Service: Development and Real Estate Consulting
Period of performance: 2016 to 2017
Client: Skjerven Group
The Stalinallee avenue (renamed Karl-Marx-Allee in 1961) was one of the most monumental construction projects of the former German Democratic Republic and the “first socialist street on German soil”. The prominent end points of the Allee are the Frankfurter Tor and the Strausberger Platz square, located near the Alexanderplatz square and designed by the renowned German architect Hermann Henselmann. The distinctive corner buildings are still considered to be especially well designed prototypes of socialist realism.
The CENTRAL BERLIN project of Skjerven Group comprised the careful refurbishment of this architectural heritage and the construction of 79 owner-occupied flats observing strict requirements by the Monument Preservation Authority.
Financing was partly provided through crowdfunding of the Skjerven subsidiary.