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"Rheinallee I" development site in the Zollhafen district in Mainz sold to Heureka Development and SORAVIA

"Rheinallee I" development site in the Zollhafen district in Mainz sold to Heureka Development and SORAVIA

  • 17,000 sq m GEA of residential and hotel planned, opposite the Kunsthalle

Mainz, 13 October 2017 – The Zollhafen investors CA Immo and Mainzer Stadtwerke AG have sold the Rheinallee I site along the Rheinallee in Mainz, to a consortium of Heureka Development (Darmstadt) and SORAVIA (Vienna).

The sale of the site opposite the Kunsthalle Mainz, which totals around 6,400 sq m, was recently notarised. 17,000 sq m of floor area (GEA) is developable and, as well as residential, around 6,500 sq m is earmarked for commercial uses, for which a hotel is planned.

Construction should start in early 2019, with completion scheduled for 2021.

Olaf Heinrich and Jakob Vowinckel, directors of Zollhafen Mainz GmbH & Co. KG, are delighted that the Rheinallee axis has been fully sold. “Now that we have been able to place Rheinallee I profitably on the market, all the sites are now sold – from the Kunsthalle to the Fire Station in the north.