In order to tackle the challenges of the future, the Federal State of Bremen will increasingly focus on green and sustainable projects in the booming property sector, and on partnerships – including across state borders. From 7 to 9 October, the state of Bremen will be presenting a selection of building projects at the real estate trade fair Expo Real in Munich with a view to attracting further investment.
Cities and their hinterlands are growing, humans are consuming more and more resources, and the climate is changing. In order to tackle these challenges, the Federal State of Bremen is focusing on projects that meet the demands of the environment, the economy and the community. Überseeinsel is one of these projects, and will be a key topic showcased by the federal state at this year’s Expo Real in Munich. The urban district in Bremen’s Überseestadt is designed to combine living, business, culture, leisure and education. The vision imagines plenty of green spaces, little traffic and a mainly carbon-neutral energy supply. The area comprises 41 hectares of prime Bremen real estate, less than two kilometres away from the market square, the Roland statue and the Bremen Town Musicians. Local residents were closely involved in the project’s initial planning, with just under 800 people submitting their ideas for the new quarter. The first construction phase will begin in 2021 on the former Kellogg site, a 15-hectare plot where the company used to process 500 tonnes of corn into breakfast cereal every day. One of the first tenants has already taken up residence: Gemüsewerft, an inclusive urban gardening project. The plans for the future envisage the construction of 1,200 homes, a school and a hotel, as well as a range of businesses, including a brewery and an organic supermarket.
Another first is the partnership with the town of Achim. This is the first time that Bremen will be jointly developing a business park with a neighbouring authority in Lower Saxony. Starting in 2020, the new Achim-West business park is set to be developed on a 90-hectare plot near the Bremer Kreuz motorway junction. The development costs, the proceeds of sale and future tax revenues will all be shared. Both local authorities aim to invest around €140 million in the development by 2036.
“This is a cross-border investment that will pay off and create many new jobs in the region”
-Kristina Vogt, the Senator for the Economy, Labour and Europe of the Federal State of Bremen-
According to an expert report, the business park will generate between 3,800 to 6,200 jobs by 2040. There are also exciting prospects for the commercial and residential real estate markets. Compared to the rest of Germany, property prices are relatively cheap, vacancy rates are low and yields are stable. “Bremen is seeing stable to very good performance across all market segments, making it an exciting place for developers and investors,” Vogt adds.
The LUNE DELTA business park in Bremerhaven is a beacon project set for development next to the largest nature conservation area in the state of Bremen. The business park will be supplied with 100 per cent renewable energy, and from the outset LUNE DELTA will be planned and developed as an integral element of the Lune riverscape. All buildings and facilities will be connected to a local heating network fed by renewable sources. Other sustainability measures include the extensive use of green roofs, the minimisation of light emissions and end-to-end recycling. A nursery and daycare centre near to work and spaces for sport and recreation are also planned. “The Lune Delta offers a highly innovative environment for companies of all sizes that want to conduct their business sustainably and create attractive workplaces. We will establish the conditions to enable a broad range of sectors to benefit from each other and interact in an internationally competitive way,” says Vogt. Dr Maike Schaefer, the Senator for Climate Protection, Environment, Mobility, Urban Development and Housing of the Federal State of Bremen, adds: “We want Lune Delta to assume a pioneering role for the development of other business parks. Only by combining economic, environmental and social targets will we be able to master the challenges of climate change and increase our competitiveness even further.”
LUNE DELTA is set to be certified according to the standards of the German Sustainable Building Council (DGNB). The DGNB will be awarding the project a preliminary certificate at the 2019 Expo Real.
The state of Bremen will be presenting further projects from the real estate sector at the Expo Real trade fair in Munich from 7 to 9 October 2019. A total of 29 companies from Bremen, Bremerhaven and the neighbouring town of Achim will be showcasing their work at a shared Bremen stand (stand no. 240, hall B2).
Bremeninvest is organising the Bremen stand at the Expo Real in Munich in October 2019 on behalf of the Senator for the Economy, Labour and Europe of the Federal State of Bremen.
Bremen reception on 7 October 2019 at 1pm
A reception with Kristina Vogt, Senator for Economic Affairs, Labour and Europe of the Federal State of Bremen, and the mayor of Bremerhaven, Melf Grantz, will be held on Monday, 7 October 2019, at 1pm at the Bremen stand (hall B2, stand 240).
Last year, one of the most important trade fairs for real estate and investment in Europe, Expo Real, had to be cancelled due to the pandemic. This year it will be hosted again in Munich. The State of Bremen will also be in attendance from 11 to 13 October 2021 to promote its real estate projects in Bremen and Bremerhaven.Learn more