixture among others with manifold fashion outlets and diverse gastronomy concepts. Already now, more than 65% of the shop areas are leased to renowned retail companies. The large-scale tenants include Intersport Voswinkel, a REWE groceries store, a Thalia bookstore and the Irish fashion retailer Primark, who is currently represented at two locations in Germany.
Also in terms of climate protection Thier-Galerie is setting sustainable trends: energy saving is supported among other things by a natural ventilation of the malls. Moreover, the Thier-Galerie is provided with a special light and energy concept with dynamic light control Thereby, the luminaries are controlled according to the course of day, which optimized the energy consumption. Additionally, energy-efficient illuminants of the latest generation and certified green electricity are used.
The long-term management of the Thier-Galerie is in the hands of ECE, which also developed and planned the project. Equity partner is Hamburg Trust (56%), the ECE/Otto group (25%) as well as various private investors (19%). Together they bear around 40% of the investment amount. The outside capital in the amount of 180 million is provided by the DG HYP/Dortmunder Volksbank as conso