Dresden is worth it Facts Figures Background about the property location 2017 - Dresden.de

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Dresden is worth it Facts Figures Background about the property location 2017 - Dresden.de
Dresden is worth it
Facts·Figures·Background about the property location 2017
Dresden is worth it Facts Figures Background about the property location 2017 - Dresden.de
Population development and prognosis Dresden
(Source: City of Dresden municipal statistics archives)

                                                    600
Population in thousands
                                                                                                                                                              Prognosis                   582 300
                                                    575                                                                                                                        573 000
                                                                                                                                                                561 600
                                                                                                                                                    553 000
                                                    550
                                                                                                                                         542 289

                                                    525
                                                                                                                               512 702
                                                                                           504 795
                                                    500

                                                          477 807
                                                    475

                                                    450
                                                             1998   2000       2002         2004          2006       2008       2010     2015        2016           2020         2025       2030

Overview of Dresden property market

Property market                                                        Offices and retail property                                           Residential property
                             Overall turnover for Dresden                                            Office space turnover: 78,000 m²                                      Turnover residential and part-residential property: €667 million
                             property market: €2,1 bn                                                Prime office rents: 12 €/m²                                           Turnover single family homes and double-family houses: €125 million
                             Number of properties changing                                           Prime retail rents: 110 €/m²                                          Residential and part-residential property: turnover €664 million
                             hands in all: 6 100                                                                                                                           Rents without service costs: 3,50 to 8,50 €/m² *

Source: Evaluation Committee Dresden, 2017
* rent index Dresden 2017

Contents                      1        Greetings from the Lord Mayor                                                                                Links            dresden.de/exporeal
                     2 – 3             Dresden is worth it                                                                                                           dresden.de/invest
                                       Facts.Figures.Background about the property location 2017                                                                     dresden.de/wohnen
                     4 – 5             Dresden – Desirable                                                                                                           dresden.de/verkehr
                     6 – 7             Dresden – Rewarding                                                                                                           sib.sachsen.de
                     8 – 9             Dresden – Worthwhile                                                                                                          zfm.sachsen.de
                     10 – 11           Dresden – Worth knowing
                     12 – 13           Dresden – Liveable
                     14 – 15           Dresden – Lovable
                            16         Dresden – Homely
                     Supplement Current real-estate projects in the city of Dresden
Dresden is worth it Facts Figures Background about the property location 2017 - Dresden.de
On the way to the city
of the future Dresden
                                                                                                                                                        Dirk Hilbert, Lord Mayor Dirk Hilbert

Dresden is continuing to write its own success story. The tobacco          record levels. Thanks to the strong influx of people, the demand for         tion for the title of „European Capital of Culture 2025“ is already en-
company Philip Morris, which has been based in Dresden for more            residential and working space is constantly growing.                         riching social and civic development.
than 25 years, is building a new high-tech factory for about 300 mil-
lion Euro. The chip manufacturer Globalfoundries is investing 1.5 bil-     Dresden can already offer good infrastructure and a beautiful living         Positive economic development, sustained population growth and
lion Euro in the location. And the technology group Bosch is putting       environment. Nevertheless, we want to make living in our city even           rising purchasing power make the city attractive for investors. To
one billion Euro into a new semi-conductor factory in Dresden, the         more enjoyable. For us, a Smart City means not only mobility, cli-           enable growth to continue in the future, we are developing new
largest single investment in the company’s history.                        mate protection and energy efficiency, but also future-oriented              commercial areas. For example, the science location Dresden East
                                                                           housing construction. We make sure that all areas are looked after. In ad-   is being developed on grounds covering 100 hectares. Close to the
The city is growing, the economy is booming, science and research          dition to owner-occupied apartments and high-priced new buildings,           city centre, this will be an innovation centre for scientific institutes,
are excellent, art and culture are providing an important stimulus.        we also need social housing. With one eye on the future, we there-           technology companies and research-oriented service providers.
The unemployment rate is at its lowest level and new jobs are conti-       fore pay attention to a sensible use of available land in the city cen-
nuously being created. The „Prognosis Future Atlas 2016“ confirms          tre. An excellent example is the Lingnerstadt project. A completely          I invite you to explore the innovative business and science sectors, as
that Dresden displays very high dynamism in its overall develop-           new urban district is being created right in the heart of Dresden.           well as the dynamic real estate market. Feel the special atmosphere
ment. This is due not only to the establishment of large companies,                                                                                     permeating life and work – in the pages of this brochure and also
but also to the many investments in science, research and culture, as      We want to shape the future of our city together and develop a new           gladly on the spot in Dresden.
well as in the building of schools and day care facilities for children.   city culture. The aim is to design a holistic and sustainable vision for
                                                                           Dresden in cooperation with citizens, science, local politics, business
The number of inhabitants is heading towards the 600,000 mark.             and administration. This is to be implemented within the framework
The housing industry is flourishing. In 2016, 2,600 new apartments         of the competition sponsored by the Federal Research Ministry,
were built, 1,000 more than in the previous year. About 20,000 addi-       „City of the Future 2030+“, on the basis of specific projects. Dresden
tional apartments are expected to be needed by 2030. Rents are in-         is a cultural city. And culture also means engaging with each other          Dirk Hilbert
creasing. The sale of real estate and residential property is reaching     in dialogue and jointly shaping life together in the city. Our applica-      Lord Mayor of the City of Dresden
Dresden is worth it Facts Figures Background about the property location 2017 - Dresden.de
Dresden is worth it
Facts·Figures·Background           Development of the number of the working population at the place of work
                                   Source: Saxon Statistical Office, 2016

about the property location 2017   Working population

                                                                     284 600      303 300      308 400      319 400       328 000         Mio

                                                                      2005         2008         2011          2014         2030*

                                                                        * Prognosis Urban Planning Authority - own estimates, 2016

                                   Price comparison individual residential construction
                                   Source: Evaluation Committee Dresden, 2017

                                                                    Semi-detached house + terraced house New building

                                                                    Single-family homes                      Location                €K                       €/m2
                                                                                                                                     Average purchase price   Purchase price range
                                                                    Detached                                 Good                    525                      2 715 – 4 100
                                                                                                             Mid-range               475                      2 625 – 4 075
                                                                    Semi-detached                            All                     390                      2 615 – 3 240
                                                                    End-terrace house                        All                     355                      2 295 – 2 890
                                                                    Mid-terrace house                        All                     335                      2 130 – 2 870

