In the “Mörsenbroicher Ei”, one of Dusseldorf’s main traffic hubs, a new and sophisticated building project is underway—the UpperNord Quarter. In the area between Mercedesstrasse, Münsterstrasse and Grashofstrasse, an extensive collection of office, commercial, residential spaces for various target groups and a nursery will be constructed. Future residents will benefit from the convenient location and its great connections to the city centre, the trade fair venue, the airport and the surrounding area. 

The following figures are approximations:

Overview
Project data and key figures
Project details
Sales volume (GDV): 128,000,000 EUR
Total area of the land: 23,000 m²
Area for rent/sale: 76,000 m²
Car parking spaces: 210
Construction period: August 2018 to December 2022
Object condition: First time use
Heating type: Central heating
Major Energy Carrier: geothermal
Energy certificate: energy certificate required
Nursery
Object type: residential
Area: 1,120 m²
Units: 1
residential
Object type: residential
Area: 23,750 m²
Units: 300
Description: Privately financed, funded, low-rent
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Current status rental and sale
Current state
Planning phase
Building pit
Building shell
Ready for occupancy
Completion
Current state letting

The rental starts in the construction phase.

Current state letting
0%
0 from 490 units are rented
Current state sale

A part of the property will be sold turnkey and fully leased to a capital investment company (Versorgungskasse). Another part of the property (condominiums) is being sold turnkey to owner-occupiers or investors.

Current state sale
0%
0 from 490 units are sold
Property specification - Micro environment / Macro environment

Dusseldorf

The capital of North Rhine-Westphalia (NRW) is one of the most significant, internationally connected economic centres in Germany and the most popular location for foreign investment. Dusseldorf is booming in terms of both its population and the labour market; and with 612,000 inhabitants and counting, it is the second largest city in NRW. Consequently, this River Rhine metropolis is a great site for such a neighbourhood development project as the UpperNord Quarter, where privately financed and funded residency, retail, office space and nursery and hospitality services can come together at one location.

Macro environment area: 217 km²
Macro environment population: 612,000
Macro environment population density: 2,816 Einwohner je km²
Macro environment unemployment rate: 8.1 %
Macro environment purchase power index: 120.7
Macro environment population growth: 1.4 %

Düsseltal

The neighbourhood of Düsseltal is part of District 2 in Dusseldorf and is one of the city’s more upscale residential areas. The area lies in the direct vicinity of the zoo and, as such, is often affectionately referred to as the Zooviertel (zoo district) by the locals.

Micro environment area: 2.88 km²
Micro environment population: 27,861
Micro environment population density: 9,674 Einwohner je km²
Micro environment purchase power index: 125.9
Micro environment population growth: 1.8 %
Property environment
Distance to city centre: 3.5 km
Distance to railway station: 3.7 km
Distance to motorway: 1.5 km
Distance to nursery: 0.9 km
Distance to local public transport: 0.5 km
Distance to school: 1.0 km
Contact
Contact Persons

Boris Krusenotto
boris.krusenotto@cg-gruppe.de

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