property market vienna 2024

VIENNA: View of the

VIENNA: View of the future Nordwestbahnhof site. © ÖBB/enf Architekten VILLACH: Generously planned green spaces. © ÖBB/Public Office

A GOOD REASON FOR LIVING ÖBB CREATES SPACE FOR NEW URBAN QUARTERS ACROSS AUSTRIA Austria‘s cities are growing, posing significant challenges for urban developers, especially in terms of climate protection and sustainability. Inner-city redensification instead of building on greenfield sites in the surrounding area is the motto. Cities fortunate enough to have inner-city brownfield sites that can be developed into livable urban districts can count themselves lucky. ÖBB owns a number of interesting properties throughout Austria, which, through site consolidation and modernisation of railway operations, are being freed up for new uses. These are mostly areas in prime urban locations with ideal transport connections. Together with local authorities, ÖBB is developing space for forward-looking urban development visions. This real estate potential is of great importance for the future-oriented development of Austrian cities. By 2030, more than 25,000 apartments, combined with offices, hotels, retail and service spaces, parks, and educational establishments, will be created on former ÖBB sites in Vienna. Other regions are also experiencing significant growth. VIENNA: Die Grüne Mitte - the centre piece of urban development at Nordwestbahnhof. © ÖBB/enf Architekten VIENNA - NORDWESTBAHNHOF This area is characterised by its inner-city location and excellent public transport connections. In the future, housing for 16,000 people and 4,700 jobs will be created. The buildings will be arranged around the ten-hectare Green Centre, the heart of the area. Four high-rise buildings will form the „landmarks“ of the new quarter. In terms of social sustainability, 60 percent of the apartments will be subsidized. Three school locations, including a large educational campus for up to 1,600 children and young people, will be built in the coming years. To commemorate the area‘s history as a railway site, two brick buildings will be preserved, giving the new quarter a distinctive character. VIENNA: Walter-Kuhn-Park inside of Neues Landgut. © ÖBB/Scheiblecker • Housing for around 16,000 people • Approximately 4,700 jobs • Cultural and leisure facilities • Retail and service businesses • Schools and kindergartens • No through roads • Green centre - ten-hectare park • 2024: Start of demolition and development of the construction sites VIENNA - NEUES LANDGUT Near Vienna Central Station and the Sonnwendviertel, a new urban quarter is being created on a nine-hectare site in several stages. At the moment, both privately fi - nanced residential buildings and a municipal housing project are being constructed. • 1,500 apartments • Educational campus (went into operation in 2023) • Retail and service businesses • Revitalised brick buildings • Walter-Kuhn-Park with climate forest, meadow areas, sports, and play facilities VILLACH: Possible development at Stadtquartier Westbahnhof, View to the south © ÖBB/Public Office VILLACH - WESTBAHNHOF In close proximity to the city center of Villach, an area of almost 26,000 m² is being developed. The goal is a mixed urban use - „Living and Working“ - with an emphasis on the „productive city“ and innovative solutions in terms of sustainability. In addition to generous green spaces, around 6,000 m² of green and usable roof areas are planned. The development phase of the construction sites begins in 2024/25. • Living and working • Subsidised and privately financed housing (Gross Floor Area: 31,360 m²) • Commercial, production, and service spaces (Gross Floor Area: 7,840 m²) ÖBB-Immobilienmanagement GmbH 1020 Vienna, Nordbahnstraße 50 Phone: +43 1 93000-32698 E-mail: immo.service@oebb.at property market vienna 2016/17 immo.oebb.at Promotion 25