Hanover: Laying of the foundation stone for the modern office project Square 319”!

Hanover: Laying of the foundation stone for the modern office project Square 319”!

What's happening in Hanover? An exciting new office project is taking shape: Delta Bau celebrated the laying of the foundation stone for the “Square 319” office building at Vahrenwalder Straße 319. With an area of ​​around 10,000 m², a modern, six-story office building is to be built here that has DGNB Gold pre-certification. In addition, a parking garage with 211 parking spaces will be integrally integrated into the project. Completion is planned for early 2027.

But who will settle in these new spaces? Well-known companies have already shown interest. R+V Allgemeine Versicherung AG is renting an impressive 6,500 m² of office space, while the general contractor Goldbeck will be renting 1,750 m². Currently only 1,765 m² is available on the 4th floor. This interest shows that high-quality office space is very popular in Hanover and the demand for flexible and modern working environments is growing.

Transport connections and location advantages

Another plus point for the new office building is the excellent transport connections. The “Wiesenau” tram station is just a stone’s throw away, while the main train station can be reached in just 12 minutes and Langenhagen Airport in 9 minutes by car. This location offer is a clear argument for companies to locate in this up-and-coming district.

The project realized by Delta Bau is part of the positive development of office space in Hanover. The local market is showing encouraging signs of recovery after the challenges of the previous year. In the first half of 2024, 70,000 square meters of office space were already implemented, and prime rents in city locations have risen to 21.50 euros per square meter, reports find-buerogemeinschaft.de. High-quality, centrally located office space is particularly in demand.

A look into the future

And what does the future look like? The office market in Hanover continues to offer promising prospects for companies looking for new premises. Factors such as political stability, excellent infrastructure and a high level of legal certainty create a business-friendly climate - right here in Hanover, an important trade fair and economic center. Vahrenwalder Straße, as an important transport hub, is increasingly establishing itself as a preferred location for logistics companies and those that rely on flexibility.

The completion of Square 319 is a further step towards fluid urban development, which will enable Hanover to consolidate its place as an attractive destination for business settlements. Delta Bau has shown a good hand with this project.

For anyone who is interested in more information about modern office space and the possibilities in Hanover hrg-hannover.de detailed insights and current market data. The demand for such innovative space concepts will continue to increase, not least because of the flexible rental options, which are in high demand.