                                                                    Semi-detached house + terraced house Portfolio before 2015

                                                                    Single-familiy homes                     Location                €K                       €/m2
                                                                                                                                     Average purchase price   Purchase price range
                                                                    Detached                                 Very good               455                      1 675 – 5 385
                                                                                                             Good                    340                        745 – 4 755
                                                                                                             Mid-range               255                        320 – 3 590
                                                                    Semi-detached                            Good                    275                      1 300 – 5 540
                                                                                                             Mid-range               230                      1 100 – 3 350
                                                                    End-terrace house                        Good                    270                      1 915 – 2 940
                                                                                                             Mid-range               250                        845 – 2 765
                                                                    Mid-terrace house                        Good                    265                      1 755 – 4 445
                                                                                                             Mid-range               195                        795 – 3 000

2
Dresden is worth it Facts Figures Background about the property location 2017 - Dresden.de
Sales development of undeveloped properties ready for construction                                                                Medium property prices
Source: Evaluation Committee Dresden, 2017                                                                                        Source: Evaluation Committee Dresden, 2017

Properties
undeveloped ready for construction                                                                                                for single-family homes

                                     588      529       485       403             385      304        Purchase

                                       91      75        147       107            182       104       million        ––                                                138     150    148    169    192    228    per m2

                                     2011     2012      2013      2014        2015         2016                                                                        2011    2012   2013   2014   2015   2016

Sales development with residential property
Source: Evaluation Committee Dresden, 2017

Residential property                                                                                                              for apartment-blocks

                                     4 312    3 545     3 269     3 998      3 777        4 068       Purchase

                                      418     449        434       552            601       634           million                                                      236     293    249    298    318    396    per m2

                                     2011     2012      2013      2014        2015         2016                                                                        2011    2012   2013   2014   2015   2016

Purchase prices for living spaces at first sale
Source: Evaluation Committee Dresden, 2017

                                                      Period building
New build                                             renovated                                                                   for industry

                  3 285     2 950     3 415                               3 850         3 820     3 045             Ave. per m2                                        111     95     111    102    92     98     per m2

 Location         good mid-range basic                 Location           good mid-range basic                                                                         2011    2012   2013   2014   2015   2016

                                                                                                                                                                                                                           3
Dresden is worth it Facts Figures Background about the property location 2017 - Dresden.de
Dresden –
                                                                                              Desirable

Freiberger Platz after its refurbishment                                                                                                                       Joint building venture Menageriegärten

Dresden promises a lot –                                                             More inhabitants                                                          Land and residential property
Dresden keeps a lot                                                                  bring dynamism                                                            are in demand

An exciting property market has emerged in Dresden because the                       The dynamism in all sectors of the real estate market is growing in pa-   With a total of 2.1 billion Euro, the turnover of land and residential
demand for residential and working areas is constantly increasing.                   rallel with the increase in the number of inhabitants and households      properties was even higher than in the boom year of 2006 with 1.74
The state capital provides diverse employment opportunities in all                   in Dresden. The gross domestic product is continuously rising. The        billion Euro. That is the best result of the millennium. Because there
sectors – from science to industry, from culture to tourism, and also                „Prognosis Future Atlas 2016”* confirms that Dresden demon-               is no sure alternative to residential property as an investment mod-
in politics and administration as the location of the Saxon minis-                   strates a very high level of dynamism in its overall development.         el. In 2016, the financial turnover in residential and part-ownership
tries. The chances for graduates to find secure employment here                      According to a current study by the business consultancy compa-           properties rose for the seventh time in a row. With 664 million Euro
are excellent. The increasing attractiveness of the city centre and of               ny „Ernst & Young”**, which surveyed Germany’s largest banks,             (2015: 558 million Euro), it is the highest value so far. About 125
housing supply, of innovation and knowledge transfer from the uni-                   funds and housing associations, Dresden has advanced to place four        million Euro (2015: 114 million Euro) was spent on single-family and
versity, as well as from other scientific establishments and institu-                within the top 7 locations. Berlin remains the favourite as a location    double-family houses. The rising demand has meant that even in
tions in the private sector, continue to generate an influx of people                for residential properties. The unemployment rate in Dresden is at        the city centre previously unused land is undergoing development,
and a good atmosphere for starting families.                                         an all-time low and new jobs are being created every year.                including the Lingnerstadt at the Grosser Garten, the Herzogin Gar-
                                                                                                                                                               ten at the Zwinger, Postplatz and Wallstrasse.

Sources for figures quoted: Evaluation Committee Dresden, 2017
* „Future Atlas“ Prognos AG 2 ** Ernst & Young Trend barometer Immobilien-Investmentmarkt Deutschland *** rent index Dresden 2017

4
Dresden is worth it Facts Figures Background about the property location 2017 - Dresden.de
„The remarkable thing about Dresden is the understated link between the historical and
                                                                                                                               the modern. To quote the words of Johann Winkelmann ‘Dresden – beauty was
                                                                                                                               invented here’, visitors are always fascinated
                                                                                                                               at how space and landscape combine our large city with the natural riverbanks, the
                                                                                                                               meadows and the woods. Princely elegance, scientific activity, modern buildings and the
                                                                                                                               Elbe, with its tranquillity and strength, create an atmosphere of lightness, creativity and
                                                                                                                               freedom.
                                                                                                                               This is the mix on which sustainable, continuous and healthy growth for our city rests
                                                                                                                               and which also promises attractive real estate opportunities for the future.“
Karl-Heinz Weiss, Chairman of the IVD (German Rela Estate Association) - Region East-Central e. V.

