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Nuremberg is hoping for an upswing for the city center with a new investor!
Nuremberg's mayor announces new development prospects for vacant properties after the sale of City Point.
Nuremberg is hoping for an upswing for the city center with a new investor!
In a significant twist for Nuremberg's city center, Versicherungskammer Bayern has taken over the vacant City Point shopping center, which is being celebrated as the "Christmas Miracle 2024," as Mayor Marcus König (CSU) has announced. Together with the former Kaufhof, which is opposite and has also been unused since its closure in mid-2023, there are now new development opportunities for this area. König sees the opportunity to restructure the entire district and develop innovative usage concepts. More reported on this BR.de.
Future-oriented concepts for the city center
The change of ownership of City Point is not only a financial statement for the insurance chamber, but also offers an opportunity to revitalize the city's two iconic buildings. The city of Nuremberg and the Insurance Chamber are working on a comprehensive concept that will make optimal use of the “potential and synergy effects” of these two locations in order to give the city center a new impetus. "This courage is now paying off. It is our job to take advantage of such opportunities," said Andrea Heilmaier, the city's economics and science officer. This new partnership is intended to take into account commercial opportunities, educational institutions and even cultural offerings, such as Nordbayern.de reported.
Various options are conceivable for further development, including a complete dismantling of City Point or a partial renovation. The managing director of the insurance chamber's real estate management company, Robert Heinlein, emphasized that the specific plans are still being discussed. The mayor is optimistic: “There is already the idea of a city congress center, educational institutions could move in, retail, a food market hall - you can think of everything possible now.” This initiative could be a decisive step towards revitalizing and making Nuremberg city center more attractive and thus create long-term prospects.