Company housing has a long tradition dating back to the age of industrialization. As early as the 19th century, companies such as Krupp and Siemens began to create housing for their employees in order to meet the growing demand for workers and retain them in the long term. The housing estates not only provided affordable living space, but also fostered a strong sense of community among the workers.
Benefits for the company and the economy
The advantages of “modern” company housing are manifold. For companies, they are an effective instrument of personnel policy. By providing housing in the immediate vicinity of the workplace, companies can increase their attractiveness as an employer and boost employee loyalty. This leads to higher productivity and job satisfaction, as long commuting times are eliminated and the work-life balance is improved.
From an economic perspective, company housing helps to ease the pressure on the tight housing market and offers a solution to the housing shortage in conurbations. They also promote the regional economy by supporting the construction of new homes and the associated jobs.
Contribution to sustainable urban development
Company housing contributes to sustainable urban development by reducing land consumption and optimizing the use of existing infrastructure. The proximity to the workplace reduces CO2 emissions through shorter commuting distances. They also promote social sustainability by creating affordable housing and improving the quality of life for employees.
Link between company apartments and micro-apartments
Micro-apartments, especially for young professionals, are increasingly becoming a new asset class in the company housing category and are gaining in popularity. These modern, compact residential units offer a flexible and cost-effective housing solution that is ideal for young professionals. Especially for people at the beginning of their professional careers, it is very difficult to find suitable living space in a new, usually unknown, location at the start of their career. The rediscovery of company apartments and the trend towards micro-apartments complement each other perfectly, as both concepts aim to create affordable living space close to the workplace.
The role of PORR
PORR plays an important role in the construction of modern company housing. As a technology leader in the construction industry, PORR realizes tailor-made solutions for demanding construction projects. One outstanding example is the project “The Fizz-Stresemannquartier” in Hamburg, where PORR has built a modern residential complex with micro-apartments. “The Fizz” comprises 777 apartments that are specially tailored to the needs of young professionals and students. In addition to “The Fizz-Stresemannquartier” project, PORR has also realized other significant construction projects in this asset class, such as the “Urban Living” project in Hamburg-Altona. This comprises 327 apartments, communal areas and parking spaces for cars and bikes in the basement. The complex is primarily aimed at young professionals and interim managers looking for a modern and central living solution.
The rediscovery of company apartments and micro-apartments offers both companies and the economy considerable advantages. By providing living space close to the company, skilled workers can be attracted and retained in the long term. With projects such as “The Fizz” and “Urban Living” in Hamburg, PORR demonstrates how modern construction concepts can be successfully implemented in this asset class while making a positive contribution to society.
