Thu, 22 Nov 07
When people talk about Urban Renaissance, they always have the City Centre in mind...
The reasons seem obvious: private investments are focused in the centre, the city policy works out strategies about recentralization, and all the discussions about architecture and city planning are concentrated on the centre. The big goal behind this process is the transformation of the industrial city to the post-modern city, resulting in the birth of a modern city of service.
Typical of a 21st century metropolis, the future of
Further economic draws are numerous national and international fairs (IFA, IAA, YOU), the growing culture industry (the 1,5 billion Museums Island project will be completed in 2012), shopping and catering as recreational events, entertainment business, and last but not least urban living.
Magnet for investors
Following the same vein, the area around the rail train station Ostbahnhof has recently been rediscovered by investors, drawing on the nearby sport arena O2 World which will be finished in fall 2008. Just around the corner, METRO and other companies have already established big shopping malls. A fantastic opportunity for investors, the city centre area between Potsdamer Platz and Alexander Platz, is today (18 years after the reunion) still not totally developed and beckons to local and international investors.
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