Construction work on the 267-room, 11,600 square metre property is scheduled to start in 2025. The neighbourhood project, which covers around 72,000 square metres of gross floor area, aims to bring together a diverse range of tenants. The development aims to establish a link between the river promenade and Spandau's old town.
In addition to the hotel, the development will include rental accommodation, a gastronomic offer, local services, as well as practical spaces and green areas accessible to the public. In addition to BHG, non-food discounter Woolworth has also signed a ten-year contract, while a food retailer will occupy the space for 15 years.