The Anschutz Entertainment Group (AEG) is client for the Mercedes Platz development, which is in front of the Mercedes-Benz Arena. The aim is for it to become the heart of the growing urban quarter adjacent to the East Side Gallery.
Ground-breaking will take place in early June for the project, which involves a total investment of about €200m (£158m). Completion is due in autumn 2018.
AEG’s vice president real estate and development Michael Kötter said: “We are delighted that in Hochtief we have acquired a reliable partner with great experience of major projects for the construction of Mercedes Platz. Our agreement ensures that the project will be completed on time and within budget.â€
Thilo Warlich, Branch Manager of Hochtief Building Berlin: “We are honored by the trust Anschutz has placed in us to build Mercedes Platz. We have already prepared thoroughly for the project in an effective pre-construction phase, and implemented technical optimisations. We look forward to this exciting construction challenge and an excellent working relationship with Anschutz.â€
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