FORUM Schwanthalerhöhe München

New neighborhood center on Theresienwiese

From a former furniture store to a lively shopping district: The project location formerly used by the XXXLutz furniture store is located directly on Theresienwiese and therefore in an outstanding inner-city location in Munich. HBB acquired the property and planned to convert it into a shopping district tailored to the location. A neighborhood center with retail and restaurants as well as public uses has been created on a total of around 25.000 m² of rental space. The entire area was restructured for this: Shorter paths, new liveable green spaces and better lighting make it easier to move through the district and make the area more attractive.

Joint solution with Bayerische Hausbau

The owner Bayerische Hausbau also planned renovation work on the directly adjacent properties. That's why HBB agreed on an overall concept with Bayerische Hausbau for the implementation. The uses were coordinated in terms of content and, in particular, a common solution for transport access was found. The goal here was to create a sustainable concept that integrates into the district and enriches it through its diversity. A jointly determined mix of uses strengthens and complements existing structures.

The investment volume, including tenant improvements, amounted to around 240 million euros. In 2020, FORUM Schwanthalerhöhe received the Real Estate Manager Award.