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CTP, the Czech owner, developer, and manager of logistics and industrial real estate, has acquired a plot in the Dresden district of Cossebaude for the construction of a modern business park. A brownfield project with approximately 40,000 square meters of commercial space and 10,000 square meters of office space is planned, as seen in a press release dated August 11.
The 96,000 square meter site is also intended to accommodate additional business-related residential spaces and is targeted at companies from the light industrial, technology-oriented manufacturing, pre-production, and traditional
supply sectors – with a focus on the growing semiconductor industry in Dresden. According to CTP, the location borders the federal highway B6, is a few minutes from the A4 motorway, and is well connected by bus and train lines.
“With CTPark Dresden West, CTP fills an urban development gap and breathes new life into a historic area. With ideal conditions for forward-looking industries such as the semiconductor industry, the development brings high-quality and sustainable jobs to a rising district of Dresden. We look forward to bringing the project
to success together with all local partners,” says Mario Göldenitz, Senior Developer and Project Manager at CTP Germany.
The project is being developed on the site of the former VEB Betonleichtbaukombinat Dresden. A listed power station will be restored and converted into a social meeting point for the business district. Sustainability is part of the concept: a photovoltaic system, rainwater collection, wellbeing areas, green spaces, and a DGNB Gold certification are planned.
“Saxony is a growing hotspot for the semiconductor industry – with CTPark Dresden West we are creating
the urgently needed modern spaces for it. As a developer specializing in brownfields, we are pleased to bring a historic industrial site back to life. Our heartfelt thanks go to the planning office and economic development of the city of Dresden as well as the Cossebaude local council for their partnership collaboration,” says Timo Hielscher, Managing Director M&A at CTP Germany.
According to the press release, the next step is the development plan procedure. Construction is scheduled to begin in 2027. The land was brokered by Porzig Immobilien GmbH.
