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Cologne's dream home: 300 new apartments planned in the Windmühlenquartier!
Cologne housing cooperative acquires 7,273 m² of land in Mülheim for 300 subsidized apartments. Modernization in the windmill district.
Cologne's dream home: 300 new apartments planned in the Windmühlenquartier!
On July 7, 2025, the Kölner Wohnungsgenossenschaft eG (KWG) acquired a significant property in the “Windmühlenquartier” in Cologne-Mühlheim for 7,273 m². This area is located on Deutz-Mühlheimer-Str. 216/216a and will serve as a location for around 300 apartments in the future. The negotiations were mediated by the international real estate consultancy Jones Lang LaSalle SE (JLL), which accompanied the purchase from the Adler Group. With this step, the KWG is vigorously continuing its commitment to affordable housing in Cologne, as konii.de reports.
Christoph Moossen, CEO of KWG, emphasizes that the development of a new district and the realization of the new building project represent an important milestone. The location of the property not only offers a wonderful view of the Rhine, but also good connections to Cologne city center. In the context of urban development change, the KWG's goal is to bring another property in the south of Mülheim to construction readiness.
Integration into urban development
The planned new building fits into the extensive urban developments in the region. The south of Mülheim is currently undergoing significant change, in which areas of former Deutz AG administration and production buildings are being converted into a modern residential and business center. According to stadt-koeln.de, this redesign will be accompanied by the new development of the project-related development plan. The old buildings should be preserved as far as possible in order to preserve the character of the district.
A total of 406 residential units are planned to be available to cover the need for living space in Cologne. In addition, a six-group daycare center is planned as part of the community needs. In addition to the living spaces, office and commercial space measuring around 24,000 square meters is also planned. In order to ensure a pedestrian connection to the Rhine Boulevard, comprehensive measures are required to ensure access and the mobility concept.
Support measures for affordable housing
The issue of affordable housing is of central importance for Cologne, especially in view of a tight housing market and rising construction costs. According to koelner-stadtteilliebe.de, the city has granted funding commitments for 531 residential units in 2023 in order to implement rent and occupancy controls. This represents a decrease compared to 2022, where 1,327 housing units were subsidized, but the city remains active in efforts to improve the housing situation.
Due to the high demand for subsidized housing and the increase in construction costs, the city has received a global budget of 95 million euros from the state of North Rhine-Westphalia for the housing subsidy program, which, however, is not enough. Therefore, additional funds of 68 million euros were requested to meet the increasing needs of the population.
Overall, it shows that Cologne is actively seeking innovative solutions to the housing shortage. Projects like those of the Kölner Wohnungsgenossenschaft eG and comprehensive funding measures are steps in the right direction to relieve the overheated market and at the same time create new, modern living space.