MLP Business Park Idstein: Start of demolition work on Polytec Plastics site

Demolition work will soon begin on the former Polytec production site in Idstein. The old buildings in the north of the site are to be demolished by mid-2024. The renovation of the southern hall and the construction of the new halls are scheduled for early 2025.

Caption: Demolition work will soon begin on the old Polytec buildings on the site of the future MLP Business Park in Idstein, Hesse. Copyright: MLP Group.

The MLP Group, a developer, owner and manager of high-quality commercial, industrial and logistics parks specialising in brownfield sites, will soon begin demolition work on the former Polytec Plastics site in Idstein, Hesse. A consortium consisting of Prangenberg & Zaum GmbH and REA GmbH already began gutting the old buildings in January. As soon as the demolition permit has been issued, the above-ground demolition of the two existing halls in the north of the site will begin. This will be followed by the removal of the foundations, underground demolition, removal, backfilling and earthworks. Demolition should be completed by mid-2024.

The developer is realising a sustainable and flexibly usable business park on the 40,700 m² site in Idstein. Once completed, the MLP Business Park Idstein will have two new halls with a height of 10.20 m UKB and a usable area of around 19,700 m². Of this, approx. 16,500 m² is logistics and service space, approx. 1,500 m² is warehouse/mezzanine space and approx. 1,700 m² is office and social space, which can be extended to up to 3,200 m². A third, approx. 4,100 m² hall in the south of the property is to be renovated and converted into a craftsmen's park. This makes the speculatively constructed property ideally suited for the establishment of a broad mix of users consisting of smaller manufacturing and processing companies, light industrial trading companies with storage and service areas as well as small and medium-sized enterprises (SMEs).

The property, which previously served as a production site for plastics processor Polytec, is located around 30 kilometres north-west of Frankfurt in the Rhine-Main metropolitan region. There are good connections to the Netherlands and to Southern and Eastern Europe via Austria via the A3 motorway, which is directly adjacent to the site. There are also several public transport stops within walking distance.

The MLP Group is aiming to achieve at least DGNB Gold Standard certification for the construction of the park. To achieve this, the developer is implementing extensive measures to protect the climate and the environment. In addition to an energy-efficient building envelope, intelligent energy control and the installation of e-charging stations, fossil-free heating of the halls, greening of the mezzanine roof area and a photovoltaic system on the remaining roof area are planned. Natural lighting, comfortable workspaces, covered outdoor areas and bicycle parking contribute to an attractive workplace for future employees.

"As the town of Idstein, we welcome the fact that the property in Black-und-Decker-Straße will now be put to a new use. The buildings have already been empty for some time, which is usually problematic. The redevelopment of the area will help to strengthen local and regional businesses. We particularly welcome the energy standards promised by the MLP Group, as we are also concerned with the issue of sustainability in commercial buildings. Issues such as fossil-free heating, energy supply with photovoltaics or green roofs simply have to be taken into consideration in new buildings today. The planned business park with the desired certification could become a positive reference for the construction of new commercial properties in Idstein. We look forward to working together with the MLP Group and the companies that will settle on the site," comments Christian Herfurth, Mayor of Idstein, on the project.

Martin Birkert, Country Manager Germany at the MLP Group, comments as follows: "Now that the demolition permit has been granted, work can soon begin on the MLP Business Park Idstein. We have thus reached an important milestone in the development. We are delighted to be able to realise this ambitious project in the dynamic Rhine-Main economic region and thus offer highly sought-after space for a wide range of users. The project has also been very well received by companies in the region, with initial talks with prospective tenants already taking place."

The MLP Group expects to receive planning permission in the fourth quarter of 2024, meaning that the new building is scheduled to open in the first quarter of 2025.

About MLP Group S.A.:

The MLP Group is a developer, owner and manager of high-quality commercial, industrial and logistics parks in Poland, Germany, Austria and Romania, specialising in brownfield sites. The company currently owns and manages a property portfolio of 23 parks in four countries with a total size of approx. 1.8 million m² of existing and approved rental space ready for construction. The gross asset value amounts to approx. EUR 541.3 million (Q3/2023). The MLP Group has been listed on the Warsaw Stock Exchange WSE since 2013 (ISIN: PLMLPGR00017).

With offices in Warsaw, Munich, Cologne, Vienna and Bucharest, the company offers customised and sustainable real estate solutions for users from various sectors such as retail, e-commerce, production, automotive and logistics.

The MLP Group was founded in Warsaw, Poland, in 1998. The company has been represented on the German market since 2017 and currently operates five projects in Berlin, Unna, Gelsenkirchen and Idstein. Further projects in the pipeline in Germany and Austria are planned in the regions of Berlin, the Ruhr area, Düsseldorf, Cologne, Frankfurt, Munich and Vienna.

Further details on the MLP Group can be found at www.mlpgroup.com

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