Built in 1876 in Italian Renaissance style, the Oberpostdirektion (administrative building of the imperial postal service) was once one of Dresden’s many jewels and, together with neighbouring Telegrafenamt (telegraph office), created the picture of the Postplatz. Today there is not much that remains of this former glory: for 15 years the vacant building has remained in an ever-growing state of disrepair. Now, however, it’s taking on a new perspective—since spring of 2016, the CG Group has been transforming the old Oberpostdirektion into the “Residence at Postplatz”. In the best of inner-city locations, a multifaceted residential complex, featuring high-quality rental flats suitable for singles as well as families, will appear here by 2018. A café will be built on the ground floor amongst retail and office space. Designed by renowned architect Ingo Pott of Pott Architects Ltd., the old building will remain largely intact while two new buildings on either side will make it whole. Ingo Pott has many years of experience in the conversion of historic buildings: during his studies, he worked as a member of Sir Norman Foster’s team on converting the Reichstag building in Berlin, in which he designed the construction of the building’s glass dome.   

Overview
Project data and key figures
Project details
Sales volume (GDV): 68,000,000 EUR
Total area of the land: 7,618 m²
Area for rent/sale: 20,052 m²
Construction period: February 2016 to January 2019
Year of construction: 2019
Object condition: First time use
Heating type: Central heating
Major Energy Carrier: district heating
Energy certificate: energy certificate required
new building residential
Object type: residential
Area: 13,209 m²
Units: 188 (36–134 m²)
new building commercial
Object type: commercial
Description: able to be split into several units
old building residential
Object type: residential
Area: 5,269 m²
Units: 58 (47–136 m²)
old building commercial
Object type: commercial
Area: 590 m²
Units: 1
Description: able to be split into several units
(Status as of Oct 5, 2018)
Image Gallery
Current status rental and sale
Current state
Planning phase
Building pit
Building shell
Ready for occupancy
Completion
Current state letting

Renting will begin during the shell construction phase.

Current state letting
6.5040650406504%
16 from 246 units are rented
Current state sale

The object was sold turnkey and fully leased to a capital investment company (Versorgungskasse).

Current state sale
100%
246 from 246 units are sold
Property specification - Micro environment / Macro environment

Dresden

Dresden has approximately 550,000 inhabitants. In terms of population, it is the twelfth largest city in Germany and, just after the slightly more populous city of Leipzig, is the second largest city in the state. As the state capital of Saxony, Dresden is the political and cultural centre as well as the main traffic hub in the metropolitan area of Dresden, which is considered one of the most economically dynamic regions in the Federal Republic.

Within Saxony, Dresden represents an important economic and scientific centre and is home to numerous research institutes (Fraunhofer Society, Max Planck Society, etc.) as well as many well-known companies in the fields of microelectronics, information technology, biotechnology and electrical engineering.

However, the city is also of considerable cultural importance—from 2004 to 2009, it was registered as a UNESCO World Heritage Site. In addition to its numerous art collections, historically significant buildings from a variety of eras count themselves among the city's attractions.

Macro environment area: 328 km²
Macro environment population: 550,000
Macro environment population density: 1,674 Einwohner je km²
Macro environment unemployment rate: 6.1 %
Macro environment purchase power index: 81.2

Altstadt

The project lies in western part of Dresden’s Old Town towards the suburb of Wilsdruff. The neighbourhood is bordered by the Elbe in the north, the route of the old city wall along the Zwinger and Postplatz to the east, the junction of Falkenstrasse and Annenstrasse (former location of the Weisseritz millrace) to the southeast and somewhat by the old Weisseritz riverbed to the west.

The area, adjacent to the Old town, lies just 100m from the commercial and cultural centre of Dresden. The Wilsdruffer suburb is made of a very comprehensive set of buildings, ranging from historic farms to large, recently-built office buildings and event halls. The location shows potential for an attractive urban development design.

Access to different transport options at the site is very good, especially since various public transport hubs are quickly and easily reached.

Overall, the infrastructural facilities corresponding to the inner-city location are superb. Local amenities, medical practices and educational institutions are all within walking distance. Opportunities for rest and relaxation are also nearby.

Micro environment area: 2.15 km²
Micro environment population: 7,876
Micro environment purchase power index: 91.2
Property environment
Distance to city centre: 0.5 km
Distance to railway station: 0.9 km
Distance to motorway: 9.5 km
Distance to nursery: 0.3 km
Distance to local public transport: 0.1 km
Distance to school: 0.3 km
Contact
Contact Persons

Dipl.-Ing. Bert Wilde
bert.wilde@cg-gruppe.de

Contact Details

CG Deutsche Wohnen GmbH
Schweriner Str. 1
01067 Dresden

Any Questions?

Call us: +49 (0)351 65 29 68 - 0

Letting: +49 (0)30 86 872- 9081

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