Greystar and ZÜBLIN are starting construction of &Amsterdam in Amsterdam Zuidoost

Official launch with the driving of the first pile

 With the driving of the first pile, construction officially began today on &Amsterdam: an ambitious new residential complex comprising 561 rental flats in Amstel III, Amsterdam Zuidoost. The symbolic ceremony was performed by Vincent de Kom, district councillor for Amsterdam Zuidoost, and marks the start of a development that will give new impetus to the Amstel III regeneration area.

&Amsterdam is a project and investment by Greystar, a global market leader in the investment, development and management of high-quality rental properties. Construction is being carried out by ZÜBLIN Nederland, part of STRABAG SE. Completion is expected in 2028.

Vincent de Kom, district councillor for the City of Amsterdam: “The housing challenge facing our capital is enormous. And the Zuidoost district is shouldering a large part of that challenge. By building around 40,000 new homes over the next 20 years, we are creating a city within a city here. As a local authority, we could never achieve this on our own. Collaboration is key! And that collaboration is clearly evident in the &Amsterdam project. The aim is to keep housing in our district affordable for as wide a group as possible. In doing so, we’re not just looking at housing, but also at quality of life and social cohesion in our neighbourhoods. That’s a challenge – one that requires courage from all parties involved.”

New urban housing development

&Amsterdam comprises three residential blocks with a total of 561 flats, divided between social housing, mid-range rental and the private sector. The scheme also includes approximately 1,000 m² of commercial ground-floor retail space and approximately 200 parking spaces in an underground car park. The buildings, ranging in height from 30 to 77 metres, are grouped around a green courtyard and were designed by Powerhouse Company and Rijnboutt.

Sustainable urban development

The project is being carried out with high sustainability ambitions. For example, the residential complex will be fitted with a thermal energy storage system, solar panels and a smart rainwater harvesting system. It aims to achieve an A++ energy rating and BREEAM-NL In-Use Excellent certification.

The construction of &Amsterdam is being carried out by ZÜBLIN Nederland. Frank De Roo, Director of Large Projects at ZÜBLIN Nederland, said: “Our teams combine technical expertise with innovative solutions. In &Amsterdam, this comes together in a future-proof design, built for and with the city. The high demand for affordable, high-quality housing strengthens our motivation to deliver &Amsterdam on time and to a high standard.”

Amstel III Area Development

&Amsterdam is situated in the heart of Amstel III, an area undergoing a transformation from an office district into a mixed-use urban neighbourhood. Around 5,000 new homes are set to be built here in the coming years. Greystar is active in the area as a developer, with projects including OurDomain, The Ensemble and HB Road. Greystar is actively involved in the development of nearly 3,000 homes and also manages over 1,500 homes in Amstel III. This makes it one of the key players in the area’s development in Amsterdam Zuidoost.

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About Greystar

Greystar is a leading, fully integrated global property company specialising in the development, investment, management and operation of high-quality rental properties. Headquartered in Charleston, South Carolina, Greystar manages and operates approximately $315 billion worth of property across 250 markets from offices in North America, Europe, South America and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 1,000,000 units/beds worldwide and has a strong institutional investment management platform with more than $78 billion in assets under management, including nearly $36 billion in assets under development. Founded by Bob Faith, Greystar has grown to become a provider of first-class services in the rental housing sector. For further information, please visitwww.greystar.com.

About ZÜBLIN Nederland

ZÜBLIN Nederland is a wholly-owned subsidiary of the European construction group STRABAG SE. Worldwide, STRABAG employs around 86,000 people, who together generate an annual turnover of approximately €19 billion. In 1973, the German construction group STRABAG first began construction activities in the Netherlands. ZÜBLIN Nederland has grown into a versatile construction company with a wide range of construction activities.

The project portfolio covers various sectors of the construction industry: non-residential construction, residential construction, civil engineering, infrastructure and road construction. ZÜBLIN Nederland focuses primarily on the construction of large-scale, complex projects. Over the last few decades, the role of general contractor has shifted towards that of a customer-focused service provider specialising in Design & Build projects.
From a national office in Breda and various construction sites across the Netherlands, 50 enthusiastic employees each play their part in the realisation of these projects.
Driven by the STRABAG Group, ZÜBLIN Nederland is constantly evolving: LEAN Management, BIM 5D® and BREEAM are just a few of the innovative processes already being implemented. See alsowww.zueblin.nl.