LVM withdraws: Stadthafen project burst in Münster!

LVM withdraws: Stadthafen project burst in Münster!

Münster, Deutschland - The LVM insurance surprisingly gave up its construction project at Münster. An extensive new building with offices, apartments and gastronomy, which was estimated at 60 million euros, was originally planned. Now the property, which is located north of urban harbor 1 and was previously part of the former Osmo area, is returned to the municipal utility company. This can be seen from current reports from IZ.de

focus on new project

The main reason for this decision is the focus of the LVM insurance on another construction project: the former monastery area in Pluggendorf, where a new building is planned under the title "Auf der Friedrichsburg". This return of the land was officially communicated to both the city of Münster and the municipal works. The LVM had acquired the site from the municipal utility in 2017 to implement their comprehensive construction plans that are no longer realized.

Although the LVM insurance withdraws from the project, the urban planning at the city harbor remains unchanged, as antennemuenster.de The city and municipal utilities regret the decision of the LVM, but emphasize that the land use planning and further steps will continue to be promoted. Stadtwerke plan to complete the procedure quickly and enable future building applications for the property. New plans are to be presented in the coming year.