| Home : April 2015 : April 22, 2015 News : In Berlin, Alexanderplatz is Hot Again --- This Time for Architects |
In Berlin, Alexanderplatz is Hot Again --- This Time for Architects |
April 22, 2015
For nearly half a century the tallest building in Berlin has been a relic of its Soviet past. The Park Inn, a slender glass and concrete hotel in Alexanderplatz, was erected in the late 1960's to mark East Germany???s 20th anniversary.
The 410-foot tall edifice, called Hotel Stadt Berlin at the time of its construction, can still be seen across much of the low-slung German capital today, standing in the shadow of the city???s television tower, the iconic sphere that stands just over 1,200 feet.
Yet as Berlin???s property values continue to soar - rising faster than any German city over the past five years - residential developers are set to challenge the Park Inn???s elevation supremacy. Two international builders have unveiled plans to erect skyscrapers at Alexanderplatz that will stand nearly 500-feet high and house some of the most expensive property in the city.
Russian developer MonArch AG, one of Moscow's largest builders, plans to construct a sleek glass and steel tower that will...
http://abcnews.go.com/Business/berlin-alexanderplatz-hot-time-architects/story?id=30431677
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