Hamburg Introduces 'Hamburg Standard' to Cut Housing Construction Costs by a Third
The new initiative aims to revive the city's stalled housing market by reducing building standards and streamlining processes.
- Hamburg's housing construction has slowed significantly, with only 6,000 units built in 2023 compared to 9,000 in 2022, due to rising costs.
- The 'Hamburg Standard' proposes cost-saving measures like reducing technical and building standards, including fewer requirements for soundproofing and accessibility.
- The initiative, developed by over 200 experts, identifies potential savings of up to €2,000 per square meter, aiming to lower rents to around €12 per square meter.
- Streamlined processes, such as faster permit approvals and simplified planning, are expected to save an additional €400 per square meter.
- Pilot projects across Hamburg will test the proposed measures, which are designed to balance affordability with quality and sustainability.