Housing rents have increased                                                             Office space is becoming scarcer                                                 30 percent of the daily expenditure of tourists flows into the retail
                                                                                                                                                                          sector. The sales area in the city centre covers about 220,000 m².
Anybody who has taken advantage of the opportunity to build                              With 78,000 m² of leased office space, the result of 2015 under-                 A moderate growth is expected as a result of current projects.
or to acquire residential property in Dresden has made a profit-                         achieved by 14 per cent. By means of effective market activity in
able investment. As a result of upward demand, it is not only in the                     the sales-relevant sectors, it was possible to reduce the vacancy rate
prime locations that rents have increased. At the same time, the                         even further.
apartment vacancy rate has declined steadily. At the moment, it is at                    At the end of 2016, the vacancy rate was at 8.8 percent. The top of-
6.4 percent. Certain residential areas are in such strong demand                         fice rent dropped slightly to twelve Euro per m². This means that, in
that hardly any free apartments are available there. There are still                     terms of the national comparison of metropolitan centres, offices in
some free apartments available in the large housing estates on the                       Dresden remain relatively reasonable and attractive for companies
outskirts of the city. The offer has also diminished here, as the own-                   wishing to relocate. Moreover, the demand by investors for new of-
ers have invested in modern comfort, needs-based dismantling or                          fice properties is an area of focus.
conversion and an attractive environment. Depending on the lo-
cation, an apartment can be rented in Dresden for a minimum of
3.50 Euro per m² up to a maximum of 8.50 Euro per m²***. Major                           Top retail location
investors, pension funds and insurance companies have recognised
the favourable conditions in Dresden and have intensified their buil-                    A similar picture can be seen in the retail sector. In 2016, the top
ding activities. On the basis of the growth prognosis of the popula-                     retail rent was at 110 Euro per m². In comparison with other metro-
tion trend, many new apartments will be needed every year in the                         politan areas in Germany, Dresden is a leader in terms of purchasing
future. The city of Dresden is constantly developing solutions as to                     power and centrality indicators. This is a guarantee for high and
how these complex requirements can be met.                                               constantly growing top rents. Dresden is therefore still one of the
                                                                                         most interesting retail locations and remains in the sights of the
                                                                                         expansion developers from many brand name companies. Almost
                                                                                                                                  Reconstructed theatre ruins St. Pauli
Dresden is worth it Facts Figures Background about the property location 2017 - Dresden.de
Dresden –                                                                                                                                              „Dresden is Europe’s largest microelectronic cluster and one
                                                                                                                                                       of the most innovative ICT clusters in the world. Our strong
                                                                                                                                                       hardware skills are supplemented by enormous expertise in
Rewarding                                                                                                                                              the areas of software and mobile communications. The smart
                                                                                                                                                       systems hub provides the basis technologies with which we can
                                                                                                                                                       supply industry-specific solutions for the Internet of Things
                                                                                                                                                       from Dresden. Dresden is booming as an industrial location.
                                                                                                                                                       Companies such as Samsung, Bosch, Global Foundries and
                                                                                                                                                       Volkswagen are investing in Dresden, expanding their facto-
                                                                                                                                                       ries or building new ones. At the same time, we are developing
                                                                                                                                                       new commercial premises in order to continue enabling innova-
                                                                                                                                                       tion and growth. Dresden therefore offers optimum conditions
                                                                                                                                                       for locating and investments.“
                                                                          Dr. Robert Franke, Director of the Office for Economic Development Dresden

The great investments in the economy and the real estate market in        which supplement the contents of the research program and take
Dresden, which began shortly after the Reunification of Germany in        into account the special capabilities of the colleges in this field. All
1990, appeared to have been over for some time. Today, a new sec-         the results will be collected in a central pool. About 2,000 scientists
ond wave is quite clearly in evidence here. In the majority of cases,     will be working together on this program.
it can be seen in the significant investments in Dresden as a location
for microelectronics, research and university.
                                                                          Bosch and Philip Morris are coming
„Research Factory Microelectronics
                                                                          The technology concern Bosch will be investing no less than a billion
Germany“                                                                  Euro in a new factory for semi-conductor technology in Dresden. In
                                                                          close cooperation with the locally and regionally based semi-con-
The new investment program of the Federal Ministry for Education          ductor companies and suppliers, Germany and Europe as a location
and Research is called „Research Factory Microelectronics Germa-          will thereby be strengthened on the international stage far beyond
ny“. In order to acquire more weight internationally as a micro-          Dresden.
electronics location, Germany is pooling its research capabilities
and investing a total of 400 million Euro. This is the largest sum for    The city has been known for excellent tobacco manufacturing for
research in the field of microelectronics since Reunification. Of this,   more than one hundred years. Now, Philip Morris is going to estab-
more than 100 million Euro of the future-oriented program is going        lish a new high-tech factory here with an investment volume of
to four participating Fraunhofer Institutes in Saxony.                    290 million Euro, thereby creating many new jobs. The broad mix of
                                                                          sectors, as well as the technological and scientific skills, were decid-
In the first phase, a total of 13 non-university research institutes      ing to locate here.
will be equipped with the most up-to-date devices and equipment.
For this, they will receive 350 million Euro. From 2018 onwards,
a further 50 million Euro will be diverted into those investments

6
Dresden is worth it Facts Figures Background about the property location 2017 - Dresden.de
Planning for the National Centre for Tumour Diseases in Dresden Johannstadt   Heliatek: equipment for the manufacture of solar foils

           Globalfoundries is expanding its location in                                  NXP, SATM, SAP, ABB, Volvo, Ericsson and leading research institutes      The Science Centre in Johannstadt
           Dresden with 1.5 billion Euro                                                 such as the Karlsruhe Institute for Technology and the Fraunhofer
                                                                                         Gesellschaft Dresden are also involved in this project. The partners
                                                                                                                                                                   is growing
                                                                                         are jointly developing a user platform across value chains and sec-
           The current expansion of the capacities of Globalfoundries, which has         tors, which supports the digital networking of companies, machines        Numerous institutes with various research priorities all focussing on
           today about 3,400 employees in Dresden, is aimed at increasing its pro-       and products. The project „Productive 4.0“ is part of the European        human health are concentrated in the Dresden district of Johann-
           duction capacity by 40 percent to about one million wafers per year.          subsidy program ECSEL and will last until April 2020.                     stadt, in the immediate vicinity of the Carl Gustav Carus Univer-
           The intention is to successfully position the innovative power-saving                                                                                   sity Hospital. The new Centre for Systems Biology of the Max Planck
           technology „22FDX“ in the world market. This technology is used prin-                                                                                   Society in Dresden was opened this year at the end of May. In a
           cipally in the areas of the Internet of Things, the automotive industry       Samsung SOI is investing 25 million                                       light-flooded cube, about 100 international geneticists, biologists,
           and mobile communications. At the same time, Dresden has received                                                                                       physicists and other researchers are trying to explore exactly what
           approval for the production of the next technology level, „12FDX“, so-        Samsung SOI, as the parent company of the Dresden OLED manu-              is happening in the world of covalent bonds. The new building has
           mething that will bring further investments to the region.                    facturer Novaled, is investing about 25 million Euro in a new techni-     seen investment of 26 million Euro.
                                                                                         cal centre in Dresden. On a piece of land one hectare in size in the
                                                                                         north of Dresden, the Alte Mühle – which is a listed building – will be   By 2019, a building for the National Centre for Tumour Diseases
           Infineon is starting the research project                                     refurbished and converted into an attractive office complex by the        (NCT) will have been built directly on the campus of the Carl Gustav
                                                                                         middle of 2018. Additionally, a new 110-meter long technical centre       Carus University Hospital of the Technical University Dresden be-
           „Productive 4.0“                                                              with a state-of-the-art research area, clean rooms and laboratories       tween the Medical Clinic I and the Diagnostic-Internal-Neurological
                                                                                         will be built. On an area of about 6,000 square meters, materials for     Centre buildings. On four floors of the research building, which cost
           „Productive 4.0“ is regarded as the largest European research initia-         premium OLEDs and organic electronics will be developed here in           22 million Euro, about 200 scientists and doctors will be working
           tive in the area of Industry 4.0 to date. Under the coordination of In-       the future – something that has happened so far only in Dresden.          on the development of innovative therapies against cancer and on
           fineon Technologies AG, more than 100 partners from 19 European               This means that Dresden expertise can be found in most smart-             ways to make them usable for the general public.
           countries are working on the digitalisation and networking of the             phones and tablets.
           industry. Partner companies such as BMW, Bosch, Philips, Thales,

