First Vienna Residential Market Report 2023

Ringing the changes in the south

Inzersdorfer Schubertpark

RIVUS VIVERE / BUWOG

Growth potential and urban development

The Twenty-Third District is situated along the banks of the river Liesingbach in southwestern Vienna between the Vienna Woods to the west and the Vienna Basin to the east. The Liesing district is highly varied with industrial areas such as Inzersdorf, Atzgersdorf, and Liesing itself, as well as more rural parts such as Rodaun, Mauer, and Kalksburg. The Twenty-Third District is also in high demand as a residential area due to its large share of green space, many opportunities for local recre- ation, and convenient public transport connections by metro, regional railway, and motorway. As with many other districts, Liesing shows major variation in its general aesthetic in the individual quarters. The large residential complexes in Siebenhirten and Erlaa, especially the well-known listed buildings of the Alt-Erlaa residential complex, contrast with the many single-family houses and villas in the idyllic wine-tavern neighbourhoods of Mauer, Rodaun, and Kalksburg. Extensive housing estates have been constructed between the historic district centres and numerous industrial companies based here. The district’s proud industrial heritage has left Liesing with plenty of development space for high-volume residential construction. The potential for densification is being tapped into in many places, one prominent example being the area around

Breitenfurter Straße. The major RIVUS project on the site of the former Unilever factory between Liesingbach and Breitenfurter Straße is one such example. RIVUS VIVERE completed in early 2023 was the final part of the residential quarter with around 850 residential units, commercial space, educational institutions, and local shops and services. The district’s attractiveness has been boosted by ongoing urban development as reflected by the Biotop-Wildquell project in Atzgersdorf. New (subsidised) housing and a three-hectare park will emerge on the former Wildschek paint factory site. The main focus of this project is on sustainability, resource conser- vation, and climate neutrality. A new residential area with around 620 new apartments including some 280 subsidised rental and SMART apartments is also under development on Rösslergasse. The area forms a kind of entryway to the large In der Wiesen Mitte urban development area, which should be completed by 2030. A multitude of new projects will be addressing the ongoing heavy demand for living space in the district. KleeLiving on Breitenfurter Straße, KH:EK:51 on Korbgasse, Willi 23 on Willergasse, and Kult 23 on Gastgebgasse are some of the small and medium-sized development projects in the district.

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