Hamburg – Wandsbek

Quartier Wandsbek Markt for rent

With Quartier Wandsbek Markt, a new and vibrant urban neighbourhood is being developed on the site of the former Karstadt department store in the centre of Hamburg-Wandsbek.

The project comprises 125 rental apartments, including 83 privately financed units and 42 publicly subsidised apartments, and represents a sustainable contribution to the ongoing urban regeneration of Wandsbek’s town centre.

On the site of the former Karstadt building, a diverse new urban quarter is taking shape, combining residential use with retail, office space and public areas. The aim is to revitalise Wandsbek Market as a central and lively focal point of the district and to enhance its long-term urban quality.

A key feature of the development is its careful integration of the existing structure: the listed façade of the historic Karstadt building will be preserved and incorporated into the new quarter. It will be complemented by modern new buildings, landscaped courtyards and an open architectural concept designed to create a high-quality public realm.

The development will provide a total of 125 rental apartments, comprising 83 privately financed homes and 42 publicly subsidised units.
The range of apartments includes one- to five-room layouts with varying floor plans and sizes, offering options from compact apartments to family-friendly homes.

Arcades along Wandsbeker Königstraße, newly created green spaces and a centrally located, naturally lit courtyard will provide attractive open areas and strengthen the connection between public space and residential living. The quarter integrates harmoniously into the surrounding urban fabric and will form a new urban centre for Hamburg-Wandsbek.

Highlights

  • New urban quarter in the centre of Hamburg-Wandsbek
  • 125 rental apartments in total
  • 83 privately financed rental apartments
  • 42 publicly subsidised rental apartments
  • One to five rooms
  • Approx. 40 sqm to approx. 135 sqm of living space
  • Balconies, loggias and roof terraces
  • KfW 40 energy efficiency standard
  • Prime location at Wandsbek Market, close to Wandsbek Quarree

Scheduled for completion:

  • Construction phase 2: expected end of 2028
  • Construction phase 3: expected end of 2029

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Location: Hamburg - Wandsbek
Rental apartments: 125
- including 83 privately financed units
- and 42 publicly subsidised units
Rooms: 1 to 5
Living space ca.: 40 m² to 135 m²
Rental fee: tba
Parking space: tba
Ready for occupancy: Construction phase 2: expected end of 2028
Construction phase 3: expected end of 2029
Project developer: Union Investment Real Estate GmbH
Adresse:
Wandsbeker Königstraße 26
22041 Hamburg
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