44
Group 1 - Weimar Nord Real Estate Project Development A CREATIVE GATEWAY INTO WEIMAR NORD Tania König Jennifer Nitschke Sonia Cubides Onur Camurlu Kyu Suk Byun Christian Wagner Professorship for Construction Management and Construction Economics - Prof. Dr.-Ing. Bernd Nentwig Supervisor: Dipl.-Ing. Arch. Kristina Hoffmann Bauhaus University - Weimar project development architectural management Professor Dr.-Ing. Bernd Nentwig 1

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Page 1: Presentation Weimar Nord

Group 1 - Weimar Nord Real Estate Project Development

A CREATIVE GATEWAY INTO WEIMAR NORD

Tania KönigJennifer NitschkeSonia CubidesOnur CamurluKyu Suk ByunChristian Wagner

Professorship for Construction Management and Construction Economics - Prof. Dr.-Ing. Bernd NentwigSupervisor: Dipl.-Ing. Arch. Kristina HoffmannBauhaus University - Weimar

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 1

Page 2: Presentation Weimar Nord

LOCATION FACTORS

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 2

Page 3: Presentation Weimar Nord

2001

Unemployment Rate: 2001-2009

2002 2003 2004 2005 2006 2007 2008 2009

5178 4949

5394 56395778

5119

4549

3930

0

1000

2000

3000

4000

5000

6000

7000

1 2 3 4 5 6 7 8

5750

Population Weimar Nordstadt/ area: 1,82 sq km

5300

2000

source: Statistisches Jahrbuch Weimar 2009, Stadt Weimar; page 100 Weimar in Zahlen 2010, Stadt Weimar - Abt. Geoinformationen und Statistik

source: Statistisches Jahrbuch Weimar 2009, Stadt Weimar; page 101

2001 2002 2003 2004 2005 2006 2007 2008 2009

5359

5597

year

5400

5500

5600

5350

5450

5550

5650

5700

1000

2000

3000

4000

5000

6000

7000

8000

9000

10000

11000

12000

13000

Population Weimar Nordstadt / Weimar

100

0-3 3-6 6-10 10-15 15-18 18-25 25-30 30-45 45-60 60-65 65-75 75-85 85- age groups

Nordstadt

Weimar

300

500

700

200

400

600

800

900

Population Weimar/ area: 84,26 sq km

62.000

2000

source: Statistisches Jahrbuch Weimar 2009, Stadt Weimar; page 96 Weimar in Zahlen 2010, Stadt Weimar - Abt. Geoinformationen und Statistik

2001 2002 2003 2004 2005 2006 2007 2008 2009

65.233

62.425

year

63000

64000

65000

62.500

63500

64500

65500

66000

5750

Population Weimar Nordstadt/ area: 1,82 sq km

5300

2000

source: Statistisches Jahrbuch Weimar 2009, Stadt Weimar; page 100 Weimar in Zahlen 2010, Stadt Weimar - Abt. Geoinformationen und Statistik

source: Statistisches Jahrbuch Weimar 2009, Stadt Weimar; page 101

2001 2002 2003 2004 2005 2006 2007 2008 2009

5359

5597

year

5400

5500

5600

5350

5450

5550

5650

5700

1000

2000

3000

4000

5000

6000

7000

8000

9000

10000

11000

12000

13000

Population Weimar Nordstadt / Weimar

100

0-3 3-6 6-10 10-15 15-18 18-25 25-30 30-45 45-60 60-65 65-75 75-85 85- age groups

Nordstadt

Weimar

300

500

700

200

400

600

800

900

Population Weimar/ area: 84,26 sq km

62.000

2000

source: Statistisches Jahrbuch Weimar 2009, Stadt Weimar; page 96 Weimar in Zahlen 2010, Stadt Weimar - Abt. Geoinformationen und Statistik

