Overview
- Mayor Peter Tschentscher said the city will use parts of the Elbtower for the planned Naturkundemuseum, which he said could be realized faster there than in a new standalone building.
- A partial municipal purchase of selected areas is being considered to make a restart politically and financially feasible.
- An investor consortium led by Dieter Becken has been in exclusive talks with insolvency administrator Torsten Martini since mid‑December about buying the unfinished tower.
- Becken says construction could resume in spring 2026 if the Hamburg parliament approves the plan.
- Work has been halted since October 2023 after Signa’s payment failures and insolvency, and authorities have explored options including a reduced height, with the underground podium deemed technically suitable for museum use.