Frankfurt Program Promoting the Conversion of Vacant Premises for Creative Purposes
The conversion of vacant premises and the subsequent use of the space by the creative industries help boost urban quality and expand the volume of cost-effective premises available for the sector in Frankfurt. This promotion program was thus launched to incentivize owners of their own accord to renovate and modernize properties for their potentially only temporary use. The related enhancing of the profile of a district and the animation of new uses is expected to lead in urban quarters to an augmented quality of urban life both during the day and at night.
The support is provided in the form of a subsidy. Total costs eligible for support are € 150 per square meter. Rental premises eligible for support can be a maximum 120 square meters in size. The rooms must then be made available for the intended purpose for at least five years. Owners and tenants may file the application for support.
For further information, please contact
City of Frankfurt Vacancies Agency
RADAR-Kreativräume für Frankfurt
Tel. (069) 78088067, Fax (069) 40039839.