Parkstadt Leipzig: 600 new apartments for better living!

Parkstadt Leipzig: 600 new apartments for better living!

Parkstadt Leipzig, Deutschland - The housing in the park city of Leipzig picks up speed. On June 18, 2023, INSTONE REAL Estate and the housing cooperative contact e.G. celebrated the progress of three new apartment buildings with a total of 59 residential units. On this solemn opportunity, even a time capsule was symbolically sunk, which should hold the hopes and dreams of future residents: on the inside. These new buildings are part of a comprehensive plan for neighborhood development, which should be completed by the end of 2027 and will offer a variety of living opportunities. L-II reports that a total of around 600 apartments, including 90 socially funded units.

In spring 2024, the housing cooperative acquired 23 subsidized apartments, which are located in three townhouses in the southern area of ​​the parking town. These apartments were completed in May 2024 and offer a living space between 59 and 83 m², including balconies or small terraces. Jörg Keim, CEO of the WBG contact, emphasized the importance of these socially funded apartments and emphasized the successful cooperation with Instone Real Estate. Leipziginfo adds that more than half of the planned construction projects are already in completion.

construction progress and future plans

With two of the three new buildings in the shell and the construction of the construction for the third, which should take place shortly, the signs are clearly set for growth. It is expected that all new buildings will be ready for occupancy by the end of 2026. In total, not only apartments, but also open spaces, a daycare center and a local supplier will be built on an area of ​​14 hectares. The new buildings are environmentally friendly and planned according to the KfW Efficiency House 55 standard, which underlines the sustainability of the project. Instone reports that 350 apartments are to be renovated in listed buildings.

In addition, 550 parking spaces are built and over 1,000 trees are planted to increase the quality of life in the new city district. This ambitious project already has a positive impact on the housing market in Leipzig, where the need for social living space is still high. It remains exciting to see what the next steps will look like in the implementation of the Parkstadt Leipzig.