Redevco has officially started construction of its ALEA 101 scheme in Berlin. The mixed-use retail, office and residential property designed by Berlin architects Sauerbruch Hutton will be completed by early 2014, on Alexanderplatz, adjacent to the television tower.
Redevco has officially started construction of its ALEA 101 scheme in Berlin. The mixed-use retail, office and residential property designed by Berlin architects Sauerbruch Hutton will be completed by early 2014, on Alexanderplatz, adjacent to the television tower.
The stand-alone building, around 30 metres high, comprises a basement, ground floor and four upper floors totalling around 19,000 m² gross area. Some 10,000 m² in the basement through to the second floor are designated for retail and catering. Some 90% of this space is already let.
'This project development has a very special significance to our company, as a sister company of C&A,' said Heinz Brenninkmeijer, managing director of Redevco Germany. '101 years ago, in 1911, the first C&A store in Germany opened on this very spot. We are delighted to be carrying on the retailing tradition at this high-footfall, historic location.'
ALEA 101 is designed as a green building and will have the BREEAM and DGNB sustainability certificates. The development has already been awarded a Gold pre-certificate - the highest rating there is - by the German Sustainable Building Council (DGNB).
