IN MIDST OF RECESSION, KÖ-BOGEN DÜSSELDORF SECURES FINANCING FOR 2010

In these tough economic times, real estate and construction projects are being put on hold, overhauled, or cancelled all together.  The economy couldn’t derail Daniel Libeskind’s upcoming project, Kö-Bogen, a dynamic new office and retail complex for downtown Düsseldorf, from going forward.  The project officially secured all of its financing this week and is slated to begin construction in January 2010.  Studio Daniel Libeskind and client Die Developer are incredibly excited about the news, especially as so many projects throughout the world are experiencing economic setbacks.

Kö-Bogen is situated along the Köenigsallee Boulevard (nicknamed Kö by the locals) in downtown Düsseldorf and will relate in height and expression, as well as in façade design and material, to the traditionally-aligned buildings of this great urban space.  With its green rooftops, Kö-Bogen will help shape the connection between the Koenigsallee and the Hofgarten, forming one continuous green space from the city center to the Tonhalle and the Rhine.

Please see the developer’s site or Studio Daniel Libeskind’s project page for more information.

CONTACT:     Studio Daniel Libeskind: 
                     Lynn Krogh, Director of Public Relations
                     T: +1 (212) 497-9114; Mobile: +1 (917) 378-9302
                     PublicRelations@daniel-libeskind.com