Krohnstieg Center Hamburg

modernization during ongoing operations

In the north of the Hanseatic city of Hamburg, between Fuhlsbüttel and Norderstedt, lies the green and livable district of Langenhorn. Its approximately 45.000 residents mainly use the Langenhorn Mitte district center, which is oriented along Krohnstieg Street, for their shopping. This includes the Krohnstieg Center, which opened in 2004 and offers around 18.000 m² of rental space on its five floors. HBB acquired the property in mid-2016 and has been managing the center since then.

This district center has now been comprehensively modernized by HBB in order to eliminate the functional and visual deficiencies of the center. The renovation work began in the first quarter of 2019 and was carried out in several phases. In addition to the facades, the retail areas in the basement and ground floor were restructured. The interior areas were redesigned and more places to stay were created for visitors. In addition, the access and exit to the parking spaces via the spindle and the parking spaces were optimized.

Gradual restructuring and optimization

New anchor tenants are the EDEKA Center with around 2.800 m² of retail space and the French sports and leisure equipment retailer Decathlon with around 2.400 m² of retail space, which had already opened their doors to visitors as part of a partial opening in the second quarter of 2. The upper floors are home to a fitness center, numerous medical and health practices, offices, the Hamburg District Office and a well-frequented parking garage with around 2020 free parking spaces.

The reason for the modernization was the expiring lease of the EDEKA Group's Marktkauf hypermarket. The vacant space offered the opportunity to completely reorganize the retail levels. With attractive anchor tenants, new customers could be won and the center's appeal in the catchment area strengthened.

The renovation work was completed in spring 2021.