Redevco started construction works of a monumental property in the city centre of Rotterdam aiming to turn it into a modern, mixed-use concept. The building with four main storeys has a special split-level structure creating ten individual floors within. It was originally built in the 1950’s for furniture department store H.H. de Klerk. As of the late 1980’s the asset was occupied by famous bookstore ‘Boekhandel Donner’ which gave the building its name as it thereafter was often referred to as the ‘Donner-building’. It was acquired by Redevco on behalf of one of its investor clients at the end of 2016 with the intention to redevelop the building into an iconic hotspot on the prime retail pitch of Rotterdam.
The architectural plans, created by architects Wessel de Jonge, specialised in post-war, monumental buildings, and Dunnett Craven, a retail specialist, provide for a multi-use of the near to 5,500 sqm of floorspace. By placing escalators outside the structure, the enormous rooftop terrace on the second floor will become directly accessible. This enables dividing the property into retail units on the one hand, to be situated in the basement and on the ground and first floors (3,900 sqm), and F&B on the other hand to be located on the second floor and upper flours (1,500 sqm). Transforming the traditionally single tenant property into a multi-tenant and multi-purpose building, perfectly fits Redevco’s strategy to focus on and to create places that combine a mix of functions: quality destinations where people want to live, work and play.
This project is located on the corner of one of Rotterdam’s busiest retail streets, de Lijnbaan and famous retail square Binnenwegplein, right next to a large-scale mixed-use development scheme FORUM, which also comprises residential units. Amidst renowned brands like Primark, H&M, Zara, Distrikt Norrebro, Ici Paris, and Jack & Jones, the renewed property will offer an attractive home to multiple retailers and restaurants.
The project is being managed by project management agency BBN and contractor J.P. van Eesteren and planned to be finalised in the first quarter of 2021.