The inner-city site covers a total area of 24 500 square metres and is divided into two construction phases. The first phase has been ongo-ing since spring 2020 and comprises 150 apartments. A further 155 apartments will be built in the second phase of construction.
Yesterday, 11 May 2023, Swiss Life Asset Managers celebrated the topping-out ceremony for the new “Constance” residential area on Poppelsdorfer Allee in Bonn together with project partners and guests.
Swiss Life Asset Managers is developing a mixed-use neighbourhood on the site between Poppelsdorfer Allee, Prinz-Albert-Straße, Heinrich-von-Kleist-Straße and Bonner Talweg comprising several buildings with apartments and office space. The new apartments are being built in two separate construction phases.
Entitled “Constance”, the first construction phase comprises the interior area between the listed buildings “Deutscher Herold” and “Villa”, and has been under construction since spring 2020. 150 apartments are being built here, of which 39 receive social housing subsidies and 111 are privately financed. Completion is scheduled for the beginning of 2024. More than two thirds of the apartments have already been sold.
In a second construction phase, another 155 apartments are being built at Poppelsdorfer Allee/the corner of Prinz-Albert-Straße. The listed former head office building of Zurich Insurance on Poppelsdorfer Allee is also undergoing extensive renovation by Swiss Life As-set Managers. The University of Bonn will move into the building as a new tenant later this year, and a daycare centre is also being built in the inner courtyard on the site.
“We are proud to be making an important contribution to the future-oriented urban development of Bonn with this project in the heart of the Südstadt district,” says Anett Barsch, Head of Real Estate Project Development and member of the Executive Board of Swiss Life Asset Managers in Germany. “Constance will offer an attractive living environment and enhance the cityscape of Bonn.”
The project development is centrally located in one of the most popular and distinctive urban districts of the city. Poppelsdorfer Allee is characterised by its avenue of chestnut trees and historical buildings, and has numerous bars and restaurants in the immediate vicinity. There are various green spaces and parks in the sur-rounding area, such as Poppelsdorfer Schlosspark or the Botanical Garden. The location has very good public transport links and offers a fast connection to Bonn city centre.
Swiss Life Asset Managers Deutschland
Phone: 0151 72167783