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DFMG Expects Frankfurt’s Europaturm Reopening to Collapse as Federal Funds Expire

Local authorities never agreed to provide the matching money required for a €50 million renovation.

Overview

  • DFMG said the federal pledge supporting the project runs out at the end of 2025, so it now assumes the reopening will not proceed.
  • The federal government had offered to cover half the renovation costs on the condition that Hessen and Frankfurt finance the remainder, but no co-financing deal was reached.
  • A joint feasibility study by DFMG and the city put the investment need at about €50 million for restoring public access.
  • Similar tower projects in Hamburg and Dresden are moving ahead under the same funding model, with Hamburg near the end of its permitting process and Dresden preparing its application.
  • The Europaturm has been closed to visitors since 1999, and a privately promoted ‘Reallabor’ concept has been reported but has not resolved the financing impasse.