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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.

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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.

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