2001 2002 2003 2004 2005 2006 2007 2008 2009

65.233

62.425

year

63000

64000

65000

62.500

63500

64500

65500

66000

Population TrendsEmployment Trends

Industriegebiet Nord

Gaberndorf

TröbsdorfInd.-ge.West

Schönblick

Niedergrunstedt

Gelmeroda

Legefeld

Possendorf

Oberweimar/Ehringsdorf Taubach

Süßenborn

Schöndorf

Nordstadt

Weststadt Nordvorstadt

Westvorstadt

AltstadtParkvorstadt

Tiefurt

Südstadt

Weimar Nord: 5.359 inhabitants1,83 km², 2.928 inhabitants/ km²

Weimar Land: 65.233 inhabitants84,26 km², 774 inhabitants/ km²

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 3

Page 4: Presentation Weimar Nord

CARGLASSFRISEURRE

WENe

tto

dm-K

iK

Getra

nkeQ

uelle

PENN

Y sup

erm

aket

-

Sonn

en Ap

othe

ke

Bolli

ng Bi

llard

Bar

Hangzhou

Blitz pizzaBMW- auto haus zentral

Bolli

ng Bi

llard

Bar

Matra

tzen C

onco

rd

TATT

OOLID

L

City

Casin

o

OMV

Spie

lschl

oss

Euro

pcar

12 3

45

1

2

43

1

3

2

1

2

Super Markets

1

5

4

3

2

Car Business

1

4

2

3

Small Business

1

2

3

Recreation

1 2

Restaurants

Netto

Carglass

OMV

Europcar

Sonnen Apotheke

Friseur

Tatoo

Matratzen Concord

dm - kik

REWE

LIDL

Spielschloss

Bowling/Billard Bar

City Casino

HangzhouBlitz Pizza

BMW-autohaus zentral

Penny supermarkt /GetrankeQuuelle

Small Business Structure - Site

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 4

Page 5: Presentation Weimar Nord

direct connection to tra�c system

rent rate

living in a city with natrural view

infrastructure facilities like schools and kindergarden

receation/ sport facilities

parking lots

1994-1998 modernisation of the GDR building structure

much of green space between the buildings

rießnerstraße

�lzweidenweg

lützendorf

lützendorfer weg

etterburer str.

nordstraße

ernst-thälmann str.

undeveloped space

undeveloped space

undeveloped space between residential buildings

allotment Gardens

former industial area

concentrated commercial area

history

rail track as border to the inner city

living conditions in GDR buildingsfragmented sidewalk

Conflicts

Assets

Regional Conflicts & Assets

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 5

Page 6: Presentation Weimar Nord

MARKET FACTORS

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 6

Page 7: Presentation Weimar Nord

Weimar and the Creative Class

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 7

Page 8: Presentation Weimar Nord

Franz Liszt Academy. 850.

20%

Media. 907. 21%

Gestaltung. 653. 15%

Civil Engineering.

858. 20%

Architecture. 1000. 24%

Franz Liszt Academy

Media

Gestaltung

Civil Engineering

Architecture

Tolerance

TechnologyTalent

Ranking: 12th

Ranking: 11th Ranking: 20th

WEIMAR16th

Weimar and the Creative Class

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 8

Page 9: Presentation Weimar Nord

Sourcehttp://www.google.de/imgres?imgurl=http://saj66.�les.wordpress.com/2010/09/diagram.jpg&imgrefurl=http://saj66.wordpress.com/author/saj66/&usg=__c73hiR2Ccg_mJVCMOU44cbqf9vY=&h=418&w=1013&sz=34&hl=de&start=3&sig2=bU987I_qrsG08rMALbmjiQ&zoom=1&u

