News ReleasesMunich Tucherpark in the Eisbach district: Master plan presented and published in full for the first time

Time to read5 min.
updated at02/13/2025
CategoryNews Releases
Aerial view of a city with a river, surrounded by trees and modern buildings, in a clear sky.

Tucherpark in the Eisbach district is entering a new development phase. Today, the committee for urban planning and building regulations in Munich presented for the first time the current master plan as the basis for the development and green plan of city planning councillor Elisabeth Merk. It was developed as part of a so-called cooperative process of the investors Commerz Real, their real estate funds hausInvest and Hines Immobilien with representatives of the city, the competent authorities and parliamentary committees, architects, city planners, monument protectors, environmental associations and citizens of Munich.

“With the master plan, we now have an overall concept for a future-oriented city district that will set international standards,” praises Ina Laux, architect and urban planner and chair of the project advisory board for the Tucherpark. “This not only concerns the careful handling of the architectural heritage, but also its aesthetic and ecological development.” 

Tucherpark is a fillet in the heart of Munich and in the middle of the greenery - financed by our investors, many of whom are from Munich.
Mario Schüttauf
hausInvest fund manager since 2007

These enable a unique living and working environment that connects urbanity and nature, thus creating added value for the city and its citizens." In addition to modern offices, apartments, catering and cultural as well as sports and health services are planned. Sustainable energy concepts that make use of solar and hydropower as well as the waste heat from the existing data centre and rainwater are intended to enable climate-neutral building operation throughout the district. Investors can therefore imagine their own hydropower plant on the Eisbach river. “That would be an absolute novelty in Germany,” says Schüttauf.

A complex process has resulted in a robust plan. This gives us the flexibility we need for short-term measures such as the renovation of the Hilton Hotel and other important buildings, while also creating a solid basis for long-term developments.
Christian Meister
Managing Director at Hines Immobilien GmbH

In addition to office space for 4,000 jobs, the focus of the plans is on revitalising the ground-floor areas and creating around 600 apartments with a high proportion of rental housing and social loyalty. Investors attach great importance to the preservation of the existing buildings and the more than 1,600 trees. The building stock, which is partly protected as an individual monument, is largely preserved and revitalised or further developed in line with the monuments - in terms of energy, building physics and flexible uses.

At the same time, new social infrastructures are to be created, such as daycare centres. The neighbourhood has already begun to come alive with activities for the public. For example, the former sports area in the north has regular fitness facilities from “Eisbachfit” as intermediate use, and “PadelCity” offers the trend sport padel tennis on converted tennis courts.

“I am pleased that the master plan contains a mobility concept that complements the technical development of the Tucherpark,” says Advisory Board Chairman Ina Laux. While Ifflandstrasse and Tucherparkstrasse will remain the main access roads, Tivolistrasse will be relieved. Optimised pedestrian and bicycle paths, sharing services, additional bicycle parking spaces and a direct connection to local public transport are intended to promote the switch to environmentally friendly transport. The efficient use of the existing underground car parks and a reduction in vehicle parking spaces complement the mobility concept.

The first construction measures have already begun with the revitalisation of the former IBM house on Ifflandstraße, the terrace house and the individual Kiessler Bau monument in the west of the area.

The first new office space is expected to be ready for occupancy by the end of 2026. Hilton had signed a new long-term contract for the existing hotel. The building will be extensively replanned and renovated and is scheduled to reopen in 2029.

Modern office with large windows, several desks, computers and office chairs, surrounded by a green landscape.
Impressions from the new Tucherpark
A large hotel building with a glass facade, green roof and surrounding trees, with a lively street in front.
Impressions from the new Tucherpark
A modern, glazed office building by the water, surrounded by trees and people on a pavement.
Impressions from the new Tucherpark

About Commerz Real/hausInvest

Commerz Real is the asset manager for tangible asset investments of the Commerzbank Group and has 50 years of international experience in the market. More than 800 employees manage assets of around 34 billion euros in renewable energies and real estate at the headquarters in Wiesbaden as well as 17 other locations and branches in Germany and abroad.

With a volume of over 16 billion euros, hausInvest is Germany’s second largest and one of the oldest open-ended real estate funds. Since 1972, private investors have been investing in high-quality real estate in very good locations in growing metropolises and city centres in Germany, Europe, the USA and Australia.

In addition to the Tucherpark, the Munich portfolio of hausInvest 17 includes other properties worth around EUR 2.3 billion, including the Seidl Forum and Karolinen Karree in Karlstraße, The Seven in Müllerstraße, the Nymphenburger Höfe in Nymphenburger Straße, the Palais am Jakobsplatz, the Visio commercial park in Landsberger Straße and various residential properties. Recently, the fund acquired the newly built residential complexes “Nockherberg Noc 2.4” on the former premises of the Paulaner brewery in Au and “Diamaltpark” on the decommissioned premises of Diamalt AG in Allach-Untermenzing. Both include a significant proportion of publicly funded housing.
 

About Hines

Hines is a world-leading real estate investment company. We own and manage assets worth 86.91 billion euros, which are distributed across different asset classes and used by a wide range of institutional and private customers. Every day, our 5,000 employees in 31 countries, based on our 67-year history, work to move the world forward by investing in, developing and managing some of the best real estate in the world.

To learn more about Hines, visit www.hines.com and follow @Hines on social media.

A man in a suit is smiling next to a sofa, with a lamp and two letter pictures in the background.

Media contact

Commerz Real and real estate
Gerd Johannsen
+49 151 11761717gerd.johannsen@commerzreal.com

1includes both the global Hines organisation and RIA AUM as at 30 June 2024.