Urban development attracts with the purchase of a historical building in Schwäbisch Gmünd

Urban development attracts with the purchase of a historical building in Schwäbisch Gmünd

Buhlgässle 8, 73525 Schwäbisch Gmünd, Deutschland - On May 20, 2025, VGW Stadtwicklung GmbH acquired a historic building in Schwäbisch Gmünd. The house in Buhlgässle 8 was bought for 240,000 euros at a foreclosure. This first campaign of the newly founded Stadtwicklungs GmbH, which was recently decided by the municipal council, aims to revitalize the cityscape through the upgrading of adjoining alleys and empty buildings. The building has an important story: over 100 years it was the headquarters of the Schirm-Hack company, which has sold and produced umbrellas since 1853. The auction was carried out by the VR-Bank Ostalb and the market value of the house is 347,000 euros, including a heritage law on a vaulted cellar, which is rated at 37,500 euros.

Celestino Piazza, managing director of the VGW, emphasizes that society does not simply want to accumulate real estate, but rather to acquire buildings for urban development. In addition, the area around the new building faces challenges because it is not very busy and there is a risk of desolation. The last business, "real", has already closed. VGW Stadtwicklung GmbH, also known as VGW-S, is one of four subsidiaries that deal with rental housing, property management, modernization and repair, among other things.

Planning and objectives

The planned use of the acquired building should benefit the public, even if no concrete details have been published so far. Piazza refers to previous projects such as the swan and the crown prince, which would also have been suitable for the VGW. The swan is currently waiting for housing construction, while the projects are expected to be completed by Crown Prince and the former GOA high-rise in autumn 2025. The marketing of apartments in Zeppelinweg is also good, with a completion that will be sought in early 2027.

A central concern of the VGW is the revitalization and adaptive reuse of historical buildings, which is also becoming increasingly important in urban development. The approach of adaptive reuse offers numerous advantages, such as the preservation of historical buildings, reducing waste and promoting local identity and business. The concept makes it possible to use existing structures for new purposes, which is not only sustainable, but also leads to strengthening community engagement.

challenges and perspectives

Despite the positive approaches, there are also challenges that the VGW has to master. These range from legal framework conditions to financial constraints to technical challenges in modernization. Nevertheless, the will for a positive change in Schwäbisch Gmünd can be felt. However, Piazza warns of overloading the VGW, which currently employs around 80 employees.

The initiative for the revitalization of historical buildings in Schwäbisch Gmünd is also in the context of growing demand for innovative solutions in urban development. Cities like New York, London and Berlin have already successfully converted old buildings and not only preserved their history, but also redefined the urban area. The focus on adaptive reuse of cultural and architectural achievements shows the significant role that such projects can play as part of sustainable urban development.

The combination of tradition and innovation could be Schwäbisch Gmünd on the way to a more attractive and lively urban design.

Further information can be found in the articles of Remszeitung href = "https://www.gmuender-tässpost.de/ostalb/schwaebisch-gmuend/stadt-schwaebisch-gmuend/historisches-haus-in-gmuend-gmuend-neuer-owner-93728420.html"> Gmünder daily mail href = "https://dokmimarlik.com/de/wiederverwagen-historischer-baude-in-der-stadtwicklung/"> Dokmimarlik .