Monday, 20 October 2025
More than 150 new apartments have been completed in Frankfurt’s Praunheim district as part of a housing initiative aimed at supporting healthcare professionals. The Steinbacher Hohl development, located next to the Nordwest Hospital, has been handed over by developer Instone Real Estate to municipal housing company ABG FRANKFURT HOLDING.
Built on a 9,000-square-metre plot, the new residential complex consists of three multi-family buildings with 153 apartments, a day-care centre, and an underground car park. The project was completed on schedule and constructed to the Efficiency House 55 EE energy standard. A landscaped courtyard and preserved plane trees add to the community’s green character, while 79 parking spaces are available underground, supplemented by 30 additional spaces in a nearby public car park.
City Councillor for Planning and Housing Marcus Gwechenberger described the project as an “urban development success story” for the area surrounding Nordwest Hospital. “To attract and retain skilled professionals in the city’s healthcare system, we must also ensure access to affordable housing,” he said, noting that roughly one-third of the apartments are subsidised for low- and middle-income households.
ABG FRANKFURT HOLDING CEO Frank Junker confirmed that the majority of the units will be offered to hospital staff and healthcare workers. “These homes will help relieve the pressure on Frankfurt’s housing market while supporting those who make an essential contribution to our city,” Junker said. The first tenants are expected to move in from December 2025.
According to Sascha Querbach, Rhine-Main Branch Manager at Instone Real Estate, the project was designed to strengthen community life while meeting urgent housing needs. “Affordable housing for those who form the backbone of our healthcare system is something we’re proud to deliver,” he said. “With its day-care centre, green spaces, and proximity to the hospital, this development provides not only homes but also a social hub for families and staff.”
The project’s completion reflects Frankfurt’s broader strategy to expand affordable and workforce housing, particularly for public service employees. Healthcare professionals — including nurses, doctors, and hospital administrators — can now register for an apartment at “Praunheim – Steinbacher Hohl 72–74” through ABG’s website.
The apartments range from two to five rooms, each featuring underfloor heating, vinyl wood-look flooring, and private balconies or terraces.
