Friday, August 23, 2024 Hilton Munich Park embarks on a new era with a long-term agreement with Commerz Real and Hines, ensuring a transformative redevelopment. Hilton Munich Park embarks on a new era with a long-term agreement with Commerz Real and Hines, ensuring a transformative redevelopment. Hilton has announced the signing of a new long-term agreement for Hilton Munich Park with a joint venture company formed by Commerz Real AG and Hines.
Under this agreement, Hilton will continue managing the property, which will undergo a transformative redevelopment by its owners as part of Munich’s mixed-use Tucherpark project. As an integral component of the new Tucherpark, Hilton Munich Park will play a pivotal role in the development of this innovative circular city project led by the Commerz Real and Hines joint venture. The project will seamlessly integrate residential, retail, office, and hospitality spaces, establishing a vibrant new community and destination.
The reimagined Hilton Hotels & Resorts property will serve as a central hub within Tucherpark, offering a lively environment for guests, residents, shoppers, and professionals alike. Since its debut during the Munich Olympic Games, Hilton Munich Park has been a premier destination, strategically located next to the English Gardens, one of the world’s largest inner-city parks. The planned redevelopment aims to further harmonize the hotel with its natural surroundings, aligning with Tucherpark’s vision of merging ur.