Village in the Third + Construction Area 13 + First Occupancy + Freehold Apartments + Urban District in the Third

Living in the Village in the Third

In the third district of Vienna, the Village in the Third is being developed as a new piece of the city – one of the largest urban development areas in Vienna. Covering over eleven hectares, ARE Austrian Real Estate, together with the City of Vienna and wohnfonds_wien, is creating a vibrant, almost car-free neighborhood with around 2,000 apartments, office and commercial spaces, childcare, educational institutions, and local supply.

The green heart is formed by the Bert-Brecht-Park, which spans over 2 hectares – an oasis for relaxation, meeting, and play. All roofs that are not accessible will be greened. Sharing offers, shopping facilities, and gastronomy are right at your doorstep. Sustainability, short distances, and high quality of life are the guiding principles of this new district.

With the slogan "urban daheim," Construction Area 13 embodies this idea in a special way: modern architecture, diverse open spaces, hobby rooms, and communal areas – living in the heart of Vienna with a strong urban identity and high comfort.

ARE is one of Austria's largest real estate companies and has already realized some of Vienna's most significant construction projects – including the restoration of the historic Palais Epstein on the Ring and the iconic TrIIIple Towers on the Danube Canal. The Village in the Third joins this series of innovative projects.

Energy for the future.

A modern energy network ensures that the individual buildings in the Village in the Third are interconnected and energy flows are efficiently controlled. Construction Area 13 is also part of this innovative network – one of the most modern forms of sustainable district supply.

Geothermal probes in combination with heat pumps provide energy for heating in winter and for cooling in summer.

Photovoltaic systems on the roof generate renewable electricity.

Underfloor heating in the ground floor and component activation in the upper floors (via the respective ceiling above) ensure a balanced indoor climate.

Controlled ventilation with heat recovery ensures a continuous supply of fresh air.

District heating connection supports supply during peak times and hot water preparation.

This creates a combination of comfort, innovation, and ecological responsibility – a clear added value for residents.

Architecture that lives urbanity.

Construction Area 13 comprises three building structures that are connected by a common base floor:

OPS 12 Stg. 1+2: five upper floors

OPS 12 Stg. 3: eight upper floors

HGP 5: ten upper floors

A total of 143 freehold apartments with living areas between approximately 45m² and 110m² and 2-5 rooms will be created, as well as 2 commercial units. Additionally, 10 hobby rooms will be available for purchase. The compact building form largely ensures that apartments are illuminated from two sides and each has two outdoor spaces:

• an open space room with movable perforated sheet elements for privacy and shading
• a covered balcony with glass railing

Dry-footed, one can access the two rear buildings from the main entrance in Otto-Preminger-Straße via the central covered corridor leading to the Hilde-Güden-Promenade and the direct access to the park. The corridor is widened with generous openings to the atrium courtyards, which are illuminated and ventilated from above. The underground parking and bicycle garage, waste room, and stroller storage rooms are also accessible directly via this central corridor. Additional entrances at the park level allow for good pedestrian accessibility from all directions.

Architectural highlights

The architecture combines urban clarity with a homely atmosphere – ideal for those who want to live in the city yet appreciate retreat spaces.

• Atrium courtyards bring light and air into the building interior
• Brick facade with glazed balconies – high-quality, modern, and characterful
• Vertical greening, green access corridors, and planted inner courtyards create a pleasant outdoor atmosphere.
• Bicycle garage with level access from the street

The architecture combines urban clarity with a homely atmosphere – ideal for those who want to live in the city yet appreciate retreat spaces.

Living quality down to the detail.

Every apartment is designed to flexibly adapt to the daily life of its residents – functional, high-quality, and with a feel-good factor.

Overview of features

• High-quality material concept: parquet, designer tiles
• Several selectable equipment packages (“Bundles”)
• Floor-to-ceiling wood-aluminum windows – for light-flooded rooms, external sun protection
• Balconies as open space rooms with movable perforated sheet elements
• Skylights in bathrooms of the penthouse apartments
• Door heights of approximately 2.20 m
• Concealed fittings in bathrooms & showers
• Generous bathtubs and floor-level showers, electric towel dryers
• Security: entrance doors WK3, ground-level accessible windows as burglary-resistant windows RC2n and provisions for alarm systems, video intercom
• Decentralized residential ventilation with heat recovery
• Optionally purchasable hobby rooms (from approximately 15 to 40 m²)
• Purchaseable parking spaces for e-bikes with lockable boxes and cargo bikes
• Overview
• 143 freehold apartments
• 2 commercial units
• 10 hobby rooms (optional for purchase)
• 92 underground parking spaces (access via BP 14A; also suitable for charging with lockable sockets)
• 338 bicycle parking spaces, 3 parking spaces for cargo bikes, and 6 lockable bicycle boxes with charging function – additionally purchasable
• Party room, community room, kids zone, youth playground, laundry room
• Mostly generous outdoor spaces
• Completion: Summer 2027

This property is a buy-to-let apartment that is purchased for rental purposes. The stated purchase price is therefore net plus 20% VAT.