Hamburg’s “Innovation Port”
The transformation of Harburg is far from complete. There are still many properties and sites in the harbor that are suitable for unusual and prestigious development projects – hence many opportunities for investors, both domestic and foreign. The neighborhood already boasts The German Aerospace Center, as well as the Fraunhofer Center for Maritime Logistics CML.
In particular, a project called the “Hamburg Innovation Port” (HIP) is attracting interest. The vision for HIP is a commercial complex where companies work closely together with the scientific community. The first building with around 6,000m2 has already been completed, and a further 20,000m2 are under construction, including five new hotels. In all, just under a third of the planned 70,000m2 complex is under way, and investment to date totals EUR 150 million.
For a model of what Harburg’s harbor might look like, one only has to travel a few kilometers north to the Hafencity, where the transformation of the old warehouse district has already largely been completed. The area is proving to be a magnet for locals and tourists, not least because of the world-famous Elbphilharmonie concert hall.