German open-ended fund manager CommerzReal this week formally launched the start of construction of 2Amsterdam, a new mixed-use development in the heart of Amsterdam's Zuidas financial district on the site of its former Twin Towers.
'With the repositioning of the office tower we are taking into account the considerable demand for high-quality office space in Amsterdam,' said Martijn Houwen, head of real estate markets Benelux at Commerz Real.
'The hotel and the first sky bar in the Zuidas business district will significantly enhance the attraction of the area.'
Commerz Real is recreating 20,000 m2 of office space and a four-star Meliá hotel with 328 rooms together with its Dutch partner Provast. The new development will also comprise 376 underground car parking spaces.
The 21st floor of the hotel will boast a sky bar affording a panoramic view over Amsterdam which will also be accessible to the public. The hotel and the car park are scheduled for completion at the end of 2020, the office tower in spring 2021.
The two towers will be connected to one another by a green area and are aiming for an Excellent BREEAM (Building Research Establishment Environmental Assessment Methodology) certification.
CommerzReal has been the landlord of the Twin Towers for roughly 20 years via its open-ended real estate fund hausInvest. The building was designed by KCAP Architects & Planners, which was also responsible for the development of Hamburg’s HafenCity. The lead building contractor is JP van Eesteren.