Production at Infineon: Amor 3 Robot
                                                                                                                                                                                                                                      7
Dresden is worth it Facts Figures Background about the property location 2017 - Dresden.de
Dresden –
                                                                                                                                                                              Worthwhile

Visualisation of the City Tram 2020 along Zellescher Weg

The whole is more than the sum                                                  ing for the title of „European Capital of Culture 2025“. A new cultural        Dresden wants to become a city
                                                                                centre for the city is located in the „Kraftwerk Mitte“. After extensive re-
of its parts                                                                    furbishment of this impressive industrial landmark, the two city cultural
                                                                                                                                                               of the future
                                                                                institutions of the Staatsoperette and the tjg. theater junge generation,
Preparing a city such as Dresden for its future means considering               as well as many other organisations in the creative industries, have al-       Within the framework of the project „City of the Future 2030+”,
all aspects and coordinating their development with one another.                ready found a new domain here. More will follow. With the re-opening           Dresden is developing a vision of life from 2030 onwards. The proj-
Within the framework of the so-called Integrated City Development               of the refurbished Kulturpalast, Dresden completed two large cultural          ect was set up by the Federal Ministry for Education and Research.
Plan (INSEK), Dresden has done just that. This stipulates the subject           and construction projects within half a year – on time and without any         Dresden applied and, in addition to 50 other cities, received a sub-
areas and how and in which timeframe the city will be developed.                explosion of costs.                                                            sidy for the first phase in 2015/16, with the aim of gathering diverse
                                                                                                                                                               ideas for the development of the collaborative vision. In the current
The upgrading of infrastructure and the ongoing provision of new                                                                                               second phase, „Open City”, concrete plans for these ideas are being
commercial development areas is a part of this. Dresden is excep-                                                                                              worked out within diverse project groups, which will then be imple-
tionally successful as an academic and scientific location. A focal                                                                                            mented in a third step. In collaboration with citizens, the scientific
point here is on targeted investments in the campus of the Technical                                                                                           community, local politics, the city authorities and business interests,
University Dresden as well as in the Science Centre East in Dresden-                                                                                           sustainable solutions are being sought to climate adaptation, the
Reick. Needs-oriented and sustainable housing, an attractive resi-                                                                                             energy revolution, secure jobs, affordable housing, sustainable mo-
dential environment, environmental friendliness and an effective                                                                                               bility, immigration and demographic change. The prerequisites for
infrastructure network ensure that all the inhabitants of Dresden                                                                                              this are already there – a good climate for start-ups and spin-offs,
feel happy and comfortable in their own city. On the topic of re-                                                                                              excellent infrastructure, and an appealing property market. Dresden
source protection, the INSEK specifies measures for flood control                                                                                              displays a unique combination of entrepreneurial spirit and employ-
and for the implementation of energy and climate targets in Dres-                                                                                              ment, trade, art and culture, as well as proximity to nature. This is
den.                                                                                                                                                           what accounts for its high quality of life. In this cosmopolitan city,
                                                                                                                                                               on the banks of the Elbe river, among cultural monuments and a
Not least, Dresden is a city of culture. For this reason, Dresden is contend-                                                                                  vibrant lifestyle, you can simply breathe more freely.
                                                                                Kraftwerk Mitte

8
„Dresden already has an excellent infrastructure with
 regard to logistics and mobility. At the Dresdner Ver-
   kehrsbetriebe (Dresden Public Transport Company),
 and in cooperation with the science community and the
  city authorities, we take care of intelligent traffic light
   signals as well as environmentally friendly, innovative
    traffic for future generations. And always, of course,
     of customer-friendly and attractive connections with
 our buses and trams. Good for the people of Dresden,
                   tourists, business people and investors.“
                                                                          Lars Seiffert, Dresdner Verkehrsbetriebe AG - Board of Operations and Personnel                   Framework plan of the Science Centre Dresden East in Dresden-Reick

Smart City Dresden                                                        Well connected – City Tram concept 2020                                           Science Centre Dresden East
The integration of communication and information technology – as          Anybody who wants a city to experience positive development in                    A new innovation location, in the immediate vicinity of the Dresden
well as other technologies – for the support of urban organisation        all its aspects has to ensure that people can travel quickly and reli-            Fraunhofer Institute Centre on Winterbergstrasse and near to the
and development lies at the very core of transforming Dresden into        ably from one place to another. The Dresdner Verkehrsbetriebe are                 city centre, will be built on grounds covering an area of about 100
a smart city. Good networking is the prerequisite for the positive        receiving top marks for their services even now. For example, city                hectares. A sustainable and high-quality site for science, research
development of the location and pays dividends in the form of a           buses and trams run around the clock. Some routes need to be ex-                  and science-related businesses will be created here with the aim
high quality of life. Actors in the field of microelectronics are im-     panded, since demand has increased in these areas in recent years.                of working in a manner that is highly energy-efficient and resource-
portant partners in this regard. For example, the operative traffic       In the near future, new rapid tram lines will be constructed in place             conserving. The specific intent is to have scientific institutes, tech-
management system VAMOS has already been initiated. This sys-             of the existing bus routes between the districts of Löbtau, Südvor-               nology-savvy companies and research-oriented service providers lo-
tem connects the traffic detectors available in the region as well        stadt and Strehlen. In future, it will be easier to travel to important           cate here from 2018 onwards. Moreover, areas will be available for
as the various traffic control and traffic guidance systems of both       destinations such as the TU Dresden. The extension of Strehlen Sta-               pilot projects and start-ups. Existing social facilities will remain and,
the urban road network and the motorways. The core of the sys-            tion will mean a better connection between suburban trains and                    along with planned green spaces, will complement the range of the
tem is Dresden’s Traffic Data Centre, which is located in the TU          trams. Reliable trams instead of buses – that is also an investment               potential uses for the area. The Science Centre Dresden East is one
Dresden. On the one hand, the VAMOS system manages various                in greater environmental friendliness. In parallel with these plans,              of the pilot projects for the smart city Dresden.
traffic control systems fully automatically on the basis of the report-   the footpath and bicycle network in Dresden will be expanded.
ed traffic situation. On the other, as a content provider, VAMOS
supplies information for information and assistance services. In
addition, the crowd-based road condition assessment service
CyFace, secure communication via DE-Mail, smart parking, and the
formulation of solutions for driverless cars are also on the agenda.

