The first pile for the Rossmarkthöfe in the center of St. Pölten is still a long way away. As the “Krone” has learned, nothing will be demolished this year.
If things had gone according to the original plans of the Signa group, which has now slipped from one negative headline to another, St. Pölten would have a lot to celebrate next year: the Rossmarkthöfe, a ‘project of the century’ from the town hall square to the boulevard should be ready in 2025 after three years of construction.
But since the sale of the 9,000 m² real estate project to Süba, a big question mark has hung over the enormous conversion of the old Leiner district into hotels, apartments and a conference center. In any case, it appears that the already submitted construction project is being properly revised.
Construction will not start until 2025 at the earliest
Because as the “Krone” has learned, the development of the Rossmarkthöfe will take the whole year. “The demolition of the former Leiner buildings will only take place after 2024,” confirms the Viennese real estate developer led by investor Klemens Hallmann. Construction work is not scheduled to begin until 2025.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