TechnologyWEIMARGateway into Weimar Nord

12/20

11/2020/20Tolerance

Regional development

meaningful changeworld class innovation

socialinnovation

incubator for social change and

entrepreneurship

University

Consumer services

Talent

Upgrade and Transform

Site & Region

IBA 2019 as initial host of

our site

Benefit from existing Creative

Class

Raise quality of Technological

Institutions

Cultural Heritage

Appreciation

TTT-Index + Market Strategy TTT-Index & Market Strategy

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 9

Page 10: Presentation Weimar Nord

Obtained from Juan Carlos Mejia, Sebastian Weber and Diljana Daskalova

Tourism & Hotels

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 10

Page 11: Presentation Weimar Nord

POTENTIAL TARGET GROUPS

source: Statistisches Jahrbuch Weimar 2009, Stadt Weimar; page 101

number of occupants

1000

2000

3000

4000

5000

6000

7000

8000

9000

10000

11000

12000

13000Population Weimar Nordstadt / Weimar

100

0-3

3-6

6-10

10-15

15-18

18-25

25-30

30-45

45-60

60-65

65-75

75-85

85-

age

grou

ps

Nordstadt

Weimar

300

500

700

200

400

600

800

900

Nordstadt

Weimar

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 11

Page 12: Presentation Weimar Nord

Target Groups

Tourists

IBA Staff

Information

Film Industry

Target Groups

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 12

Page 13: Presentation Weimar Nord

December 1, 2010

Problem Tool

Strategies

Methodology ActorsFunding

Pro

cess

Synthesis

city / region IBA Redevelopment

Internationale Bauaustellung

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 13

Page 14: Presentation Weimar Nord

Future issueson social change Modern strategies

of presentationand the

Communication

State of emergencyon time

Courage totake risks

Adequate organizational forms

International dimension

Qualifyingprocess

Model solutionsto

current problems

Occasion and place events

Visualurban space

IBA Strategies - Thuringia

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 14

Page 15: Presentation Weimar Nord

Demographic change

Energy transition

Cultural landscape

IBA Target Areas - Thuringia

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 15

Page 16: Presentation Weimar Nord

CITIES IN GERMANY WITH FILM FESTIVALS

Cologne

Hamburg

Sulzbach-Rosenberg

Berlin

Stuttgart

Biberach an der Riss

Passau

Mainz

Nurnberg

Frankfurt

Ludwigshafen

Karlsruhe

Tegernsee

Munich

Bochum

MannheimHeidelberg

Leipzig

Landau

Lubeck

Chemnitz

Bonn

CANNES - FRANCE71.790 hab.

( Cannes festival )

65.233 hab.WEIMAR - GERMANY

Population

Cities with Film Festivals in Germany

Cologne

Hamburg

Potsdam

Munich

CITIES IN GERMANY WITH FILM INDUSTRY

Babelsberg Studios

The Bavarian Film Group

Studio Hamburg

T.V Studios Cologne

Weimar

cinema productions

Telenovelas and popular Daily series

T.V programs

Third of German T.V production

315 km

195 km

299 km

305km

Primary Film Industries in Germany

Film Industry in Germany

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 16

Page 17: Presentation Weimar Nord

The long-term goals include: the establishment of a film-based research program in cooperation with the International Research Institute for Cultural Technologies and Media Philosophy and the establishment of a Film Business Academy in Weimar.

FILM INDUSTRY IN WEIMAR

3.2km36 min

3.5km

i

Film producersCinemas

Tourist information

7 min

i New tourist information center

Ostlicht film production

Municipal Theater at mon ami

Licht house

Cinemagnum 3d cinema, Atrium

Bauhaus film institute

Weimar Halle

Bauhaus University Library

i

i

Cine star

Deutches National theater

i

Expansion of cinematographic experimentation

FILM INDUSTRY IN WEIMAR

3.2km36 min

3.5km

i

Film producersCinemas

Tourist information

7 min

i New tourist information center

Ostlicht film production

Municipal Theater at mon ami

Licht house

Cinemagnum 3d cinema, Atrium

Bauhaus film institute

Weimar Halle

Bauhaus University Library

i

i

Cine star

Deutches National theater

i

Expansion of cinematographic experimentation

JANUARYFEBRUARY

MARCH

APRIL

JULY

SEPTEMBER

JUNE

MAY

OCTOBER

DECEMBER

NOVEMBER

Concerts of the thuringia Bach

Flowers Festival

AUGUSTWine Festival

Goethe’s Birthday

Kostritzer Spiegelzelt festival

ART FESTIVAL

ART FESTIVALPottery market

ONION MARKET

Klezmer Festival

Thuringian Jazz Mile

Weimar Bauhaus

AnniversaryChristmas

Market

Christmas Market

Kostritzer Spiegelzelt festival

Tourism

Weimar, relative to its population, is a more popular destination thanBerlin, Munich, and Dresden. It records 856 overnight stays per 100 residents, ahead of : Munich with 724 Dresden with 657 Berlin with 508. (Weimar Wirtschaftsregion English Version, page 10)

Annually, Weimar hosts over 3 million tourists

Over 1 million stay overnighthttp://www.weimar.de/fileadmin/Dateien_Tourismus/Dateien_Tourismus_EN/Downloads_and_pdf/I-EN-web.pdf

Arrivals: 335.900Staying over night: 614.515Staying in days: 1,8

Statistisches Jahrbuch Weimar 2010, page 222; Kommunale Statistikstelle

It is estimated that 350.000 visitors attend the Zwiebelmarkt in October

Films & Events - Thuringia

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 17

Page 18: Presentation Weimar Nord

Higher

Middle

Lower

Tradition Modernization Reorientation

Meta Milieus Western Europe

Sense of Duty and Orderbasic values

social status

Individualization , Self-Actualization, Pleasure Multiple options, Experimentation

