Frequently asked questions
How can I rent or buy accommodation in HafenCity? How green is the district? And what are the responsibilities of HafenCity Hamburg GmbH? Answers to frequently asked questions
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What are the responsibilities of HafenCity Hamburg GmbH?
It is the responsibility of HafenCity Hamburg GmbH (HCH) to ensure that management of Europe’s largest inner-city development is integrated. It combines responsibilities for most aspects of the development, so it can offer potential site owners, as well as users, residents and government departments, a one-stop shop solution.
HCH is owned 100 per cent by the Free and Hanseatic City of Hamburg and is the trustee of its "special city and port assets": almost 100 per cent of the land in the HafenCity project area belongs to these special assets. HCH finances its activities through the sale of these pieces of land. Furthermore, private investors have put in an additional EUR 6.6 bn. The public sector invests EUR 2 bn. for projects involving connections to external traffic infrastructure (e.g. U4 underground line) or public buildings such as the Elbphilharmonie Concert Hall, HafenCity University or schools.
HCH’s primary function is to make available, develop, market and sell pieces of land. It is also responsible for communication, public relations, event management, publicity and promotion of the cultural activities and the arts in this new part of town. For public areas, HCH takes on the role of developer itself, putting in place infrastructure (e.g. flood-protected roads and bridges), and planning and building squares, parks, sports and play areas.
The quality of development in the district is guaranteed by HCH taking on allocative functions, such as running urban and architectural competitions, which are coordinated with the Ministry for Urban Planning & Environment and the developers concerned. HCH does not normally sell plots for housing construction to the highest bidder; it is the quality of the concept that counts. The company also influences market conditions, for instance by bringing in numerous investors, which increases the intensity of competition. With the HafenCity Ecolabel, a marketable certification for sustainable building was introduced which is intensively employed today.
Despite its "GmbH" status as a private company with limited liability, HCH is an excellent vehicle for representing public interests: the supervisory board comprises six members who are all senators. Sales of land usually have to be agreed by the Land Commission, which is made up of representatives of the parties sitting in the Hamburg parliament; the Urban Development Commission is responsible for decisions involving building development. Decisions affecting unusually large projects such as the Elbphilharmonie Concert Hall, the International Maritime Museum or HafenCity University, or those which will involve budget funds, are approved by the Senate or the parliament, the Bürgerschaft.







