Jebens Mensching advises DC Developments on the acquisition of a residential building and a residential tower located in the Überseequartier, Hamburg

The Hamburg-based project developer DC Developments takes over the development of 400 apartments located in the southern Überseequartier of Hamburg's port from Unibail-Rodamco-Westfield. DC intends to build 306 upscale units with 20,100 sqm on construction site A on San-Francisco-Straße according to plans by the architect Carsten Roth, and 96 flexible-layout luxury condominiums with 7,500 sqm (KBNK Architekten) on the neighboring site E3 after Unibail-Rodamco has finished constructing retail space on the ground and lower levels (on the 2nd floor as well as E3). E3, which will be 60 m high, may contain a department store with up to 15,000 sqm. Completion for this project as well as for the entire southern Überseequartier is planned for autumn 2022. Its 200 shops, restaurants, entertainment attractions and three hotels are intended to form a commercial focal point in the Hafencity. The 30 m high Building A will have ten floors with stair-like gradations facing south, giving the upper floors roof terraces with river views.