New shine for Mariahilfer Straße: demolition and new building will start soon!

New shine for Mariahilfer Straße: demolition and new building will start soon!

Mariahilfer Straße, 1070 Wien, Österreich - The future of the Signa Rohbau on Mariahilfer Straße is clearer than ever, because an extensive renovation is imminent. In an important step, Stumpf Development GmbH, which the unfinished department store property "Lamarr" acquired in autumn 2024 from the bankruptcy of the Signa Group, presented the plan for the partial demolition of the front part of the building. This measure is intended to further increase the attractiveness of Mariahilfer Straße, one of the most important shopping miles in Vienna. Weekend reports that the trading areas on the lower floors are necessary to meet the requirements of the business zone.

planned sales areas will extend over 12,000 square meters on the 1st basement, ground floor and 1. upper floor. In addition, around 200 apartments with open spaces are to be built on a total of 15,500 square meters on the 2nd to 8th floor. A 4-star superior hotel with 220 rooms will be housed in the back of the building, while the publicly accessible, green roof terrace with an agreed right of use is another attraction for the district. Zeitung] (https://www.kleinezeitung.at/wirtschaft/19834552/darum-werd-der-signa-rohbau-lamarr-part-taben-part-by-tab it agrees and emphasizes that this greening was a significant concern of the residents.

conversion with a focus on quality of life

The planned measures aim to create an attractive mix of uses for residents: inside, guests and businesses. Stefan Zöser, Managing Director of Stumpf Development GmbH, emphasizes in a broadcast that this renovation not only takes into account the commercial needs, but also takes into account the quality of life of the residents: inside. As a retreat, the public park on the roof will offer more green oases in the city with 1,000 square meters of space.

The ambitious project is managed by Georg Stumpf, one of the wealthiest investors in Austria. The demolition work is to begin in July 2025 and the shell is built in 2026. The interior is planned for autumn 2026, while the completion of the entire project is expected by the end of 2027 or early 2028. This not only offers new habitats, but also new opportunities for local shops and services, which benefits the entire environment.

urban development in focus

In a time when urban development is more than ever on the test, this project shows how important it is to focus on the needs of the city dwellers: to focus on the inside. The large number of planned trading areas as well as the living options should not only ensure Mariahilfer Straße, but of the entire 7th Viennese municipal district new building. The hotel concept and the public roof terrace are clear signs that the quality of life and economy in Vienna should go hand in hand, which has the potential to enrich the urban landscape. Vienna offers further insights into such developments in the city.

Overall, it remains to be seen how the project will develop, but one thing is certain: Mariahilfer Straße and its environment can look forward to a fresh wind.