Final construction phase for the Village in the Third in Vienna has started!

Final construction phase for the Village in the Third in Vienna has started!

A lot is happening in Vienna-Landstrasse: the “Village im Third” urban district is finally taking shape. The final construction phase has now been officially launched by ARE Austrian Real Estate and its partners. In total, around 2,000 will be built here by 20272,000 apartments, combined with a well-thought-out infrastructure that also includes commercial space, local amenities, childcare and educational facilities. With four building sites between Bert-Brecht-Park and Otto-Preminger-Straße you are on the right track. 378 condominiums and 138 rental apartments are to be built here Leadersnet reported.

A special highlight: Construction site 5, also known as the “Park Flats”, has already reached roof level. This is an important step towards the completion of a total of four residential projects along Otto-Preminger-Straße. In a solemn ceremony, time capsules were filled and set in concrete by well-known representatives such as ARE managing director Gerald Beck, district manager Erich Hohenberger and Strabag division manager Markus Gornik. This not only symbolizes progress, but also the project's roots in the neighborhood.

Residential projects with a lot of scope

The new apartments offer a wide range oftwo to five roomswith sizes between 42 and 131 square meters. Almost all units are equipped with private open spaces, be it in the form of private gardens, balconies, loggias or roof terraces. The flexible design options through screens, sliding elements or curtains make the apartments particularly attractive for families and young people. In addition, common rooms, terraces and numerous children's playgrounds are planned to promote neighborhood life.

The project is being marketed by renowned brokers such as EHL Wohnen, Decus Immobilien and Edex Immobilien. The demand for such housing solutions is unbroken, especially in a city like Vienna, where the focus is on sustainable and future-proof architecture.

Challenges in urban development

However, Vienna is not only struggling with growth. The city is facing numerous challenges, such as climate change, digitalization and the heat transition, to name just a few. The development of the “Village in the Third” is part of a larger plan initiated by the Urban Innovation Vienna was launched with the support of urban actors. Strategies for sustainable urban development are being developed here in order to ensure Vienna's high standard of living in the future.

ARE Austrian Real Estate GmbH, a real estate group with a portfolio of around 560 existing properties, not only makes real estate flourish, but also strives to develop well-thought-out districts that meet the demands of the future. Stability, security and individuality are our top priority. This becomes clear when you consider the visions behind the construction projects.

Overall, it shows that there is an exciting future on the horizon for Vienna's 3rd district with the “Village in the Third” - a showcase project that not only creates living space, but could also improve the quality of life of the population.