MLP Group revitalises Polytec Plastics site in Idstein

The MLP Group is planning to build a sustainable and flexibly usable business park on the former Polytec production site in the Rhine-Main metropolitan region. Complex revitalisation measures are required to reactivate the multi-level site. Construction work is scheduled to begin in early 2024.

Caption: The MLP Group is developing a sustainable and flexibly usable business park on the former Polytec Plastics site in Idstein. Copyright: MLP Group.

The MLP Group, a developer, owner and manager of high-quality commercial, industrial and logistics parks specialising in brownfield sites, is developing the former Polytec Plastics site in Idstein, Hesse. Until 2020, the approximately 40,700 m² site served as a production site for plastics processor Polytec. Now a sustainable and flexibly usable business park is to be created on the derelict site. Once completed, this will comprise two new buildings with a gross floor area of around 19,700 m², including approx. 16,500 m² of logistics and service space, approx. 1,500 m² of warehouse mezzanine space and approx. 1,700 m² of office and social space, which can be expanded to up to 3,200 m². The height of the buildings is 10.20 metres. Around 33 parking spaces will be created on the outside areas, including eight parking spaces for electric vehicles. A third, approx. 4,100 m² hall in the southern part of the site will serve as a craftsmen's park in future. The speculatively constructed property is thus geared towards flexible use and will enable a wide range of users to settle here, 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 new property is being built in the "Am Wörtzgarten/Black-und-Decker-Straße" industrial estate, around 30 kilometres north-west of Frankfurt, in the Rhine-Main metropolitan region, one of the strongest economic regions in Germany. The A3 motorway, which is directly adjacent to the site, provides good connections to the Netherlands and, via Austria, to Southern and Eastern Europe. There are also several public transport stops within walking distance of the business park. The revitalisation of the derelict site requires complex cut-and-fill measures and measures to ensure slope stability due to the multi-level shape of the terrain. While two of the three existing buildings will be demolished and replaced by modern halls, the third hall in the south of the site will be renovated and converted into a craftsmen's park.

Axel Wilz, Head of the Building and Planning Office of the University City of Idstein, comments on the project as follows: "The former Polytec Plastics site has been derelict since the end of 2020. We therefore welcome the fact that the MLP Group is carrying out extensive revitalisation measures to return the site to commercial use. This will create new commercial space without further soil sealing - a good signal for Idstein as a business location, which is already appreciated by many companies from industry, trade, crafts and services."

The MLP Group is aiming for at least DGNB Gold Standard certification for the construction of the new business park and is developing it in line with its sustainability strategy. The developer is implementing extensive measures to protect the climate and environment, including an energy-efficient building envelope, natural lighting, intelligent energy control and the installation of e-charging stations. The developer is also aiming for fossil-free heating of the halls and the greening of the entire mezzanine roof area, while a photovoltaic system is planned for the remaining roof area. Modern and comfortable workspaces, two covered outdoor areas and bicycle parking spaces will also be provided for employees.

"With the new business park in Idstein, the MLP Group is delighted to be able to develop an ambitious project in an attractive location. As part of the revitalisation, the multi-level shape of the site necessitates the relocation of the soil using complex cut-and-fill measures as well as special safety precautions. However, we are happy to take on this challenge in order to create flexibly usable space for a broad mix of users, which is in high demand in the dynamic Rhine-Main economic region," says Martin Birkert, Country Manager Germany at the MLP Group.

Construction work is scheduled to start at the beginning of 2024.

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 21 parks in four countries with a total size of approx. 1.74 million m² of existing and approved rental space ready for construction. The net asset value amounts to approx. EUR 538.0 million (Q2/2023). 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 projects at four locations 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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