Traditional

IntellectualEstablished

Modern Performing

Modern Mainstream

Consumer Materialistic

SensationOriented

Source: 44 Sinus Milieus from 5 Countries (www.sinus-sociovision.de)

Weimar

Nordstadt Nordstadt Nordstadt Nordstadt Nordstadt

IBA I

BA IB

A IBA

IBA I

BA IB

A

FILM FILM FILM FILM

Meta Mileus - Western Europe

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 18

Page 19: Presentation Weimar Nord

CONCEPT & STRATEGY

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 19

Page 20: Presentation Weimar Nord

Primary Sources of founding

Urban Redevelopment

East Program

EuropeanRegional

DevelopmentFund (ERDF)

LocalGoverments

Autorities

PrivateInvestors

IBA PROJECT

IBAheadquarters

20132011 2023

FILM incubator

expansion of cinematographic experimentation

thuringia experiment

location prognosis

Upgrade Site and Region

Create a Central Place

Incubator for Small Businesses

Tourism

Media OutletConnector

Incubator

SustainablePublic Space

Cultural Heritage Sites

Creative Gateway into North

container for urban experimentation

investment

$

Connect Weimar Nord to CityConcept Diagramming

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 20

Page 21: Presentation Weimar Nord

Landmarks

IBA +Expansion of cinematographic experimentation

Edges

Nodes

Corridors

IBA +Expansion of cinematographic experimentation

IBA +Expansion of cinematographic experimentation

IBA +Expansion of cinematographic experimentation

Location Factors

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 21

Page 22: Presentation Weimar Nord

Event SpaceFilm Festival SiteSound Stage for Film ProductionNightclubFashion ShowsArt GalleryCulture Programs

Lighthouse Landmark - IBASustainability RedevelopmentStudent Architecture ProjectPublic Green Space Sculpture Garden

Tours departing to BuchenwaldHistorical TourismMemorialFuture tram station

Urban Heritage

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 22

Page 23: Presentation Weimar Nord

Photo Obtained from Group 4 PresentationAdventure Park

Lighthouse

Sculpture Park

Post-Industrial Landscape

Event Hall

Landscape Space

Memorial Space

Cinematography Film Projection

Architectural Icon

Small Business Incubator

Site Idea 1: Adventure Weimar

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 23

Page 24: Presentation Weimar Nord

Adventure Park

Lighthouse

Sculpture Park

Post-Industrial Landscape

Event Hall

Landscape Space

Memorial Space

Cinematography Film Projection

Architectural Icon

Small Business Incubator

Site Idea 2: Sculpture Weimar

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 24

Page 25: Presentation Weimar Nord

Adventure Park

Lighthouse

Sculpture Park

Post-Industrial Landscape

Event Hall

Landscape Space

Memorial Space

Cinematography Film Projection

Architectural Icon

Small Business Incubator

Site Idea 3: Post-Industrial Weimar

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 25

Page 26: Presentation Weimar Nord

Adventure Park

Lighthouse

Sculpture Park

Post-Industrial Landscape

Event Hall

Landscape Space

Memorial Space

Cinematography Film Projection

Architectural Icon

Small Business Incubator

Site Idea 4: Event Weimar

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 26

Page 27: Presentation Weimar Nord

Adventure Park

Lighthouse

Sculpture Park

Post-Industrial Landscape

Event Hall

Landscape Space

Memorial Space

Cinematography Film Projection

Architectural Icon

Small Business Incubator

Site Idea 5: Iconic Weimar

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 27

Page 28: Presentation Weimar Nord

Adventure Park

Lighthouse

Sculpture Park

Post-Industrial Landscape

Event Hall

Landscape Space

Memorial Space

Cinematography Film Projection

Architectural Icon

Small Business Incubator

Site Idea 6: Creative Weimar

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 28

Page 29: Presentation Weimar Nord

URBAN & ARCHITECTURE DESIGN

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 29

Page 30: Presentation Weimar Nord

1 IBA Headquarter2 Parking3 Park

2800 sqm Site0 51 0

Scale 1:500

15 20

Masterplan - 2800 m2 site

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 30

Page 31: Presentation Weimar Nord

OFFICE SPACE50,27%

CULTURAL SPACE19.28%

RETAIL SPACE12.49%

STORAGE SPACE9.43%

SERVICE SPACE8.53%

906.07M2

170.30M2 153.81M2225.33M2347.61M2

IBA CharrettesFilm Industry Offices

Festivals Social Space

Distribution of Spaces

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 31

Page 32: Presentation Weimar Nord

A Gateway into Weimar Nord1. Technical Space2. Main Core : WC3. Staircase4. Elevator Shaft5. Office6. Kitchen7. Conference hall8. Cafe9. Gallery10. Information center11. Rest room12. Cafeteria