                                                                                                                                                                                                                                          9
Dresden –
                                                                                                                                                      Worth knowing

                                                                            „Dresden provides a lot of room for excellent development in
                                                                            studies, science and business. You can live innovations here
                                                                            and play a part in shaping the future of the city.“
Prof. Hans Müller-Steinhagen, Rector of the TU Dresden

University of Excellence with a long tradition                              sectioned units, will be then available to the start-up teams on five
                                                                            floors covering 6,500 square meters. The first tenants will be able to
About 36,000 predominantly young people from all over the world             move in beginning in April 2018.
study at the TU Dresden, supervised by some 525 professors. It is
one of Germany’s eleven Universities of Excellence. With a long tra-
dition as a top university, it is rooted in a region which has been         Focus on campus development
attracting the best and producing leading figures for centuries. The
TU Dresden participates in both lines of funding – with cluster appli-      The developments for the area around the TU Dresden in the Süd-
cations and for the title of University of Excellence. In this regard, it   vorstadt district of Dresden will be presented in the so-called „Cam-
counts on its strengths and the attractiveness of the region of Dres-       pus Framework Plan“ under the title „Südvorstadt Dresden – Edu-
den – quality, interdisciplinarity, holism and interaction. Hardly any      cation and City in Dialogue“. The contents include new buildings on
other German university can boast of such a comprehensive range             the “technology mile“ of Nöthnitzer Strasse and extensive projects
of opportunities for study and research as the TU Dresden: engineer-        for student accommodation. In addition to the plans, heavy invest-
ing, mathematics and the sciences, humanities and medicine – every-         ment is already being made. 35 million Euro will be poured into the
thing on one single campus. The title of University of Excellence is        modernisation of the Barkhausen Building by 2018. The new buil-
strongly connected with the structural renovation and extension of          ding for the Institute for Applied Photophysics is taking shape on
the campus in the Südvorstadt district of Dresden.                          Nöthnitzer Strasse and new student accommodation is being built
                                                                            on Reichenbachstrasse. The program „City Tram 2020“ is concerned
The Free State of Saxony will invest about 50 million Euro in up-           with optimising the accessibility of university facilities using public
grading the facilities of the TU Dresden until the end of 2017. A           transport.
long-established, former factory site on Zwickauer Strasse – the
„Universelle Werke” – is being rebuilt and converted into a inno-
vation centre with a technical centre for, among others, the indus-         Science is international
trial partners of the Institute for Air and Cooling Technology (ILK) of
the TU Dresden, as well as into a start-up centre for spin-offs. Both       Internationality in thought and action is crucial for TU Dresden in
large areas, which have an industrial loft character, as well as small-     the worldwide competition for students and scientists. It sees main-

10
Framework plan of the TU Dresden

taining teaching and research at the highest international level and     Partner for the network between
its further development as an important task for the future. The aim
of the internationalization strategy „TU Dresden – Connected with
                                                                         research and industry
the World“ is to further promote this development.
                                                                         The DRESDEN-concept is an expression of special networking. The
                                                                         TU Dresden association, with its strong partners from science and
A unique density and variety of science,                                 culture, is about making the excellence of Dresden‘s research vis-
                                                                         ible. The partners in DRESDEN-concept develop and use synergies
research and institutes                                                  between research, education, infrastructure and administration.
                                                                         They coordinate their scientific strategy and identify the areas in
Whether Max Planck, Helmholtz or Leibniz – the major institutes          which Dresden is a world leader. Together, they are developing a
are all present in Dresden with several facilities. Moreover, Dresden    strategy to gain the world‘s leading scientists for Dresden.
contains the most Fraunhofer Institutes of any city in Germany. It is
the research institutes, in particular, which are driving forward ur-
ban development with numerous new construction projects. For ex-         Infrastructure that promotes cooperation
ample, a new Centre for Systems Biology Dresden of the Max Planck
Society was built in the Dresden district of Johannstadt. The Fraun-     Another reason that makes Dresden attractive as a science location
hofer Institute Centre in Dresden-Gruna has recently opened the          is that the university, colleges, research institutes and research com-
Reset department of the institute. A journey along the „technology       panies are distributed all over the city and are nevertheless easily
mile“ on Nöthnitzer Strasse on the TU Dresden campus shows that          reachable. Short routes via a very good infrastructure simplify ex-
investment has also been made in the modern and architecturally          change and cooperation.
successful construction „shell“.

Students of the TU Dresden on seating elements made of carbon concrete                                                                        11
Dresden –
                                                                                         Liveable

Children and their parents feel happy in Dresden                                                                                                   Beer garden at the Blue Wonder Bridge

