Overview

• The Senate asked the Bürgerschaft to approve the contract and to release €95 million to keep the Dammtorstraße venue running until the move.
• A project company will deliver the building, with the foundation holding the majority stake, the city at 14.9 percent, and the opera at 10.1 percent.
• The city’s contribution is capped at €147.5 million for foundations, flood protection, and other site‑driven extras.
• The Kühne‑Stiftung has pledged up to €330 million and will cover remaining construction costs, with the finished building and its shares to be gifted to the city.
• Officials project completion around mid‑2034 if the process proceeds smoothly, as critics cite financial risk and limited public opposition is reflected in roughly 6,300 petition signatures.