Further Question Marks Regarding the Future of the Shipyard Area in Korneuburg

The project was announced in 2021 as a diverse district combining living, working, culture, and leisure. On 15 hectares along the Danube, living spaces for 1,400 to 1,700 people were planned. The investment sum amounted to 500 million euros. The project has been downsized and is currently halted. Future plans must be coordinated with a new owner. It is unclear whether the area will be sold in its entirety or in parts and whether there are already interested parties, Signa informed ORF.

Purchase of Shipyard Area in Korneuburg to be Discussed in Municipal Council

For the city, the purchase of the island or parts of it is a topic, said Mayor Christian Gepp (ÖVP) to ORF Lower Austria: "The question is, of course, what price is being speculated on and what price will be set on the market. We will certainly discuss this in the municipal council." Currently, the focus is generally on the mainland, where development is to be maintained, according to Gepp. "On one hand, we have the shipyard halls that we want to renovate. We also have the opportunity to establish businesses, and this also involves the topic of social housing and leisure. We want to address this."

The SPÖ emphasized the demand not to leave the site "to real estate speculators again." The Signa bankruptcy is "a unique opportunity to bring the area into public hands and develop it into the Danube Island of Korneuburg as a recreational area for all of Lower Austria," highlighted state party leader Landesrat Sven Hergovich and Deputy Mayor Bernadette Haider-Wittmann in a joint statement. A joint project by the city and the state is necessary.

(APA/Red)

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