District Profile Hamburg Hafencity & Speicherstadt

The ancient red brick storage buildings dominating the character of the Speicherstadt were built in 1913, dislodging about 20.000 harbor workers, craftsmen and generally poor families. The living situation before the big tear-off was extremely bad and the big plagues usually started here. The area right next to it, the Hafencity, has been used as harbor storage until the city development decided to use it to extend the business center and it became the biggest construction site in Hamburg whilst many architectural highlights have been built. The objective was to create a lively mixture of residential and business buildings and to combine red brick old-school with high-tech-modern style buildings. Most of the newly built houses are inspired by the harbor. Living here is expensive and the infrastructure still lacks a little behind, but it is growing fast. The quarter is very touristic and on most weekends some kind of event is happening. The area is the top for urban singles or couples. A kindergarten and a playground are available - however, the area is not specifically crowded with kids.

Average rental price per m²

12,90 EUR

In this district new rental contracts will be significantly higher than the above average.

Building style ratio

Apartment blocks: 99,4%
Houses: 0,6%


46,5% singles
15,5% families

12,6% < 18 years
11,2% > 65 years

Average Income Level

Hafencity: 81.470 EUR
Hamburg: 35.567 EUR

Immobilienscout24.de & Statistikamt Nord 2014