1

22

34

4

2 2

2 2 2 2

7

5 6

5 5

8

9 10

5

6

6

3

12

12

4 3

3

4 3

Basement

1st floor

2nd floor 3rd Floor Roof

1. Technical Space2. Main Core : WC3. Staircase4. Elevator Shaft5. Office6. Kitchen7. Conference hall8. Cafe9. Gallery10. Information center11. Rest room12. Cafeteria

1

22

34

4

2 2

2 2 2 2

7

5 6

5 5

8

9 10

5

6

6

3

12

12

4 3

3

4 3

Basement

1st floor

2nd floor 3rd Floor Roof

6.1.1 The Architecture Design

Floor Plans

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 32

Page 33: Presentation Weimar Nord

http://hoklife.com/2009/02/05/hong-kong-o�ce-achieves-leed-gold/

http://www.drydencentre.org/conferencehall.html

http://moneyning.com/free-stu�/enjoy-starbucks-without-guilt-giveaway/

Office

Staircase + Elevator shaft

Sub core - Staircase

Technical Space

Caferia

Main Core

Gallery

Cafe

Information

Conference Hall

Kitchen

http://www.uncg.edu/euc/gallery/

Spatial Diagramming

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 33

Page 34: Presentation Weimar Nord

PRELIMINARY COST ASSESSMENT

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 34

Page 35: Presentation Weimar Nord

developer calculation - expenses

A. land acquisition B. land preparation

C. building costs direct building costs (KG 300+400+600 nach DIN 276) additonal building costs @ 14.00% sum

D. projekt management fee

F. financing costs

SUM total investment

134.820,00

170.000,00

1.973.924,96 276.349,49

2.250.274,45 €

67.508,23

167.317,59

2.789.920,28

Land Acquisition = 2,800.00 m2 @ 45 €/m2Office Space Costs @ 1,150 €/m2 GFACultural Spaces @ 1,450 €/m2 GFAParking Spaces @ 70 €/m2Service Spaces @ 250 €/m2Retail Spaces @ 450 €/m2Storage Space @ 130 €/m2Exterior Space @ 50 €/m2

Marketing Costs excluded from total cost - Lump sum = 50,000 €

A Creative Gateway into Weimar Nord

Expensesproject developmentarchitectural management

Professor Dr.-Ing. Bernd Nentwig 35

Page 36: Presentation Weimar Nord

developer calculation - return

A. office space (906.07 m2 rentable) @ 9,00 €/m2 B. service space (153.81 m2 @ 0 €/m2)

C. cultural space (347,61 m2 rentable @ 10,00 €/m2 D. retail space (225.33 m2 rentable @ 7,00 €/m2

F. storage space (170,30 m2 rentable @ 2 €/m2

G. parking space (40 pl rentable @ 55 €/m2

SUM return per month

8.154,63

00,00

3.476,10

1.577.31

340,60

2.200,00

15.748.64

188.983,68

€Sum return per year

A Creative Gateway into Weimar Nord

Incomeproject developmentarchitectural management

Professor Dr.-Ing. Bernd Nentwig 36

Page 37: Presentation Weimar Nord

developer calculation - rate of return

A. total investment B. rent return p.a.

MULTIPLIER

trading profit

A. rent return p.a. x multiplier 15.76 B. total investment

Trading Profit

Initial Rate of Return

2.789.920,28

188.983,68

14.76 fache Jahresmiete

2.978.903,96

-2.789.920,28

188.983.68

6.77 %

A Creative Gateway into Weimar Nord

Return on Investmentproject developmentarchitectural management

Professor Dr.-Ing. Bernd Nentwig 37

Page 38: Presentation Weimar Nord

rent p.a

207.882,05 €

188,983.68 €

170.085,30 €

2.250.274,00 €

2.176.197,45 €

74,077.00

3.29%

E. tenancy and marketing

tenancy monthly rent 0 times 0,00 0,00marketing lump sum 50.000,00 50.000,00sum E tenancy and marketing 50.000,00 €

F. financing costs

financing of land acquistion 134.820,00 € 18 Mon. 5,00% 10.236,86 €financing of land preparation 170.000,00 € 18 Mon. 5,00% 12.908,07 €financing of building (C+D) 2.250.274,45 € 12 Mon. 5,00% 56.256,86 €Summe F1 79.401,79 €

financing of tenancy phase (A-F) 2.555.094,45 € 6,00 Mon. 7,00% 87.915,80 €sum financing costs 167.317,59 €

