Overview
- Negotiations over relocating the Central and Regional Library into parts of the Alexanderplatz building produced no agreement, with both sides now aiming to finish by summer 2026.
- The Galeria branch will remain open for several more months, and Commerz Real indicated willingness to extend the usage agreement beyond 2026 to prevent immediate job cuts.
- The Senate deemed the owner's current proposal for ZLB use "not acceptable," saying substantial steps are required to reach a viable deal.
- Commerz Real proposes a mixed-use setup pairing a smaller Galeria with the library, with the rent level for the ZLB identified as the key sticking point.
- If no library agreement is reached, Commerz Real described a fallback plan to redevelop the site with multiple tenants and a reduced Galeria footprint.