A joint venture of Austrian listed property Group CA Immo and private housing developer JP Immobilien has announced plans to develop 250 apartments and 170 parking spaces directly at Erdberger Lände in Vienna's third district.
A joint venture of Austrian listed property Group CA Immo and private housing developer JP Immobilien has announced plans to develop 250 apartments and 170 parking spaces directly at Erdberger Lände in Vienna's third district.
Construction of the project, which is expected to represent an investment of around €60 mln, is scheduled to start in summer 2016. Completion is planned for the end of 2017.
'We have been developing this location into an urban city district under the name of Lände 3 offering perfect quality for working and living since 2010,' commented Bruno Ettenauer, CEO of CA Immo.