Growth as a result of influx                                           In order to meet the high demand for affordable rented apartments,          use the efficient infrastructure of the public transport system at all
and high birth rate                                                    the city is currently looking at various models, including the estab-
                                                                       lishment of a new municipal housing association. An enterprise of
                                                                                                                                                   times, perhaps even to have an apartment with a view of the Elbe riv-
                                                                                                                                                   erbanks – this is possible in Dresden and, in comparison with other
                                                                       this sort can be based on the Saxon „Support for the Creation of            large cities in Germany, is also quite affordable. A completely new
It’s a simple calculation – more people in the city means greater      Rent-controlled and Occupancy-controlled Housing“. The support              district – the Lingnerstadt – is going to be built right in the heart of
demand for suitable housing. For some years now, Dresden has re-       program is also available to other developers who might wish to             the city in the next few years. A large variety of apartments, leisure
corded a growing influx of people – about 5,800 inhabitants per year   create low-cost housing in Dresden. If interested, the offices of the       facilities and commercial premises (see page 16) will be built be-
– and a birth rate which ranks top in terms of the national average.   city administration will be glad to help.                                   tween the German Hygiene Museum and St. Petersburger Strasse.
At the end of 2016, 553,000 people were living in Dresden – that
is 17 percent more than 17 years ago. By 2030, it is expected to be
about 582,000. The attractiveness of the city, the diverse study and   More than the highlights                                                    Quiet, green and easily reachable
employment opportunities and the high quality of housing have be-
come well known. Dresden is expecting stable growth in the future.     The first thing anybody who comes to Dresden will certainly do is visit     Anybody who prefers peace and quiet has a lot to choose from. Wheth-
                                                                       the famous sights in the city centre, stroll among the Baroque buil-        er in Striesen or Blasewitz, in Löbtau or in Südvorstadt – smaller
                                                                       dings, the Semperoper and the Frauenkirche, go for a walk through           residential units in casual development convey an individual, warm
Housing construction is a constant attraction                          the Zwinger, across the Altmarkt Old Market Square or down Prager           residential feeling right in the heart of the city. Dresden‘s many river
                                                                       Strasse, admire the paddle steamers lying at anchor and the broad           slopes are particularly beautiful, stretching from Loschwitz, which
The investors were not long in coming. They recognised the trend       banks of the Elbe River from Brühl’s Terrace. A second glance will          overlooks the Blue Wonder bridge, to Weisser Hirsch with its won-
and started building in Dresden. A total of 2,597 apartments in        reveal Dresden‘s very special treasure – its beautiful residential areas.   derful villas and to Plauen near the university.
2016 alone! Which is five times more than in 2010. This led to a
corresponding decrease in vacancy rates and a rise in housing rents.                                                                               Who will not be enthralled by a view of the city from the living-room
By 2030, it is expected that Dresden will need about 20,000 addi-      Residential areas you can fall in love with                                 balcony? You need only go for a walk around the popular district of
tional apartments. The housing cooperatives are another important                                                                                  Striesen to come across a large number of new construction projects,
player. They manage about 20 percent of the properties in Dresden      The optimum living conditions can be found right in the city cen-           mostly for exclusive living right in the heart of this villa quarter. For
and are themselves heavily involved in modernisation and the con-      tre, around the Altmarkt, for example. Being able to go everywhere          example, about 200 new apartments with a total of 16,400 square
struction of new buildings.                                            on foot, to walk home in the evening after attending a concert, to          meters of residential area, parking spaces and attractive outdoor fa-

12
„The building culture of a city is measured not only by
    prestige projects but also by its ‘everyday architecture’,
     the buildings in which the inhabitants live and work.
      Dresden has a long tradition in this area, something
           that should be recalled now in times of growth.
      I hope that the debate will engage the whole city and
   lead to new standards in housing construction that will
                  provide answers to the current needs and
                                  challenges of our society.“
                                                                           Prof. Angela Mensing de Jong, Chair of Design and Town Planning                  Garden city of Hellerau: terraced houses
                                                                           at Dresden University of Applied Sciences (HTW)

cilities will be built on Schandauer Strasse in the heart of Striesen by   relax in a café or a beer garden with a view of the river Elbe.            Sport and leisure
the beginning of 2019.
                                                                           Pedestrians and cyclists use the Elbe cycle path, stretching from the      In their leisure time, the people of Dresden can avail of a wide range
                                                                           harbour through the city centre to Pillnitz Castle. Both locals and        of sports grounds and sports facilities, including, for example, the
Between the banks of the Elbe and vineyards                                visitors to the city travel to the hills of Loschwitz and Wachwitz using   recently built grounds in the Ostragehege, of art and culture, of the
                                                                           the funicular or suspension railways, unique monuments of the art          most varied trade fairs, or of day-trips to the Grosser Garten and to
From rustic half-timbered houses to elegant villas, Dresden has a          of engineering. This is where the first vineyards in one of the north-     the Elbe river meadows.
wide range of residential opportunities. Historically, Dresden is          ernmost wine-growing regions in Germany begin.
the result of a merger of many small villages into a city. The for-                                                                                   Last but not least, the diverse regions around Dresden deserve to be
mer village centres are still visible almost everywhere and con-                                                                                      explored. Whether Saxon Switzerland or the Ore Mountains, Upper
vey a very special charm, for example, the district of Strehlen                                                                                       Lusatia or the Tharandt Forest, nearby towns and idyllic villages – it
with its Wasaplatz. The area around the Blue Wonder bridge is                                                                                         would take a lifetime to explore these endless treasures.
extremely lively and popular. People work here, go shopping,

Elbe cycle path at Pillnitz                                                Dresden Striezel Market                                                    Elbe Sandstone Mountains

                                                                                                                                                                                                                          13
Dresden –
                                                                                                                                                                 „With the old-new ‘Kulti’ – as the people of
                                                                                                                                                                 Dresden affectionately call it – the state capital is
                                                                                                                                                                 getting back its cultural focal point. That the music
Loveable                                                                                                                                                         city of Dresden thereby has for the first time an
                                                                                                                                                                 internationally competitive concert hall and the
                                                                                                                                                                 Dresden Philharmonic finally has a home of its
                                                                                                                                                                 own and that we are united with the city central
                                                                                                                                                                 library here under one roof fills me with pride and
                                                                                                                                                                 joy. As an artistic director, as a citizen of Dresden
                                                                                                                                                                 and as the mother of three children, I am delighted
                                                                                                                                                                 that the city has made an impressive commitment to
                                                                                                                                                                 education and culture in a central location –
                                                                                                                                                                 cosmopolitan and future-oriented!“
                                                        Frauke Roth, Artistic Director of the Dresden Philharmonic

