Garbe Industrial Real Estate GmbH has begun the redevelopment of a 56,000 square metres brownfield site in the Meiderich district of Duisburg, Germany.
The site, which Garbe acquired over two years ago, was previously used by the steel industry and is located on the Zeus site. The project aims to create a multi-user park of around 29,000 square metres for commercial and logistics use. The construction is scheduled to start in Q1 of 2024, with a total investment of c. €50 million.
Garbe Industrial Real Estate will carry out additional special foundation measures to deal with the unfavourable building ground, due to the high water content in the areas where blast furnace slurry ponds were created during pre-industrial use. The multi-user park is expected to be completed by December 2024, and will feature two multi-user halls, two commercial park blocks, and a photovoltaic system to generate renewable energy.
Source: europe-re.com on the 2nd of November 2023
https://europe-re.com/garbe-begins-50m-redevelopment-project-in-duisburg-de/72308