European Central Bank Headquarters

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European Central Bank Headquarters
European Central Bank - building under construction - Frankfurt - Germany - 13.jpg
Construction site (3 May 2014)
Alternative names New ECB Premises
General information
Status Under construction
Type Government offices
Architectural style Deconstructivism
Location Ruckertstrasse
Frankfurt
Hesse, Germany
Coordinates 50°06′34″N 8°42′09″E / 50.10944°N 8.7025°E / 50.10944; 8.7025Coordinates: 50°06′34″N 8°42′09″E / 50.10944°N 8.7025°E / 50.10944; 8.7025
Construction started Spring 2010
Estimated completion 2014
Cost ~ €1.4 billion
Owner European Central Bank
Height
Antenna spire 201 m (659 ft)[1]
Roof 185 m (607 ft)
Technical details
Floor count 48
Floor area 184,000 m2 (1,980,000 sq ft)
Lifts/elevators 18
Design and construction
Architect Coop Himmelb(l)au
Engineer Ove Arup & Partners
Bollinger + Grohmann
Ebert-Ingenieure Nürnberg
References
[2][3][4][5]

The European Central Bank Headquarters is a building complex under construction in the Ostend district of Frankfurt. It includes the existing Großmarkthalle, a new 185/165-metre-twin-skyscraper and a new low-rise building to connect the two. Located east of the city centre it will house the new headquarters for the European Central Bank (ECB).[6] It is expected to be completed in 2014.

The ECB's headquarters is legally required by the Treaties of the European Union to lie within the city limits of Frankfurt, the largest financial centre in the Eurozone.[7] The ECB currently resides in the Eurotower and, due to lack of office space there, in two other high-rise buildings (Eurotheum and Neue Mainzer Straße 32-36) in the city centre of Frankfurt.

Development[edit]

In 1999, an international architectural competition was launched by the bank to design a new building. It was won by a Vienna-based architectural office called Coop Himmelb(l)au. The building will be approximately 185 meters tall and will be accompanied by other secondary buildings on a landscaped site on the site of the former wholesale market (Großmarkthalle) in the eastern part of Frankfurt. The main construction work was planned to commence in October 2008, with completion scheduled for before the end of 2011.[8][9]

Construction was planned to start in late 2008, but was put on hold in June 2008 as the ECB was unable to find a contractor that would build the Skytower for the allocated budget of €500 million[10][11] due to the bidding taking place at the peak of the pre-late-2000s recession bubble. A year later with prices having fallen significantly the ECB launched a new tendering process broken up into segments. With the project back on, the ECB plans to move in mid-2014.[12][13]

It is expected that the building will become an architectural symbol for Europe and is designed to cope with double the number of staff who operate in the Eurotower.[14]

Design[edit]

The main building's roof height is estimated to be 185 m (607 ft) and it will be surrounded by other structures that will also serve as offices for ECB staff. It is expected that the complex will have more than twice the floor area of the ECB's current temporary headquarters in the Eurotower.[14]

ECB Construction progress
Design model 
Großmarkthalle site from the river Main (2006) 
Großmarkthalle site from the air (2007) 
Building work (2011) 
March 2012 
April 2012 
June 2012 
August 2012 
April 2013 

See also[edit]

References[edit]

  1. ^ "ECB newsletter 5/2013". European Central Bank. Retrieved 2013-06-02. 
  2. ^ European Central Bank Headquarters at CTBUH Skyscraper Database
  3. ^ European Central Bank Headquarters at Emporis
  4. ^ European Central Bank Headquarters at SkyscraperPage
  5. ^ European Central Bank Headquarters at Structurae
  6. ^ "New ECB Premises". European Central Bank. Retrieved 8 March 2008. 
  7. ^ "Consolidated versions of the treaty on European Union and of the treaty establishing the European Community" (PDF). Eur-lex. Retrieved 12 June 2007. 
  8. ^ "Winning design by Coop Himmelb(l)au for the ECB's new headquarters in Frankfurt/Main". European Central Bank. 6 January 2003. Archived from the original on 9 June 2007. Retrieved 2 August 2007. 
  9. ^ "Launch of a public tender for a general contractor to construct the new ECB premises". European Central Bank. 6 January 2003. Retrieved 2 August 2007. 
  10. ^ "The European Central Bank formally closes the public tender for a general contractor to build the new ECB premises". European Central Bank. 25 June 2008. Retrieved 10 September 2008. 
  11. ^ Rainer Schulze (27 June 2008). "Angebot für EZB-Turm lautete auf 1,4 Milliarden Euro". Frankfurter Allgemeine Zeitung (in German). Retrieved 5 August 2012. 
  12. ^ Nina Koeppen (17 December 2009). "Financial Crisis Helps ECB To Build New Home". The Wallstreet Journal. Retrieved 1 August 2012. 
  13. ^ Staff writers (18 December 2009). "ECB green light for new Frankfurt headquarters". The Gulf Daily News. Retrieved 5 August 2012. 
  14. ^ a b Dougherty, Carter (16 November 2004). "In ECB future, a new home to reflect all of Europe". The International Herald Tribune. Retrieved 2 August 2007. 

External links[edit]