A formative history
Back in 2011, the property – planned originally as the August-Fischer-Haus – was to be developed into a combination of micro-apartments and commercial space. However, after approximately a year of construction, the project came to a stop. What remained was an 18-meter-deep construction pit that stood untouched until 2015, giving the site its name, the "Big Hole". In the summer of 2015, the city of Kempten completed construction of the underground car park itself. Following another six years of stagnation, we acquired the property at the end of 2021 with the aim of eventually successfully transforming it into living space.
A new chapter for downtown Kempten
After more than seven years of standstill, the construction project is now finally moving forward. In November 2022, we started work on renovating the underground car park and launched preparatory measures for the subsequent building construction, which is scheduled to start in the first half of 2023. The plans call for a classic mix of residential space on the upper floors and space for commercial use on the ground floor that will complement the local shopping and recreational offerings.
- Residential
- Commercial
- Offices
- Restaurants/bars/cafes
