In Dresden's Friedrichstadt district, the social funds of the construction industry (SOKA-BAU) have completed the newly built Lyra-Quartier project. Three interconnected building sections comprising a total of 131 rental apartments and one commercial unit were constructed on a site of around 4,160 square metres. For the institutional client, the scheme represents its third large-scale residential development in the Free State of Saxony.
This commitment follows earlier activities in Leipzig, where SOKA-BAU handed over the Leipziger RiebECK project with 185 residential units last year, after having already completed a new-build complex with 131 apartments on Gerichtsweg in 2021. With the quarter in Dresden, the institution is purposefully expanding its portfolio of East German rental housing in an established urban location.
Differentiated apartment mix and fit-out criteria
The apartment sizes in the Lyra-Quartier encompass floor plans ranging from two to four rooms. One-fifth of the total supply is designed as accessible housing to cater for different stages of life. The distribution of units is structured as follows:
- —80 two-room apartments with living spaces of approximately 45 to 65 square metres
- —45 three-room apartments with living spaces of approximately 70 to 85 square metres
- —6 four-room apartments with approximately 90 to 102 square metres, including two maisonette units
- —1 commercial unit on the ground floor with around 107 square metres of usable space
All residential units feature fitted kitchens including dishwashers, underfloor heating, designer vinyl flooring, and porcelain stoneware tiles in the sanitary areas. Triple-glazed uPVC windows with electric roller shutters ensure building thermal insulation. Almost every apartment is equipped with a balcony or terrace, whilst the two maisonette flats each offer two outdoor exits. Lifts serve all floors from the basement to the top storey. The courtyard, secured from the outside by a gate, provides play and recreational areas as well as bicycle parking spaces.
Infrastructure and letting conditions
The quarter connects directly to Wilsdruffer Vorstadt and the Innere Altstadt. The banks of the Elbe and the historic city centre are a few minutes away by bicycle. A tram stop at Schäferstraße 57 provides a journey time of around five minutes to Dresden Central Station; in addition, connections exist to the A4, A13, and A17 federal motorways. In the basement, an underground car park provides 84 car parking spaces, including 21 pre-equipped for electric mobility and four designed for disabled access, at an average monthly rent of 100 Euro.
Marketing of the apartments and the commercial space, which is in upgraded shell condition, began in October 2026, with the move-in date for the first tenants scheduled for 1 December 2026. Net cold rents currently range between 14.50 and 16.50 Euro per square metre and are continuously adjusted to market conditions.
