Steigenberger Parkhotel Braunschweig – Braunschweig, Germany
Potential analysis as part of the construction planning for the Steigenberger Parkhotel in Braunschweig.
In 2010, the bauwo Grundstücks AG commissioned Horwath HTL to create a new potential analysis for a hotel project at the Bürgerpark in Braunschweig on the basis of an existing planning and plausibility check. The original investor had backed out due to the financial crisis and the city of Braunschweig asked the bauwo real estate AG to take over the development of the property.
The project envisaged the realization of a 4-star superior hotel with around 180 rooms including 17 suites on a gross floor area of approx. 12,000 m² in close consultation with the city of Braunschweig.
A lease agreement exists with the Arcona 10. hotel operating company, which operates the hotel as a franchisee under the brand “Steigenberger”.
Horwath HTL supported the twentieth bauwo Business Center GmbH with hotel-specific consulting and project management services. For example, in the acquisition of a project-related development plan, in the commitment of the hotel operator, in the search and retention of an investor and in the further planning, optimization and realization of the hotel project, to the acceptance and handover to the hotel operator.
The opening took place in August 2013.