At the intersection of Neue Mainzer Strasse and Junghofstrasse, a new skyscraper is to be built. The plans for the skyscraper are from the past and originated in the year 2001. This plan could now be taken into reality. In the 1998 high-rise development plan, the skyscraper project was known as Frankfurter Sparkasse 1822 and Württemberger Hypothekenbank. The architectural design included an approximately 197 meters (646 feet) tall office building designed by KSP Jürgen Engel Architekten (at the time known as KSP Engel und Zimmermann). In 2001, the Frankfurt architects’ office took first place in the competition sponsored by Frankfurter Sparkasse and Württembergische Hypothekenbank AG.
The design provided for two slender, slightly offset towers. The skyscraper complex was to have 54 storeys and approximately 95,000 square meters (1,022,571 square feet) of gross floor area. With its transparent facade, the building was to form a counterpoint to the mirrored twin tower of Deutsche Bank.
In mid-2018, the property was sold by Frankfurter Sparkasse 1822 to the Hessische Landesbank (Helaba), which had also built the nearby MAIN TOWER. In terms of planning law, nothing stands in the way of the construction project today. Because since 2003, there is a legally valid development plan for the Financial District. If the building application is approved, the investor can begin construction.
Status May 2020: Helaba board member Christian Schmid stated that the World Cultural Museum (Weltkulturen-Museum) would receive a branch on the fourth floor on 900 square meters for 15 years without the need of paying a rent. No information was given on the start of construction or completion of the new skyscraper.
Status October 2019: The press office of Helaba stated that the project is currently under further planning and therefore no new information on this project can be published yet.