In recent years, a large number of older buildings have been renovated, refurbished or modernized in the Frankfurt city region. This usually happens when real estate is out of date, because the demands of tenants, owners, and legislators on real estate have risen continuously in recent decades. In particular, the energy efficiency (and thus the consumption costs) of real estate should be kept low. After renovation, buildings have a fresh shine and can be better marketed.
In the event of damage repair (refurbishment), refreshment (renovation) and slight improvement (modernization), skyscrapers are recorded in The SKYLINE ATLAS with their original information if basic components of the building (facade, use, area distribution, etc.) have not changed.
When a complete renovation (revitalization, total renovation, complete modernization, core renovation) takes place, it’s a different story. In these cases the building is usually stripped to its supporting framework and essential parts of the property are replaced, so that the property behaves like a new building after the revitalization. With a complete renovation, the character, technology, and/or architecture of a property change fundamentally: there is a different architect than the original, and the use may have been altered. Such a complete renovation is often accompanied by repositioning: the property is given a fresh branding and/or a new marketing concept.
The SKYLINE ATLAS therefore treats total conversions as independent properties and does not continue under their original building entry. This includes buildings such as:
The distinction between a complete modernization (complete renovation) and a simple modernization is not always easy to make. In this regard, the SKYLINE ATLAS uses the definition of Phorio standards when dealing with modernized buildings: changes to buildings are versioned. This means that changes in the life cycle of the property are always assigned to a specific point in time and project.