Cologne's living dream: 300 new apartments planned in the windmill quarters!

Cologne's living dream: 300 new apartments planned in the windmill quarters!

The Cologne housing cooperative EG (KWG) acquired an important property in the "Windmühlenquartier" in Cologne-Mühlheim for 7,273 m² on July 7, 2025. This area is located on Deutz-Mühlheimer-Str. 216/216a and will in future serve as a location for around 300 apartments. The negotiations were conveyed by the International Real Estate Consulting Jones Lang Lasalle SE (JLL), which accompanied the purchase from the Adler Group. With this step, the KWG vigorously continues its commitment to affordable living space in Cologne, as konii.de reports.

Christoph Moossen, CEO of the KWG, emphasizes that the development of a new district and the implementation of the new building project are an important milestone. The location of the property not only offers a wonderful view of the Rhine, but also a good connection to the Cologne city center. In the context of the urban development, the goal of the KWG is to bring another property in the south of Mülheim.

integration into urban development

The planned new building fits into the comprehensive urban development developments in the region. The Mülheim south is currently undergoing a significant change, in which the areas of former administrative and production buildings of Deutz AG are converted into a modern residential and business center. According to Stadt-koeln.de, this redesign is accompanied by reorganizing the project-related development plan. The old building stock should be preserved as far as possible in order to protect the character of the district.

In the planning, a total of 406 residential units are available that should cover the need for living space in Cologne. In addition, a six -group daycare center is planned as part of the community. In addition to the living rooms, office and commercial space of around 24,000 square meters are also planned. In order to ensure the walking connection to the Rheinboulevard, extensive measures are required to ensure the development and mobility concept.

funding measures for affordable living space

The topic of affordable housing is of central importance for Cologne, especially in the face of a tense housing market and increasing construction costs. According to Koelnerer-dadtteillieben.de, the city granted funding commitments for 531 residential units in 2023 in order to implement rental price and occupancy bonds. This represents a decline compared to 2022, where 1,327 residential units were promoted, but the city remains active in the endeavor to improve the living space situation.

Due to the high demand for subsidized living space and the climbs of the construction costs, the city has received a global budget of 95 million euros from the state of North Rhine -Westphalia for the living space funding program, which, however, is not sufficient. Therefore, additional funds of 68 million euros were requested to meet the increasing needs of the population.

Overall, it can be seen that Cologne is actively involved in innovative solutions for the shortage of housing. Projects such as the Cologne -based housing cooperative EG and comprehensive support measures are steps in the right direction to relieve the overheating market and at the same time create new, modern living space.