Schorre Project in Halle Hangs in Balance Amid Funds Concerns and Delays
Concerns are rising over the Schorre project in Halle. Funds and profits seem to be missing, with rumors suggesting the investor might be enjoying the money elsewhere. The building authority is struggling to contact the builder, and the project's future is uncertain.
The Quarterback Immobilien AG's balance sheet does not paint a promising picture for the Schorre site. Meanwhile, the city of Halle has sold building plots with strict completion deadlines, or they revert to the city's ownership. The city also had pre-emption rights in private sales to intervene in contracts.
The Schorre area, once a beloved local spot, now stands as an eyesore construction site. It's not the only project in Halle facing delays or abandonment. Burgstr - corner Rainstr., Kleine Steinstr - corner Brüdestr, and Im Grasehausweg are among other construction projects that seem to be stuck. Despite not being financially troubled, Quarterback Immobilien AG is letting the Schorre construction site lie fallow.
The Schorre project's future hangs in the balance, with concerns about funds, lack of progress, and unresponsive builders. The city of Halle and the Quarterback Immobilien AG need to address these issues promptly to prevent further delays and abandoned projects.
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