Munich, 29 January 2019. Construction has begun on the LIVING ISAR project at the former OSRAM site by the Munich ABG Group and the BÜSCHL Group. General contractor for the construction work is Gustav Epple Bauunternehmung GmbH of Stuttgart. Work to dismantle the existing building and excavate the building pit for the project in Munich’s Untergiesing district began last year and is now complete.
“In LIVING ISAR we are converting a site with a long history as an industrial area into urgently needed residential accommodation in Munich,” explains Veit Oppermann, Managing Director of ABG Projektentwicklungsgesellschaft mbH. “With its immediate proximity to the Isar meadows and excellent transport connections, this will be an attractive place to live.”
“As an investor you always have an added social responsibility for the development and its neighbourhood,” says Ralf Büschl, Managing Partner of the BÜSCHL Group. “The improvements we are making here through LIVING ISAR include building two child day care centres.”
Carsten Faust, Managing Director of ABG Allgemeine Baubetreuung, adds: “Projects of this magnitude always pose a challenge. So we are glad to have secured Gustav Epple as an experienced partner for the building construction. We are already working together successfully elsewhere, and so I am confident that our new project will also be a success story.”
On the approx. 32,000 m² site of LIVING ISAR around 420 homes are set to be built as well as space for businesses and two child day care centres. Parts of the residential units will be given over to publicly funded housing. The architectural design by Ortner + Ortner Baukunst of Berlin sets store by a linear, modern impression. The building structures form five complexes, giving the development an open character which, added to the lush landscaping, makes for a high amenity value. The development’s central green area will be connected to the Isar meadows, creating a large public space between the built areas.