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May 17, 2022updated 27 Jul 2022 5:18pm

Construction commences on $45m Frechen NEOBEL Mixed-Use Development: Phase-I in Germany

By Carmen

Construction work on the $45m Frechen NEOBEL Mixed-Use Development: Phase-I located in Frechen, North Rhine-Westphalia, Germany commenced in Q2 2022. It was announced in Q2 2020.

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The project involves the construction of the NEOBEL office quarter: phase-I in Frechen, North Rhine-Westphalia, Germany.

The project includes the following:

1. Construction of three office buildings at Alfred-Nobel-Straße 27, 29 and 31 on an 11,420m2 area2. Construction of Loft House3. Construction of four- to five-story Green House4. Construction of Multispace House office building5. Construction of modern office facilities6. Construction of showroom, café and bakery center7. Construction of event and conference rooms8. Construction of restaurants9. Construction of an underground parking facility for 143 vehicles with 30 electric charging stations10. Construction of an above-ground parking facility for bicycles with charging stations for e-bikes

Construction on the project is expected to be completed by Q3 2023.

Owners of the project include Germany-based OSMHolding.

Germany-based SP Plan is the architect and engineering design consultant for the Frechen NEOBEL Mixed-Use Development: Phase-I, while City of Frechen is the planning authority.

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