- HBB concludes tenancy agreements with EDEKA, Woolworth, Rossmann and K+K
- Construction plan clears the next hurdle
Minden/Hamburg, 03/05/2019. In 2017, “HBB Hanseatische Betreuungs- und Beteiligungsgesellschaft mbH” (HBB) put forward ideas for a new shopping precinct. After an intensive planning phase, HBB could then conclude vital letting contracts with the anchor tenants of the planned precinct. The construction planning processes also went into the next important phase..
Rewarding tenant mix
EDEKA, Woolworth, Rossmann, K+K Shoe Market and others: The tenant mix consists of several anchor tenants, complementing by their drawing power as retailing magnets the improvable inner-city offering. In addition to an enticing and freshness-oriented food market from the EDEKA company, Rossmann the chemists, are taking up their place on-site in a new and modern way. To which are to be added the Woolworth’s store, connecting with the tradition of the earlier store, as well as further specialist stores and shops with their ranges typical of the inner city. The Projekt covers almost 7,000 sqm of rental space with eight tenants over two retail floors. The grocery store extends over the lower level with direct access to the 140 public, ground-level parking spaces. Over approx. 2,400 sqm of retail space, a modern EDEKA Centre with a feel-good atmosphere is to be created. Customers will find a wide selection of products from a range of around 25,000 items – from the own-brand GUT&GÜNSTIG (basics) products to discount price level, via branded items, right up to regional, national and international specialities. On the upper level with access to the pedestrian area, the new, large stores for Woolworth’s and Rossmann will be created. The footwear store, K+K Shoe Market, will open a modern shop here. Heino Schmidt, EDEKA’s Division Manager for Expansion/Location Safeguarding, looks forward to concluding the new letting contract: “We were always convinced about this site and we are pleased that we can offer our customers a modern and experience-rich local supply right here in the middle of Lübbecke. These are the concepts of the future. Together with the other tenants, the shopping precinct will be set up in a sustainable and crisis-proof way. HBB is exactly the right partner for this.“
Its excellent location at the end of the pedestrian area, access to the inner city, as well as the outstanding transport links and visibility of the site have been put to good use by HBB, in developing a contemporary shopping district for Lübbecke. In this way the inner city has been strengthened and existing gaps in the offering have been filled by the retail infrastructure. The whole area around the former “Deerberg” store and the municipal car park has been upgraded via urban development and wrapped into the town’s context. The car park was created from the present site of the bus garage, which has been relocated and newly-built directly next to it. The architectural concept deriving from two corresponding building structures was the brainchild of RKW+ Architects in Düsseldorf.
Planning procedures well under way
The required construction plan is being set out. At the time, disclosure of the corresponding plans and reports was happening. By the summer, planning procedures could be completed. Harald Ortner, HBB’s Managing Director: “We are pleased that after intensive negotiations and in the face of difficult trading conditions, quality tenants could be attracted for our project. Now we need to take the next steps of approval procedures together with the town, to implement the project.”
EDEKA Minden-Hanover in profile
EDEKA Minden-Hanover, with its turnover of 8.72 billion Euros and more than 73,000 employees, including independent retailers, has the strongest turnover of any regional company in the cooperatively-organised EDEKA corporation. The commercial territory stretches from the Dutch to the Polish borders, including a part of the Detmold region, almost all of Lower Saxony, Bremen, Saxony-Anhalt, Berlin and Brandenburg. Two-thirds of more than 1,500 stores are in the hands of EDEKA independent retailers. Additionally, 24 C+C hypermarkets (MIOS), five bread and baked goods businesses (“Schäfer’s”), as well as two meat and sausage production companies (“Bauerngut”) belong to EDEKA Minden-Hanover. EDEKA Minden eG was founded as a co-operative association by independent traders in 1920. Today around 600 co-operative members belong to EDEKA Minden eG.
The HBB group of companies with its head office in Hamburg has been active in the property sector for almost 50 years as an investor and project developer. Across Germany, a myriad of retailers, offices, hotels, senior citizen and other real estate has been built. HBB considers itself to be a specialised property investor with the ambition to create long-term value. Instead of maximising short-term profit, a focus of sustainability and compatibility has been laid upon the buildings. HBB is an owner-managed business and has access to a well-trained team of around 60 employees. “HBB Centermanagement GmbH & Co. KG” has been entrusted with other Shopping Centres, among others in Langenhagen, Gummersbach, Hanau, Hamburg-Krohnstieg and Munich soon as well.