Commerz Real and Tishman Speyer are starting public participation in the planned new high-rise building at the historic Kaiser-Karree in the Frankfurt banking district. The new building on the complex between Kaiserstraße 28 and Neue Mainzer Straße 31 is the first to be developed as part of the new Frankfurt high-rise development plan. It stipulates that the public in Frankfurt must be involved in project planning at an early stage.
Until 18 September 2024, all interested citizens can now express their opinions and ideas online at www.kaiser-karree.de. In addition, a dialogue event will take place on Wednesday 11 September 2024 from 5 p.m. to 9 p.m. in the Kaiserstraße 30 building, where interested parties can find out about the plans and actively contribute to them. Planners, experts and representatives of the City of Frankfurt are available to answer any questions.
The currently existing complex comprises around 8,000 square metres of rental space and was used by Commerzbank until the end of 2022. Currently, the areas are subject to the so-called
pop-up creative project “Neue Kaiser” with the participation of the Frankfurt Opera, the “Frankfurter Neue Küche” and other protagonists for cultural offers, events and gastronomy and thus made available to the public.
For the further development of the area, Commerz Real, the asset and investment managers of Commerzbank, and project developer and investment manager Tishman Speyer have entered into a joint venture. The current plans include the construction of a 195-metre-high high-rise building that carefully integrates the listed existing buildings. The gross floor area - estimated on the basis of initial fictitious designs - could be around 66,300 square metres. An architectural competition is to be held in 2024 as the starting point for the planned development plan procedure
Tishman Speyer is a leading owner, developer, operator and investment manager of world-class real estate across 36 core markets in the United States, Europe, Asia and Latin America. Our portfolio includes housing, including affordable housing, high-quality office and retail space, industrial facilities and mixed-use neighbourhoods. We create state-of-the-art life science centres through our Breakthrough Properties Joint Venture, and drive innovation through our strategic Proptech investments.
With global vision, local expertise and a personalised approach, we are unparalleled in our ability to drive innovation, adapt quickly to global and local trends, and proactively anticipate our customers’ changing needs. Our focus is on health and wellness, informed placemaking and customer-oriented initiatives such as our tenant infrastructure platform ZO and our flex space and co-working brand Studio.
In this way, we take care not only of buildings, but also of the people who spend their day there. Since its foundation in 1978, Tishman Speyer has owned 533 properties with a total area of around 20.7 million square metres and a total value of more than USD 129 billion. Currently, the portfolio includes well-known buildings such as the Rockefeller Centre in New York, The Springs in Shanghai, the TaunusTurm in Frankfurt and the Mission Rock project in San Francisco, which is currently under development.
Commerz Real AG is the asset manager of the Commerzbank Group and has 50 years of international market experience. The company combines extensive know-how in asset management with broad structuring expertise and uses this expertise to develop tangible asset-oriented fund products and individual investment solutions in the real estate and infrastructure sectors. As a leasing service provider of Commerzbank, Commerz Real Mobilienleasing also offers needs-based leasing concepts.
Since 2025, the Commerzbank Group’s asset management holdings have been bundled with Commerz Real AG. In addition to Commerz Real’s brands and products, these include the Aquila Capital investment company with a focus on sustainable tangible asset investments in the area of energy infrastructure and Yellowfin as a boutique for liquid investment strategies. Under the umbrella of Commerz Real AG, a total of around 1,000 employees manage assets of around EUR 55 billion at around 20 locations.
A Commerzbank Group company