Concrete Skeletons at Kaiserlei Roundabout Disappear - Offenbach’s €500M Transformation Begins at Kaiserlei Roundabout by 2029
Offenbach's urban landscape is set to transform with ABG's acquisition of the long-vacant Kaiserlei Roundabout site from the Adler Group. The city council has given the green light to ABG's ambitious plans, which include constructing over 1,200 rental apartments at a cost of over €500 million.
The project, slated to commence with demolition in spring 2026, aims to have the first residents move in by 2029. ABG, the acquiring company, envisions a residential district that integrates social and commercial infrastructure, breathing new life into the area.
The former owner of the site, the Adler Group, has transferred ownership to ABG, marking a significant step forward in the project's timeline. ABG's investment of over €500 million underscores the company's confidence in Offenbach's growth potential.
With the city council's approval, ABG's acquisition of the Kaiserlei Roundabout site paves the way for a substantial residential development. The project promises to reshape Offenbach's urban landscape, bringing new homes and amenities to the area by 2029.