Work starts on International Campus AG student residence
building in Hanover
- A new student accommodation in central location with 303 single and double apartments
- Opening of “THE FIZZ Hannover” scheduled for summer semester 2015
- Approximate investment volume €24.5 million
Construction work began in Hanover on a new student
residence building for International Campus AG. A total of 303 single and double
apartments are being built on a 3000 m² site in the Nordstadt district of the city.
International Campus has taken over the new build project from a local partner at an
advanced stage of development. The planed date for completion is the summer
semester of 2015. The apartment building on the corner of Weidendamm and
Am Kläperberg represents an investment volume of around €24.5 million.
Horst Lieder, CEO of International Campus AG: “The first ground-breaking marks the
start of construction of our new student residence building in the centre of Hanover.
By the summer semester of 2015 there will be over 300 new high quality single and
double apartments, which will ease the tight student housing market in the
prosperous state capital.” Lieder added: “We are investing in Hanover because we
have found here excellent preconditions for a long-term and successful engagement
in student housing. Lower Saxony’s capital city has a very attractive university
environment, in the future there will still be a high demand for small-scale residential
accommodation with a useful mix of services.”
International Campus will operate the student residence building in the Nordstadt
district of Hanover under the brand name of “THE FIZZ”. The building, which has a
maximum of seven storeys, will be built to the same quality standards as others of
the brand. The architectural firm of Schneider + Sendelbach of Brunswick was
responsible for the design up to planning permission. The main contractor is Köster
Bau GmbH of Osnabrück. An average-sized apartment will be about 22 m² and be
fully furnished. “THE FIZZ Hannover” is located close to the Gottfried Wilhelm Leibniz
University, the teaching hospital Klinikum Hannover Nordstadt and the Max Planck
Institute. The S‑Bahn station “Nordstadt” and the tram station “An der Strangriede”
are within a few minutes’ walking distance. The capital of Lower Saxony has
approximately 39,800 students studying in the city (winter semester 2012/13).