Cover photo

Berlin industrial live-work towers on the market for €1,700,000

post image

One of my developer friends — who I would say has similar design tastes to my own — once said to me, "If I like it [the design], I often assume that the general public won't." What he was getting at is that architects and designers often appreciate buildings and spaces for different reasons.

For us (if I can say this without the OAA sending me another legal letter), it is often about things like the intellectual rigour behind the work, the "honesty" of the materials, and the greater social and historic context, rather than just "this has nice curb appeal."

So with that, I'm now going to go out on a limb and suggest that these converted industrial towers in former East Berlin fall into the category of "probably not for everyone." Built in the 1950s by the German Democratic Republic (GDR) to process graphite, and later abandoned after the fall of the Berlin Wall, the property was eventually privatized in the 1990s to raise money for the state.

Then, between 2018 and 2021, architecture practice b+ — which has made a name for itself transforming old Brutalist buildings into super cool live-work spaces — reworked the interiors to create a workshop for itself.

post image

The two industrial towers are 37.2 and 42.6 metres tall. And since their volumes reminded architect Arno Brandlhuber of the towers of San Gimignano, that became the project's name. The site area is 960 sqm, the usable floor area is around 300 sqm, and the entire property is for sale for €1,700,000. There's also future development potential!

I personally love the project. If Globizen were to have an office in Berlin, I'd want it to be here. But hey, what do you think?


Photos by Future Documentation

Cover photo

The radical transformation of Greater Paris

Between 2010 and 2025, the Métropole du Grand Paris added nearly 160 kilometres of new or extended transit lines and opened 200 new transit stations across the region. These numbers include all modes of transport, including RER, metro, tram, cable cars, and BRT. On top of this, a further 199 new stations are scheduled to open between 2026 and 2032 (a shorter time period), meaning there's an argument to be made that Paris is getting better and faster at delivering transit.

Imagine that.

post image

This, as we have talked about before, is a remarkable achievement and one that is reshaping the Métropole — particularly outside of Paris proper. Take a look. Here's a recent study and map from Apur that shows how these completed and upcoming lines have impacted, and are expected to impact, transit access in the region:

post image

The coloured areas represent access to transit within a 15-minute walk (assuming you're able to walk at a reasonable 4 km/hr). The lightest blue areas are lines/catchment areas that existed in 2010. The medium blue represents lines/areas that came online between 2010 and 2025. And the darkest blue represents lines/areas that are scheduled to come online between 2026 and 2032.

If you're familiar with Paris, you'll be able to tell that the majority of the recent transit expansion has happened outside of the boundaries of Paris. This is important because prior to 2010, all of Paris was already well-served by transit (seriously, 100% of the population was/is within walking distance of at least one transit line).

However, this is not the case in the rest of the Métropole. In 2010, about 56% of the population (outside of Paris proper) had access to at least one line, with 23% having access to two. As of 2025, this number has increased to 66%. And by 2032, with the opening of the lines currently underway, it is expected that 80% of the population within the entire Métropole will be transit-connected.

post image

It's hard to overstate the importance of these changes. The Paris region has long been criticized for the divide that exists between its historic centre and its surrounding suburbs and cities. Historically, this has been a socio-economic divide, and a built form divide. But this divide is now being erased. New infrastructure is stitching the region together, tightening its geography, and encouraging the development of new economic centres.

Forget the Paris you know. The growth and change are now happening along its edges. Welcome to the new Greater Paris Metropolis.

P.S. To commemorate the 10th anniversary of the Métropole du Grand Paris (created on January 1, 2016), Apur recently published a book called Atlas de la Métropole du Grand Paris. I haven't been able to find a site that will ship to Toronto, but if you're in Paris, you can order or pick one up at the following bookstores.


Cover photo by Ally Griffin on Unsplash

Maps and charts from Apur

Cover photo

Development happens on the margin

Every single real estate development project I have worked on has generally gone something like this:

  • Design the project.

  • Budget the project.

  • Realize: "Oh shit, this is way too expensive and will never work."

  • Cut out some of the parking (a loss leader on most projects).

  • Look for value engineering and other creative opportunities.

  • Repeat the cycle until the project works (hopefully).

This is so typical that if I went through this process and everything just magically worked, I would be immediately suspicious. This can't be. We must be overlooking something! The expectation is that the project isn't going to work until we, as developers, figure out a way to make it work.

This is what we mean around here when we say that "development happens on the margin." Projects are sensitive to even slight changes in market conditions. If rents soften, costs go up, and/or interest rates move in the wrong direction, that could be the end.

Current market conditions have only heightened this dynamic. More than ever, developers need to be both creative problem-solvers and disciplined managers because there's very little elasticity on the revenue side to help cover up any mistakes (if the revenue side even exists at all!).

Development is hard. But working through challenges is a big part of what makes it so rewarding. On that happy note, enjoy the long weekend, everyone.


Cover photo by Shivendu Shukla on Unsplash

Brandon Donnelly

Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.

Subscribe

Support Brandon Donnelly

Support this publication to show you appreciate and believe in them. As their writing reaches more readers, your coins may grow in value.

Top supporters