City Living Trend is Back in Frankfurt

By Adriana Pop, Associate Editor

Frankfurt, Germany–formart GmbH & Co. KG recently held the topping-out ceremony for its new “Living Leo” residential development in Frankfurt.

The project is being built on Leonardo-da-Vinci-Allee in the Rebstock area of Frankfurt’s Bockenheim district, a green yet central city location. The community comprises a mix of 167 two- to five-room condominiums across eight buildings, as well as 169 below-grade parking spaces. Construction is expected to be complete by fall 2016.

“We are seeing that the ‘back to the city’ trend is becoming increasingly popular with our clients. Their desire to live in a green setting yet be close to the city center is becoming more and more evident. As such, we want our ‘Living Leo’ project to harmonize our clients’ wishes with regard to their living and working worlds,” Andreas Gräf, formart managing director, said.

“Living Leo” is located west of the city center, immediately adjacent to Rebstockpark, an area that is gradually becoming more vibrant. According to Ralf Werner, branch manager of formart Rhine-Main, an elementary school has opened directly opposite the upcoming community and starting December, there will be a supermarket and other stores in the immediate neighborhood.

The new residences range from about 505 square feet (47 square meters) to 1560 square feet (145 square meters) and sell for an average of about $391 per square foot (or 3,800 euros per square meter). All of the units feature a balcony or terrace, as well as USB sockets and a high-performance HomeWay® multimedia cabling system. Furthermore, all buildings meet the KfW-55 standard as set out in the currently valid Energy Saving Ordinance (EnEV 2009).

Photo credits: formart GmbH & Co. KG