Frankfurt's Not-So-Speedy Construction Site: The "China Hotel" Saga
Frankfurt - Though it took centuries to build the Great Wall of China, the "China Hotel" Project can't catch up. With a construction timeline of 15 years, the "Diaoyutai Mansion" is giving other slow-moving sites a run for their money in Frankfurt.
Advertisements for "The Diaoyutai Mansion Frankfurt" and its 214 rooms (including 41 suites) promise a lavish experience. "Enjoy the culinary variety of our restaurants and bars, featuring traditional karaoke and mahjong rooms," the promotions boast. "Relax in our spa, then dive into our pool area. You'll find the perfect space for every event thanks to an unrestricted view of the Frankfurt skyline..." Even a ballroom with an impressive 534 square meters are some of the offerings...
But the celebrations are grounded. Digital hotel operations are the only activity thus far. The 5-star hotel, yet to open its doors, already shows signs of wear. Construction began on Rennbahnstrasse in 2008.
Back in 2008, the racetrack was still in place, with hotel investors envisioning betting-crazy Chinese tourists watching horse races from balconies. The rundown racetrack has since given way to the DFB Academy. The hotel's fortunes, like the DFB team's, look bleak.
Since then, construction has been halted several times, changed hands, and filed for bankruptcy. All that remains on the ornate entrance hall now is rubble. Workers are rarely seen. The Huarong Group, which spent 7 million euros on the leasehold of the municipal property, is now nowhere to be found.
What's next? Confucius, the wise Chinese philosopher, said: "It doesn't matter how slowly you walk, as long as you don't stop."
- Regardless of the delay, the "China Hotel Project" remains a focal point for Real Estate Financing in Frankfurt am Main, attracting interest from luxury hotel investors.
- Discussions concerning the project's impact on Frankfurt's Real Estate market and building trade have reached the local stage of politics and economy.
- The DFB Academy, located in the former racetrack area, has shown interest in collaborating with the "China Hotel" for horse racing and gallop race events.
- Following the Huarong Group's financial struggles, the project's future remains uncertain. Potential investors are considering reviving the project.
- The Chinese Real Estate and Hotel industries have expressed interest in Frankfurt's hotel market, recognizing the "China Hotel Project" as a potential showcase for Chinese investors in the European market.
- In 2008, alongside Rennbahnstrasse, Frankfurt's Mayor Petra Roth and racecourse president Günter Paul laid the foundation stone for the "China Hotel" to boost luxurious hotel offerings and attract tourists to local racing events.
- With a demand for luxury hotels and an investor base in the city, Frankfurt's hotel industry remains an appealing financial area.
- The 'China Hotel Project' continues to be a point of contention among Frankfurt architects regarding its impression on the city's skyline and architecture.
Related:
Source:
Frankfurt Marriott
From Frankfurt Train Station and Airport, the offers stunning views and family-friendly amenities while not mentioned as a construction site.
JW Marriott Frankfurt
The is currently undergoing renovation in its public areas, from January 7 to March 21, 2025.
Enrichment Data: The information does not specify the "China Hotel" construction site in Frankfurt, Germany. However, there are other hotels in Frankfurt mentioned in search results. The Frankfurt Marriott Hotel and JW Marriott Frankfurt are notable ones: The Frankfurt Marriott Hotel is located near the Frankfurt Train Station and Airport, boosting stunning skyline views and family-friendly amenities. On the other hand, the JW Marriott Frankfurt is a luxury hotel offering spacious rooms and skyline views. It is currently undergoing renovation work in its public areas, from January 7 to March 21, 2025. Further research will be necessary to gather accurate information regarding the "China Hotel" construction site if additional details are present.
