The DIC Group is one of the leading investors in the German market for commercial real estate

MainTor-Quartier, Frankfurt am Main

Location: Inner city of Frankfurt
Development: Transformation of the property into a new city quarter
Usable area: expansion to around 108,000 sqm
Status: ”MainTor Primus“ in use, four additional sections are being constructed
Share of DIC group: 100%

The MainTor Quarter project of Deutsche Immobilien Chancen Group is nothing less than a complete redevelopment of the area extending from Untermainkai to Weissfrauenstrasse. In the process of redeveloping the formerly enclosed brownfield compound of Degussa, the area is being restored to public use, with historic access ways from the inner city to the Main riverbank revitalised and firmly integrated into the lanes and streets of the surrounding city quarter.

The construction is realised in several spatially and temporally distinct building projects, thereby ensuring the necessary flexibility to accommodate the specific requirements of each user and investor group. Architectonically speaking, MainTor Quarter will upgrade this bank of the Main, which faces Frankfurt’s CBD, into a riverside financial district and thereby complete it in urban development terms.

The successive construction stages will be realised incrementally in sync with the upcoming lettings and sales. The entire “MainTor Quartier” complex is scheduled to be operational by 2016.

Chronology – The Key Miles Stones and Marketing Steps

2005: DIC acquires the former Degussa compound
2007: The master plan for the “MainTor Quartier” is created (by the architectural firm of KSP Jürgen Engel)
Dezember 09: Architectural competition for the design of the central high-rises WINX (Jürgen Engel) and Panorama (Prof. Christoph Mäckler) concluded
2010: Effective local development plan is finalised
January 2011: EVONIK (formerly Degussa) moves out
June - October 2011: Anniversary show of the MMK Museum of Modern Art in Frankfurt draws more than 100,000 visitors
June 2011: “MainTor Primus” building complex sold to Professor Carlo Giersch.
August 2011: Demolition work started
January 2012: Major letting contract over 14,000 sqm at “MainTor Porta” is signed with Union Investment
July 2012: “MainTor Panorama” and “MainTor Patio” sold to the Ärzteversorgung Westfalen-Lippe pension fund (forward deal)
29 August 2012: Foundation stone laid for “MainTor Porta”
December 2012: Marketing kicked off for the condominiums at “MainTor Palazzi”
January 2013: Major letting contract for 9,000 sqm at “MainTor Panorama” signed with CMS Hasche Sigle / Major letting contract for 8,000 sqm at “MainTor Porta” signed with Union Investment
December 2013: MainTor Porta sold to a fund managed by Union Investment Real Estate for approx. EUR 155 million
January 2014: Marketing for the WINX Tower including portal building kicked off
April 2014: DIC relocated its headquarters into the "MainTor Primus" complex