"Stachus Research Ensues: 'Duke Max' Marks Inauguration - Karstadt-Sport Fades Away"
In the heart of Munich, the historic Herzog Max Palais, situated at Karlsplatz, has undergone a remarkable transformation. After a five-year vacancy, the 14,000 square meter complex is now bustling with activity, thanks to the opening of the modern "Herzog Max" establishment.
Previously, the area was home to Karstadt Sport, a department store that closed down following the collapse of the Signa empire. The old department store ruins have been replaced with a mix of modern buildings, creating a harmonious blend of the old and new.
The Max Planck Society, a renowned research organisation, is the main tenant at the location, with its Institute for Innovation and Competition taking up two-thirds of the area. The sports store "New Balance" and the internationally active law firm Ashurst have also moved in, adding to the vibrant mix of businesses.
The redevelopment of the building was no easy feat. Light courts were opened, staircases were relocated, and new spatial worlds were created to accommodate the modern tenants. Euro Real Estate was the builder of "Herzog Max", with Accumulata commissioned as the project developer.
The Wilhelm von Finck Head Office, which acquired the building complex eight years before the Karstadt Sport bankruptcy, in 2012, owns the quarter at Karlsplatz. The building from 1865 now houses a "highly functional industrial building" behind its historical facade.
Gastronomy is still planned for "Herzog Max", promising to attract smart minds and maintain the area's popularity among locals and visitors alike. The opening of "Herzog Max" took place on Tuesday, marking a new chapter in the life of this iconic Munich building.
For more detailed information about the history and development of the Herzog Max building after the closure of Karstadt Sport, local Munich urban development records or news archives would be the best sources.
- The historic Herzog Max Palais, upon its redevelopment, has attracted diverse businesses such as the law firm Ashurst, highlighting a blend of lifestyle and finance.
- Euro Real Estate, the builder of "Herzog Max", made significant investments in real-estate to transform the vacant complex into a modern establishment, complete with innovations like light courts and relocated staircases.
- The redeveloped Herzog Max Palais, still planning for gastronomy, demonstrates the Wilhelm von Finck Head Office's successful investing in home-and-garden projects, ensuring its continued popularity among locals and visitors.