Daniel Jelitzka, Managing Director of JP Immobilien, Florian Nowotny, Management Board member at CA Immo, Erich Hohenberger, district director for Vienna Landstrasse and Karl-Heinz Strauss, the CEO of PORR, symbolically broke the ground for the project on Tuesday. The residential complex will comprise some 270 owner-occupied and investment apartments designed by architects MALEK HERBST and BEHF in six separate buildings forming an L-shaped structure, in the centre of which will stand a re-imagined traditional village square. The range of residential options is wide, encompassing everything from small flats and spacious loft apartments to split-level townhouses with private gardens. Approximately 1,000 sqm of retail outlets and restaurants completes the picture.

According to Dr. Daniel Jelitzka, managing partner at JP Immobilien, “Laendyard offers high quality residences for widely differing requirements – to own, to rent and as an investment. The concept around the village square effectively combines an urban location with elegant architectural design, individual scope and open spaces for relaxation. It is a combination with strong appeal to users, with around half of the apartments already taken.” 

In the words of Florian Nowotny, member of the Management Board at CA Immo, “Since 2010 we have been transforming this old Siemens site into a mixed-use city district. On the three remaining construction sites on Erdberger Lände and Haidingergasse, the ViE office building will emerge alongside additional living space by 2018. Our blend of modern living and working environments, close to the city centre and with views of greenery, is generating high demand and having a positive impact on the neighbouring quarters.”

As Erich Hohenberger, district director for Vienna Landstrasse, reveals, “Overall development of the area is channelling the densely built-up third municipal district towards the Lände and Wiener Prater recreation areas. As a result the quality of the location will be especially high, to the benefit of the many current and future residents of this residential quarter.”

The Laendyard district: around 500 apartments constructed by 2018
The Wohnbau Süd residential complex, comprising 220 rental apartments and 142 parking spaces on Haidingergasse, has been under construction since the start of May 2016. Now the entire Laendyard quarter is under development with the start of construction for the second residential complex right by the Donaukanal. By the spring of 2018, some 500 apartments spanning 40-150 sqm will be built according to an architectural concept devised by BEHF and MALEK HERBST; all apartments will come with private balcony, terrace or garden. The Wohnbau Süd project will be developed by CA Immo on behalf of ESTRELLA Immobilieninvest AG, a property company belonging to the Karl Wlaschek private foundation. The JP Immobilien Group will be exclusively responsible for marketing, site development and conceptual design of the Laendyard district. 

Location and transport connections
With an unobstructable location on the Donaukanal, the city and the airport are just minutes away; it is a five-minute walk to the U3 underground line and Vienna University of Economics and Business. The location is also ideal for cyclists thanks to the nearby intersection of two national cycle paths. The Wiener Prater is a stone’s throw away thanks to a pedestrian and cycle bridge crossing the Lände in front of the building. 

Facts and figures: the Laendyard residential district

•Approximately 500 apartments

•30,000 sqm of usable space for residential purposes

•1,400 sqm of retail space

•300 parking spaces

•1,500 sqm of undeveloped space

•Ownership and rental models

•Apartments spanning 40-150 sqm

•Purchase prices starting at €147,000

•Rental rates from €550 gross, including operating expenses and VAT

•Start of construction: Late summer 2016

•Completion: Start of 2018

Contact for interested residents:

info@laendyard.com 

www.laendyard.com