Accelerated Start of New LKA Building's Groundbreaking
Get ready to roll, folks! It looks like the new state investigative office in Saxony-Anhalt, known as LKA, might be breaking ground a tad earlier than initially anticipated. A finance ministry rep confirmed a construction start by the end of Q3 2025, pushing back the original schedule of Q2 2026.
But fret not, the goal remains the same – complete construction by 2028. As of now, they've got the binding construction rights in the bag, and the land acquisition by the state-owned real estate bigshots is a done deal. The estimated cost? Oh, a cool several hundred million euros.
What's cookin' at the future LKA location in Barleben, Börde district, you ask? Seven hectares of prime land, just a stone's throw from Magdeburg, is all set to house 20,000 sqm of office space and 3,500 sqm of lab space. With room for over 700 employees, it's gonna be one bustling hub. Just remember, the current LKA is sprawled across various locations in Magdeburg and Schönebeck, Salzlandkreis.
Now, if you've been keeping an ear on the grapevine, you might have heard about other projects popping up in the area – like the A14-Nordverlängerung and various Magdeburg developments. But don't get them confused with our LKA construction. Ain't no asterisks, those are the cold, hard facts!
In light of the timeline adjustments, one might consider investing in Saxony-Anhalt's real estate market, especially with the upcoming LKA construction project. The proposed office and lab space, expected to be operational by 2028, offers a significant financial opportunity for those interested in investing in this sector.