International Campus’ new student residence “THE FIZZ Frankfurt Gallus” to fully open on 1 October
- International Campus’ first conversion project
- Completed building section already fully rented, renting of all other student apartments to begin immediately
- A food retailer and a restaurant are ground floor tenants , one shop space is still available
- Exclusive viewing of the student residence is scheduled for members of the press and university representatives in mid-September
On 1 October, International Campus AG will fully open its new student residence “THE FIZZ Frankfurt Gallus” in time for the 2015/16 winter semester. The first building section, which opened on 1 July, is already fully rented. The student apartment building in the former city of Frankfurt’s Municipal Public Affairs Department includes 381 fully furnished single apartments, several seminar rooms, a house manager, a lounge area with cooking area on the ground floor and a sky lounge with another cooking area and a view of Frankfurt’s skyline. The property also has 300 bicycle stands and 113 parking spaces, a newly cultivated green area for the garden apartments and a total of some 1,300 square metres of commercial space. This is occupied by a food retailer and a restaurant and 210 square metres of retail space is still available to rent.
Alexander Gulya, Member of the Executive Board for Development at International Campus AG, commented: “We are happy with the completion of our new student residence in Frankfurt Gallus in time for the winter semester. “THE FIZZ Frankfurt Gallus” is special to us as it is our first conversion project. We have created contemporary and highly sought living space for students out of an office building which is more than 40 years old. It also fully lives up to our typical quality and living standards”. The conversion of office buildings has plenty of scope:
“The high vacancy rate of office buildings dating from the 1970s which can no longer be leased is typical of many German cities. Converting these old buildings into student accommodation bears huge potential. They are also centrally located and already come with the relevant building permission“, added Gulya.
The Frankfurt-based architectural firm Magnus Kaminiarz & Cie was responsible for the planning of “THE FIZZ Frankfurt Gallus”. After reducing it to its basic structure, a complete renovation and extensive building work, the eight and eleven-storey building now meets the low energy KfW 70 standard. The modern student apartments with a floor space of between 21 and 24 square metres are all fully furnished with a bed, desk, chair and cupboards and include a high-quality shower room and a kitchenette with a refrigerator, microwave and ceramic hob. The “Schwalbacher Straße” tram stop is directly opposite “THE FIZZ Frankfurt Gallus” and the S‑Bahn station Galluswarte is within walking distance. The monthly all-in-rent starts at EUR 515 – incl. high-speed Internet, furniture, electricity and ancillary costs.
International Campus’ second student accommodation in Frankfurt am Main will be completed in the form of an ensemble of buildings near the Sommerhoffpark by the 2018/19 winter semester. “THE FIZZ Frankfurt Sommerhoffpark” on the northern bank of the Main river will provide high-quality accommodation for around 390 students. More than 60,000 students studied at the city’s two universities and eight technical colleges during the 2014/15 winter semester.