A good attitude to life                                                        Shopping for all tastes                                                   meters of retail space per inhabitant. According to INSEK, there are
                                                                                                                                                         two important initiatives for the future. On the one hand, this is the
The cities of the future are concerned not only to have new busi-              From Wiener Platz to Prager Strasse and to the Altmarkt, further          targeted further development of the offers in the city centre. On the
nesses opening in their centres but also to have people living there.          on to the Neumarkt and then over the Elbe river into the beautiful        other hand, all eleven central urban districts and the 24 suburban
This is the conclusion of the first stage of the project „Future City          Baroque quarter with its designer stores, across Hauptstrasse and         centres should also be further developed for local supply. Of impor-
Dresden 2030+“, which is now in phase two. The citizens and their              to the trendy shops of the Äussere Neustadt – Dresden offers you          tant interest here is to maintain the growing, small-scale commer-
visions for the future are in demand here.                                     excellent opportunities for shopping. International brands alternate      cial structures.
                                                                               with regional suppliers. And there are plenty of pleasant spots along
                                                                               the way where you can take a rest and recharge your batteries. In
                                                                               the meantime, investors are increasingly concentrating with new           The romance of a river
Pleasure in the city centre                                                    shopping centres on the city districts, thereby bringing a greater
                                                                               quality of life to the whole city, something that is also a goal of the   The special highlight for all visitors is Brühl‘s Terrace. With a view
The hustle and bustle around the Frauenkirche shows that the inhab-            Integrated City Development Concept INSEK. For example, large-            of the ships and the old paddle steamboats of the world‘s largest
itants of Dresden enjoy their city. It is not only the many tourists who       scale new shopping facilities have been built at Strassburger Platz,      steamship fleet of the Sächsische Dampfschifffahrt, which anchor
occupy the outdoor seats in the cafés and restaurants overlooking              opposite the Volkswagen Glass Factory.                                    on the bank of the Elbe, the route leads to one of Dresden‘s most
the church and the Luther monument. The Dresdeners themselves                                                                                            striking buildings – the Dresden Synagogue. In the summer months,
are only too happy to invite their guests to this recently refurbished                                                                                   the Elbe ships and steamers make daily trips to destinations such
square, which is still undergoing continuous modification. On your             From native to international                                              as Meissen or Pillnitz Castle. On the Neustadt side of the river, you
way to the Old Town, you will pass the Kulturpalast. The Dresden                                                                                         will soon be able to cross over the Augustus bridge without traffic.
Philharmonic has found a wonderful old-new venue here. The citi-               Relative to the number of its inhabitants, Dresden has a high propor-     And it is worthwhile also paying a visit to the historical inn here, the
zens of the city and their guests can enjoy the excellent acoustics in         tion of retail space. The city is an internationally renowned shopping    „Narrenhäusel“, which is to be rebuilt in the very near future. This
the hall of the Kulturpalast, which has been restored partially on the         destination. From the big brand names to specific retail stores, a        would make the Königsufer complete once again and would enrich
basis of historical precedents, and partially with cutting-edge interi-        great diversity of outlets can be found in Dresden. The retail spaces     it with an attraction which its visitors have long missed.
ors. The municipal libraries and the cabaret „Die Herkuleskeule“ are           have evolved correspondingly in recent years. At the end of 2016,
also located here, which means that the building is used much more             Dresden had 935,000 square meters of retail space, 217,000 square
intensively than before.                                                       meters of them in the city centre. This corresponds to 1.7 square

14
Festspielhaus Hellerau                                                     Foyer of the Kraftwerk Mitte

Between Baroque and the fashionable scene                                  tras, die Dresden Philharmonic and the Sächsische Staatskapelle.         this location and is making it ever more attractive for its guests.
                                                                           The Hellerau Festspielhaus, located on the outskirts of the city, is
The city on the Elbe, with its broad, green banks, can boast of Ba-        an exciting part of the cultural scene. With its history as the cradle
roque at its best. With the Japanese Palace, the Golden Rider,             of modern dance, then later as a barracks for the Soviet Army, and       Enriching variety
and the Hauptstrasse and Königstrasse streetscape, the Baroque             today as German‘s exceptional stage for the world‘s finest dance
architecture has been preserved, some of it still forming a unity.         companies, the imposing building stands in its own unique way for        People from all over the world are active in the Dresden institutes, in
Shopping, eating well and strolling along the Königstrasse is a very       Dresden‘s history, encompassing former elegance, destruction and         the Palucca Schule, in the orchestras, in the universities and colleges
special pleasure. Anybody who wants to experience the trendier side        new life. With its application for the European Capital of Culture       and in the sports clubs, and are an enrichment for Dresden. More
of things can take a walk past the city‘s two most famous fountains,       2025, Dresden wants to underline its uniqueness yet again. In which      than 44,000 students from 122 countries bring an inter-cultural
the „Stormy Waves“ and the „Calm Waters“, right into the Dresden           other European city can be found such a diversity of art and culture,    stimulus and exciting life to the city.
Neustadt. With a bustling lifestyle both day and night, alternative        thriving business and trade, tourism and science, as well as stunning
stores, an exciting small art scene, cafés and bars of all kinds coexist   natural landscapes and a genuine quality of life?
right in the middle of this youthful district.                                                                                                      Interesting for people from neighbouring
                                                                           Full of power for culture                                                countries
Culture with all aspects
                                                                           In recent years, the former municipal power station has been con-        As a city of art and culture, as a centre of research and a congress
At every time of the year, Dresdeners and visitors to the city can         verted into Dresden’s new cultural centre. It borders the suburb         location, as well as an economic and trade metropolis, Dresden is
participate in a variety of cultural events. From the Movie Nights by      of Friedrichstadt, thereby making this district more interesting as      interesting for people from all over the world. The number of inter-
the river Elbe, the City Festival and the Elbhangfest in summer to the     an area in which to live. The modern rooms and the central loca-         national guests who come to Dresden as tourists or as participants
Dresden Christmas Striezelmarkt in winter with its centuries-old tra-      tion are clear arguments. The Staatsoperette Dresden and the             in conferences, fairs and congresses is rising annually. With its many
ditions, from the Semper Opera House to the Schauspielhaus, from           tjg. theater junge generation, as well as many other players in the      attractions, the Saxon capital provides a setting for this which is both
the Kreuzchor to the State Art Collections, from the large farmers‘        creative industries, now have a new venue right in the heart of the      suitable and appealing.
market at the German Hygiene Museum to the smaller markets in              city centre and the Kraftwerk Mitte is undergoing continuous devel-
the suburbs – there is something here to satisfy every cultural tas-       opment. And yet another new café is being opened here and a new
te. A special feature of Dresden are its two world-famous orches-          studio is being occupied there. Each new tenant is helping to shape

                                                                                                                                                                                                                          15
Dresden –
Homely

                                                             Kleiner Schloßhof                                                             Peter Kulka, architect

Lively Dresden City                                                              its destruction in 1945. Located between the Gemäldegalerie in the       Armoury is today located in the almost 60-metre-long giant hall in
                                                                                 Zwinger and the sculpture collection in the Albertinum Museum on         the east wing of the castle. This architectural firm was also respon-
A declared goal of Dresden‘s urban planning is to make the city cen-             Brühl‘s Terrace, the museum centre of the Dresden State Art Col-         sible for the modernisation and the reconstruction of the German
tre – even more than previously – a place where a vibrant mix of                 lections was housed in the castle. The permanent exhibition of the       Hygiene Museum in Dresden.
living, working and social exchange can take place. Dresden‘s special
advantage – open areas are still actually available in the heart of
the city for complex developments. So, for example, the area be-
tween St. Petersburger Strasse and the German Hygiene Museum,
where a whole new city district is currently being developed –
the „Lingnerstadt“.

