From 2015 to 2020 Hines Germany developed one of the last remaining sites in the heart of Dusseldorf’s central business district, located adjacent to Benrather Karree and Kö-Quartier. The Kasernenstrasse 39-49 development site is located in the banking district within walking distance to the famous Königsallee, the major high street retail and business location in Dusseldorf with its respective shops, restaurants, public transportation and the old-town.
The Kasernenstrasse 39-49 project includes the development of a 6,197 square meters office building, and the refurbishment of a listed 13-story and 7,630 square meters office tower into hotel usage.
In 2020 the project was sold. Hines remains the Asset Manager.
The project was awarded the DGNB Gold Certificate in January 2023.