coa moves to Friesenplatz
The Frankfurt-based catering company, coa Asian Food & Drinks, is moving to Friesenplatz in Cologne. Allianz Real Estate Germany has signed a pertinent tenancy agreement with the lifestyle-oriented, Asian, fast-casual system catering brand for the building on Friesenplatz, which is presently under construction.
As such, coa shall rent approximately 550m² on the prominent corner of Friesenplatz and Hohenzollernring from fall 2018. Over the next three and a half years, Allianz Real Estate will be building "Haus Friesenplatz" there in two construction phases. Demolition work is presently taking place for the old buildings from the sixties.
"Enjoy Asia with all your senses" - coa's philosophy. Founded in 2005, the Southeast Asian kitchen serves up a variety of dishes, including wok dishes, dim sum, salads, soups and curries. The catering concept was developed by Alexander and Constantin v. Bienenstamm, who were both born and grew up in Hong Kong. A key component of their business concept is to have a restaurant design that focuses on communication and a cordial atmosphere and sports an open show kitchen.
Reconstruction of "Haus Friesenplatz"
Allianz Real Estate Germany is scheduled to complete "Haus Friesenplatz" in Cologne by summer 2020: Following two phases of construction, Friesenplatz 2-14 will be home to offices, shops and living space with around 15,500m² of useful area. 111 parking spaces are also being built. One of the current tenants that occupies the former Allianz property is Weingarten, a fashion boutique that has had its head office there since 1930. During the construction, the boutique will be expanding its presence in the area by renting approximately 2,200m² of retail and storage space.
Construction in two phases
Demand for modern, interconnected office spaces with a flexible layout in Cologne remains as high as ever. As such, Allianz are creating approximately 7,700m² of office and retail space during the first construction phase (fall 2016 to fall 2018). The second phase (fall 2018 to summer 2020) will see a further 6,600m² of office and retail space, as well as premium living space in a prime town-center location. The marketing of the office space will be led by JLL Cologne. Cologne-based architects msm meyer schmitz-morkramer designed the new seven-story building, which will be built by the primary contractor, Lang & Cie. Rhein-Ruhr Real Estate AG, who are based in Frankfurt.
The building will have three different façade sections in order to ensure seamless integration into the cityscape.
In doing so, Allianz will be complying with the requirements of the architectural advisory board and the City of Cologne. All rental units are equipped with either a terrace or a balcony. Furthermore, Allianz is already preparing itself for users of the future and is not only planning an e-bike station, but also showers for employees who cycle to work. As such, the construction principal mainly envisages consulting firms and enterprises from the creative industries, which are well represented in Cologne, as the buildings' main target group.