Traces of important architects
In addition to famous architects such as Günter Behnisch, Wolfgang
Hänsch and Daniel Libeskind, Peter Kulka has also left his mark on
Dresden several times. From 1991 to 1997, he rebuilt the Saxon par-
liament. The Saxon state parliament meets and works in the modern
building on Bernhard-von-Lindenau-Platz. The transparent glass fa-
çades and the exposed steel skeleton construction are characteris-
tic features of the building. The Saxon parliament was the first new
parliament building in the new federal states. From 2004 to today,
the architectural firm of Peter Kulka has rebuilt and expanded core
parts of the Dresden Residenzschloss, which had been a ruin since
                                   Visualisation of the Lingner Altstadtgarten

16
„We don‘t want to create a large-scale residential complex, but rather a lively urban district. For
example, this includes streets and squares with references to the Town Hall, to the German Hygiene
Museum and also to the Bürgerwiese park. We envisage quiet garden courtyards. Some of the
houses will have roof terraces and green roofs. For example, the Carusstrasse should once again have
a bend, like it used to. The Zinzendorfstrasse will also be upgraded. The houses will have shops,
businesses and offices in the ground floor areas. We want to build recognisable streets with visual
connections and create a pleasant sense of urbanity in the city.

The special feature of the Lingnerstadt is, first and foremost, its direct proximity to Dresden‘s city
centre. Secondly, there is its location near a comprehensive multi-section park area. This is a great
advantage, comparable to having the Kurfürstendamm in front of you and the Baltic Sea behind
you. At the same time, the area is so big that it will affect the city.“
                                                                                                                           View of the Promenadenring

New urban district in the centre of Dresden                             A special project is the so-called „western Promenaden-           Imprint                                            Photographs:
                                                                                                                                                                                             Cover: Philharmonie Dresden © Nikolaj Lund
                                                                        ring“. In 2015, a European-wide implementation compe-                                                                (Picture was taken on 6th April 2017)
The architectural firm of Peter Kulka has currently won the ten-        tition was launched for this project, which the Berlin firm       Editor:
                                                                                                                                          City of Dresden                                    U1 + page 2/3: puder+consortio, Florentine Heim-
der of the town-planning workshop procedure to design the new           plancontext succeeded in winning. A public area with vari-
                                                                                                                                                                                             bucher 1 Michael Schmidt 4 Lothar Sprenger 5
quarter „Lingner Altstadtgarten“ right in the heart of the city.        ous features such as water installations, open squares            Office of Economic Development                     Matthias Schumann, Davide Brandt 6 Frank Grätz,
Together with other partner firms, buildings for living, working        and planted areas along Marienstrasse is being built in           Phone +49 351 4 88 87 00                           Infineon Technologies AG 7 NCT_wörner traxler
                                                                                                                                          Fax     +49 351 4 88 87 03                         richter planungsgesellschaft mbh, Heliatek GmbH
and cultural life are being created. In which large German city         several construction phases, inviting Dresdeners and visi-        E-mail wirtschaftsfoerderung@dresden.de            8 renderwerke, Benjamin Herrmsdorf/Katrin Ste-
are projects like this still possible? Dresden has once again been      tors to relax after a stroll through the city or sightseeing.                                                        phan, 9 DVB AG, Stadtplanungsamt Dresden 10
able to make a virtue out of necessity. After all, the scars of de-     „The historical features will be integrated in an unpre-          Public Relations Office                            Frank Johannes, Amac Garbe 11 Stadtplanungs-
                                                                                                                                          Phone +49 351 4 88 23 90
struction of the Second World War, which are still visible today in     tentious way. They are authentic and clearly identifiable,        Fax     +49 351 4 88 22 38
                                                                                                                                                                                             amt Dresden 12 Sylvio Dittrich, Sven Döring 13
                                                                                                                                                                                             HTW Dresden, Sylvio Dittrich, Sven Döring, Dres-
various parts of the overall cityscape, are being sensitively used to   without acting as barriers“, to quote from the minutes of         E-mail presse@dresden.de                           den Marketing GmbH, LHD/Heine 14 Nikolaj Lund
enrich the widely known Baroque Dresden with unique modern              the jury conference on the design competition, thereby                                                               15 Festspielhaus Hellerau, DMG/Michael Schmidt
                                                                                                                                          Post box 12 00 20, 01001 Dresden, Germany
touches.                                                                emphasising a special feature of Dresden – the combina-           www.dresden.de
                                                                                                                                                                                             16/U4 IMMOVATION GmbH, Peter Kulka Architek-
                                                                                                                                                                                             tur GmbH, H.C. Schink, alles Büro plancontext
                                                                        tion of the tradition and history of the former Electoral
                                                                        capital with its contemporary design for present and fu-          Central government hotline:
                                                                                                                                          115 – We love questions                            Electronic documents with qualified electronic
                                                                        ture generations.                                                                                                    signatures may be submitted through a form.
Local recreation around the city centre –                                                                                                                                                    In addition there is the possibility to encrypt
                                                                                                                                          Text: PR-Quadrat - Anne Pietag, Dresden            e-mails to the state capital of Dresden with an
western Promenadenring                                                                                                                    www.pr-quadrat.com                                 S/MIME certificate or to send with DE-mail secure
                                                                                                                                          Printing: Union Druckerei Dresden                  e-mails. More information can be found by visiting
                                                                                                                                                                                             www.dresden.de/kontakt. This information is part
The high quality of life in Dresden is due to a wide range of in-                                                                         www.dresden.de/exporeal                            of public relations of the state capital of Dresden.
                                                                                                                                                                                             It must not be used for electioneering. However,
teresting sights, beautiful residential areas, an extraordinarily
                                                                                                                                                                                             political parties may use it to inform their mem-
charming environment, and the many green areas in the city.                                                                               Despite careful research, we do not accept any     bers.
Whether in the Grosser Garten, the Dresdner Heide, the large                                                                              liability for the information in this broschure.
and small parks, or on the wide banks of the Elbe, you can find an
opportunity to relax and enjoy nature everywhere.                                                                                         September 2017
Dresden –
Explore something new
The brochure before you has shown:
Dresden is on the move.
Dresden is developing.
Dresden wants to be discovered.

Dresden can provide convincing arguments in all areas, from construction and
living, to business and science, and on to culture and tourism, and offers its
inhabitants an excellent quality of life.

Large cultural projects such as the Kraftwerk Mitte or the refurbishment of
the Kulturpalast were completed here in a very short time and were enthusi-
astically welcomed by the citizens. The cultural diversity which the „Florence
on the Elbe“ has to offer is unparalleled worldwide, and needs enthusiastic
investors like you for its preservation and further expansion!

The state capital of Dresden welcomes you warmly and
will support you diligently in your decision for Dresden.

                                                                                 María Dueñas (violin) and Avi Avital (mandolin) in the
                                                                                 concert hall of the Dresden Philharmonic, Kulturpalast
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