G. total investment

land acquistion 134.820,00 €land preparation 170.000,00 €building costs 2.250.274,45 €projekt management fee 67.508,23 €financing costs 167.317,59 €sum total investment 2.789.920,28 €

H. rent return

office space 906,07 m2 rentable 9,00 €/m2 8.154,63service space 153,81 m2 0,00 €/m2 0,00cultural space 347,61 m2 rentable 10,00 €/m2 3.476,10 €retail space 225,33 m2 rentable 7,00 €/m2 1.577,31storage space 170,30 m2 rentable 2,00 €/m2 340,60parking space 40 pl rentable 55,00 € Monat 2.200,00garageunderground parking space

rent return per month 15.748,64 €

rent return per annus 15.748,64 12 Mon. 188.983,68 €

I. rate of return

total investment 2.789.920,28 €rent return p.a. 188.983,68 €initial rate of return 6,77 %mulitplier 14,76

J. trading profit

rent return p.a. x multiplier 15,76 2.978.903,96 €total investment -2.789.920,28 €trading profit 188.983,68 €

= 6,77 %

K. matrix of alternatives

variations of rent return rent p.a.3.068.912,31 € 3.276.794,36 € 3.484.676,40 €

10% 207.882,05 € 10,00% 17,45% 24,90%2.789.920,28 € 2.978.903,96 € 3.167.887,64 €

0% 188.983,68 € 0,00% 6,77% 13,55%2.510.928,25 € 2.681.013,56 € 2.851.098,88 €

-10% 170.085,31 € -10,00% -3,90% 2,19%

basis of calc.

16,76multiplier sales revenue/ trading rofit

referenz value price costsbasis of calc. amount

financed amount interest rateterm

fache Jahresmiete

14,76 15,76

costs

Matrix of Alternatives/Cost Index

Matrix of Alternatives

variations of rent return

A. 10% B. 0

B. -10%

Preliminary Cost Assessment

Cost Index Calculation (step 2)

difference

deviation

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 38

Page 39: Presentation Weimar Nord

WEIMAR NORDTHE FUTURE

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 39

Page 40: Presentation Weimar Nord

0 10 50

7

3

8

5

6

4

2

3

1

9

1 Güterbahnhof2 IBA Headquarter3 Parking4 Mixeduse Buildings5 Hotairballoon Park6 Otto Metzer Villa7 Viehauktionshalle8 Warehouse9 Park 2800 sqm Site New Buildings

Scale 1:2000 Phase 2

A Creative Gateway into Weimar Nord

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Page 41: Presentation Weimar Nord

7

3

8

5

6

4

2

3

1

9

Güterbahnhof 1Commercial Buildings 2

Parking 3Mixeduse Buildings 4

Hotairballoon Park 5Otto Metzer Villa 6

Viehauktionshalle 7Warehouse 8

Park 92800 sqm Site

New Buildinsgs

2

2

2

2

0 10 50

Scale 1:2000

7

3

8

5

6

4

2

3

1

9

Güterbahnhof 1Commercial Buildings 2

Parking 3Mixeduse Buildings 4

Hotairballoon Park 5Otto Metzer Villa 6

Viehauktionshalle 7Warehouse 8

Park 92800 sqm Site

New Buildinsgs

2

2

2

2

0 10 50

Scale 1:2000 Phase 3

A Creative Gateway into Weimar Nord

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 41

Page 42: Presentation Weimar Nord

WeimarBerkeer Bf

Weimar Hbf

Weimar Goethe tram station

Jena

Erfurt

Bad Berka

HalleBuchenbald

Weimar Goethe tram station

Guter Bf

Existed train tracksFuture public trans-portation system

Green corridor

Phase 4

A Creative Gateway into Weimar Nord

IBA Headquarters ExistingCommercial, Residential

WarehouseCommercial,

Industrial

IBA HeadquartersViehauktionshalle,Event Space,

Film Industry,Culture Programs

GüterbahnhofHistorical Tourism,

Memorial

Otto Hetzer VillaLighthouse Landmark,

Sculpture Garden

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Page 43: Presentation Weimar Nord

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Page 44: Presentation Weimar Nord

Thank You!

project developmentarchitectural managementProfessor Dr.-Ing. Bernd Nentwig 44