The real estate developers NORD PROJECT and GBI have completed 174 student and trainee apartments and a daycare center in Hamburg-Harburg and handed them over to the owner and the operators.

Hamburg, 04.10.2023 

In Hamburg, the two project developers NORD PROJECT and GBI have completed the construction of 174 apartments for students and trainees as well as a daycare center with 55 places in the Harburg inland port. The handover to the owner HanseMerkur Grundvermögen AG and the Kinderstadt Kita has taken place. With the apartments for students and trainees, the operator FDS starts its first house of the new brand Felixx Student Homes in Hamburg. The move-in of the young people in Theodor-Yorck-Strasse 29 will take place since 01 October 2023. 

"Given the huge demand for both affordable student housing and daycare places, our project teams have worked very hard to meet this early October deadline and thus the planned timeframe. This is a great success that cannot be emphasized enough," Gerrit M. Ernst, Managing Director of NORD PROJECT, is pleased to say: "For students in particular, this is extremely important, given the scarce supply of affordable apartments in the Hanseatic city at the imminent start of the winter semester. The challenges during the construction phase with Corona, disruptions in the supply chains and significantly more expensive energy were manifold. That makes the timely completion all the more gratifying." The excellent cooperation with the general contractor KÖGEL Bau and the tradesmen also contributed to this. 

The individual apartments for students and trainees in the new property range in size from around 18 to around 28 square meters and are fully furnished, each with a bicycle parking space. In addition, there is a roof terrace for meetings and events, a common room and a study room. "Not only the furnishings of the house are a particular plus of the project development, but also the location," emphasizes Gerrit M. Ernst: "A few meters from the water and yet conveniently located to destinations of student life and the TUHH main building.


The property is an important infrastructure project for the Hamburg district. On the one hand, the university location is strengthened. Companies have an additional argument in talks with potential trainees. And the use of the property as a daycare center is a sought-after expansion of the social infrastructure, an important component of an attractive residential environment. Demand for the 55 places in the new daycare center location has already exceeded demand at the start. Because of the special social concept, the house is now taken over by the real estate special fund HMG Grundwerte Wohnen SOZIAL of HanseMerkur Grundvermögen AG (HMG).

For Frank Lorenz, Managing Director of the Lorenz Group as a cooperation partner in this project, the development of a lively mix in the neighborhood has been outstandingly successful: "This was our goal when we started developing the areas east of Schellerdamm almost 15 years ago. The completion of this property is a decisive contribution."
With the house in Hamburg-Harburg, GBI and NORD PROJECT have realized the fifth house in the Hanseatic city. "We are continuously creating projects in this area and are the second largest player in Hamburg after the Studierendenwerk," says NORD PROJECT Managing Director Ernst. Already in operation, in addition to the 174 apartments in Harburg, are two offerings in the Münzviertel with 174 and 160 places respectively, one at the Berliner Tor S-Bahn station (209 places) and in Eimsbüttel/Schulterblatt (52 units). Under construction are another approx. 200 subsidized apartments in Winterhude in the Pergolenviertel.