Finally progress on the Sendlinger hole: construction work will start soon!

Finally progress on the Sendlinger hole: construction work will start soon!

on the Sendlinger Loch on Alramstrasse finally happens-a construction site drama that has been keeping residents and apartment seekers in suspense since 2020 may seem to develop in a positive direction. This twelve -meter -deep excavation pit, which has run full with water for years, becomes a symbol of a residential building crisis that does not seem to end. But the currently active construction vehicles and a crane give hope that there will soon be progress. As the evening newspaper , static examinations are currently taking place and defects are gradually being removed.

The residents still ask themselves many questions. Again and again there were feedback on the condition of the construction site, own complaints and even contacting the district committee. Many feel abandoned by the city. Various reductions ensured that the access gate to the fire brigade had to be adjusted several times. The water level in the excavation continues to increase-a fact that also the Wochenanzeiger intensively illuminated.

The current work on the Sendlinger Loch

An April was raised for suspicion of infidelity, bankruptcy and bankruptcy disposal against those responsible for the construction site. The process date is still pending and the presumption of innocence applies until the final decision. It is bubbling behind the scenes: rumors about a possible buyer or new investor persist. According to evening newspaper could not be interested in this speculation.

There are currently no new building applications. M-Concept boss Stefan Mayr has confirmed that the property of 5,000 square meters has not yet been sold. Instead, the work is now focusing on the mine protection. It is planned to start building the basement in September, whereby the original plans should continue to be realized according to Mayr.

The broader construction crisis in Germany

The construction site Sendlinger Loch is not the only problem child in the Munich real estate landscape. The construction industry is struggling nationwide with dramatic declines in private construction projects. There has been a decline of around 40 percent for two years when it comes to high construction costs and political uncertainties. The conversations about a possible turn in building policy are also underway, such as the Meister tip confirmed.

Construction associations require tax relief and simplified building regulations to boost housing construction again. Young families in particular notice the difficulties and need new incentives to realize their home's dream. Suggestions for the reform of real estate transfer tax are in discussion, as are a sustainable transformation of building.

So it remains exciting on the Sendlinger hole. Hope for progress is noticeable in the residents, even if the concerns often predominate. The next few months will be crucial whether the long smoldering conflict around the construction site will finally be solved and whether Munich can successfully implement another residential project.