Mönchengladbach is booming: investments are reaching new records!

Mönchengladbach is booming: investments are reaching new records!

The Mönchengladbach development company (EWMG) presents encouraging figures that indicate a significantly increased transaction volume in 2024. Despite the challenging conditions, the company was able to record a total volume of 15.5 million euros, which increased by 3.5 million euros compared to the previous year. This shows that the transaction volume was able to stabilize at pre-crisis levels. Furthermore, the transaction volume doubled compared to 2023, when it was still 12.3 million euros Lokalklick.eu reported.

In 2024, EWMG achieved sales revenues of 20.8 million euros, a significant increase compared to 12.7 million euros in 2023. The forecasts for the rental and leasing business also show a positive trend. Around 5.2 million euros were forecast here, which corresponds to an increase of 10 percent compared to the previous year.

Investments in infrastructure

The EWMG uses the additional income specifically for the construction of new infrastructural projects. These include, among other things, the construction of daycare centers, a reception building at Rheydt main train station and the terrain modeling of the Maria Hilf terraces. The development of new commercial areas and residential development areas is also on the agenda.

The first properties on the Maria Hilf Terrassen have already been advertised for investors - two apartment buildings and seven townhouses are planned. In the Flipsenpesch development area, 29 plots of land were allocated for single-family homes and semi-detached houses. EWMG also plans to sell 14 properties on the REME site at the end of 2025.

Strategic planning for housing

There is a strong commitment to housing development in the city of Mönchengladbach. In view of the lack of affordable living space in metropolitan areas such as Cologne and Düsseldorf, the city administration has set up a housing area of ​​action. The urban development and planning department is tasked with strategically planning the housing supply and analyzing housing demand in order to support the acquisition and promotion of new buildings and existing renovations. Loud moenchengladbach.de Local players in the housing market will also be better networked in order to sustainably improve the market situation.

These structured plans should not only help meet current housing demand, but also promote balanced market management in order to find long-term solutions.

Sporting future for Mönchengladbach

Another focus of the EWMG is on promoting Mönchengladbach as a sports location. From 2026, the hockey location will be expanded into a national training center. Plans include a sports school with 48 rooms, training rooms as well as fitness and physiotherapy rooms. The aim is to position Mönchengladbach as a center for the international hockey community and sports elite.

The EWMG is optimistic and is planning a further increase in annual results for 2025, while demolition work between Hindenburgstrasse and the Abteiberg Museum is scheduled to begin in 2025. In this way, the company wants to provide urban development impulses in Gladbach's city center and develop them accordingly.