City of Ludwigshafen waives the right of first refusal for Leoso-Hotel!
City of Ludwigshafen waives the right of first refusal for Leoso-Hotel!
Ludwigshafen, Deutschland - The city administration of Ludwigshafen made an important decision on the Leoso hotel at the main train station, which had been closed for over a year. She decided not to claim the property for the property. This decision is part of a more comprehensive consideration of urban development. Mayor Jutta Steinruck emphasizes that a purchase of the property would have been considered, but the requirements according to the building law have not been met and therefore there was no legal exercise of the right of first refusal.
According to the legal examination, the "probably of the general public" cannot be clearly justified, since the urban planning planning is non -binding as part of the workshop procedure. In addition, there is a lack of a clearly defined public use for the property, which makes the decision even more difficult. As the Rheinpfalz also report legal risks in the event of a short-term judicial review of the exercise, exercise, that could lead to possible compensation or reversal claims.Why is the right of first refusal important?
The right of first refusal represents a valuable legal instrument that enables municipalities to acquire real estate primarily. It offers cities the opportunity to control active urban development and to reconcile with local needs. Especially in times when many cities in Germany are struggling with stunned inner city areas and empty commercial space, the right of first refusal can contribute significantly to the blossoming of the cities. Municipalities that are able to use this instrument strategically can promote development processes and at the same time take into account private interests in the real estate industry. According to the ifh Köln , cities like Hanau used the right of first refusal to revitalize the city center and reduce vacancies.
The next steps
Although the city administration has now refrained from the right of first refusal, it is still planning to develop solutions for the use of the building in cooperation with the new owners of the Leoso Hotel. No financial resources are currently approved that would enable short -term financing of the purchase. It remains to be seen which development strategies will be pursued in the future in order to integrate the property sensibly into the cityscape of Ludwigshafen. The city administration is careful to find the best possible solution for everyone involved and thus make a valuable contribution to urban design.
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| Ort | Ludwigshafen, Deutschland |
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