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KW-Development Acquires Potsdam’s Historic Former Parliament Building

The developer plans to restore the fire-damaged landmark and add new construction, initiating a long-awaited redevelopment effort.

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Overview

  • KW-Development GmbH has officially acquired the former Brandenburg state parliament building on Potsdam’s Brauhausberg, a listed monument with GDR and parliamentary heritage.
  • The developer has begun preliminary planning to stabilize and restore the site, which has suffered years of neglect, vandalism, and a major fire in August 2023.
  • Plans include renovating the historic structure while constructing one or more new buildings, though detailed development timelines have not yet been announced.
  • The building, nicknamed the 'Kreml,' served as the SED district headquarters during the GDR era and housed the Brandenburg state parliament until 2013.
  • KW-Development specializes in urban redevelopment and heritage restoration, aiming to balance monument preservation with modern functionality.