Kintyre secures planning for €300m Markisches Quartier scheme (DE)

Kintyre secures planning for €300m Markisches Quartier scheme (DE)

Kintyre has received full planning permission for its ‘Markisches Quartier’ project in Reinickendorf, Berlin - a mixed-use development totalling 80,000m² of commercial and residential accommodation.

 

Kintyre’s regeneration project located in Berlin’s northwest is designed with future living at its core and aims to provide a seamlessly integrated ‘work, live, leisure’ urban precinct.  The new Markisches Quartier will provide 360 residential properties, a 12,500m² medical centre, 10,000m² office, a kindergarten, one of Europe’s largest market halls, retail shopping, and a 8,000m² urban rooftop garden for the enjoyment of the residents and occupiers. Total investment volume will be close to €300m.

 

Phases 1 & 2 of the project, which involved the renovation of existing buildings, and demolishment of surplus infrastructure, has already been completed. With the recent receipt of final building approval, the project can now proceed with the final and most significant phase of the project, the construction of all new build elements of the precinct.

 

Adam Pearce, co-founder and managing partner of Kintyre said: “Schemes like the new MQ, cannot be realised without close collaboration with all stakeholders, we are therefore very thankful to the local authorities, our exiting tenants, local residents, and the great team of professionals that have worked on this project with us for over 4 years already. Markisches Quartier is one of the most significant urban regeneration schemes in Berlin over recent years. The pandemic has caused people all over the world to reflect on where they live and work, with more importance placed upon the work-life balance. Mixed-use projects such as this illustrate what can be achieved in terms of reimagining urban living and creating sustainable environments that bring tangible benefits to residents, businesses and their workforce.” 

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