24 June 2021
Demolition and deconstruction work at “Löhr’s Eck” in Leipzig almost completed
The demolition and deconstruction work at the future headquarters of the ARCADIA Investment Group is almost completed. After all remaining tenants left the building in the past weeks, the residential and commercial building was almost completely gutted in preparation for the extensive modernisation work. The building permit for the conversion measures of the property is expected in September 2021. Overall completion is scheduled for the first quarter of 2022.
The conversion of the building, which was constructed in 1993, is being supervised by the architectural firm Kalkof Architekten GmbH. In the course of the redesign of the property, the DGNB label in “Gold” is being aimed at, which underlines the sustainability and quality of the building fabric and the conversion measures.
After completion, “Löhr’s Eck” will have around 4,450 square metres of rental space. The company’s planning and construction, marketing, sales and administration departments will move into the upper floors. The financing subsidiary and the residential subsidiary will be in the shops on the ground floor. In the future, the employees of the group of companies can look forward to modern and innovative office space with generous communication and creative areas, a fitness area, an outdoor terrace, an underground car park as well as outdoor parking spaces for a total of 46 cars.
The real estate developer ARCADIA had already acquired the property at Löhrstraße 17 in Leipzig’s inner city ring road from VICUS Group AG in autumn 2020. ARCADIA’s future headquarters is in the direct vicinity of the head office of Sparkasse Leipzig, The Westin Leipzig hotel and the future headquarters of Sächsische Aufbaubank (SAB).