Start of expansion work in Norderstedt

After a construction period lasting 16 months, the 1st construction phase of restructuring and expansion of the De-Gasperi-Passage, in the direct vicinity of the Herold-Center in Norderstedt, was transferred on 29/09/2014. In total, approx. 16,600 sqm GFA incl. 300 parking spaces underwent extensive renovations, restructuring and expansion work during ongoing daily operation of the KARSTADT department store. In addition to a modern KARSTADT department store, a new KARSTADT SPORTS shop and a SATURN electronics store were built. The building was expanded by approx. 30% of its total area and, in this context, has been given a completely new look. After the completion of the development planning procedure in October 2014, the 2nd construction phase started promptly. The expansion work began in the middle of June 2015. The structural work is to be completed by the end of July 2015; completion is planned for the end of 2015.  The building area in the 2nd construction phase includes a large neighbourhood shopping centre on two levels with a REWE-CENTER as the anchor tenant and additional specialist stores. Overall, Matrix was able to virtually double the retail space in this location.