Deutsche Bank Twin Towers
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The Deutsche Bank Twin Towers, also known as Deutsche Bank Headquarters (German: ''Zwillingstürme der Deutschen Bank'' or ''Hauptverwaltung Deutsche Bank AG''), is a twin tower skyscraper complex in the Westend-Süd district of
Frankfurt Frankfurt am Main () is the most populous city in the States of Germany, German state of Hesse. Its 773,068 inhabitants as of 2022 make it the List of cities in Germany by population, fifth-most populous city in Germany. Located in the forela ...
, Germany. Both towers rise to and serve as headquarters for
Deutsche Bank Deutsche Bank AG (, ) is a Germany, German multinational Investment banking, investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. ...
, the largest bank in Germany.


Location

The Deutsche Bank Twin Towers are prominently located at the borders of the city districts of Westend-Süd, the Bahnhofsviertel and the Innenstadt, near a series of baroque-era-fortifications-gone-parks (''Wallanlagen'') and the Opernplatz. This area forms Frankfurts central business district called
Bankenviertel Bankenviertel (; ''banking quarter'') is the name of the central business district in Frankfurt, Germany where many banks, insurance companies, and other financial institutions are located. It is the most important German financial hub, if not o ...
. The twin towers are part of a chain of high-rise buildings at Mainzer Landstraße which stretches from the Opernplatz in the east to the Platz der Republik in the west. The towers have direct access to an underground
S-Bahn The S-Bahn ( , ), , is a hybrid urban rail, urban–suburban rail system serving a metropolitan region predominantly in German language, German-speaking countries. Some of the larger S-Bahn systems provide service similar to rapid transit syst ...
station ( Taunusanlage). The largest man-shaped
monolith A monolith is a geological feature consisting of a single massive stone or rock, such as some mountains. Erosion usually exposes the geological formations, which are often made of very hard and solid igneous or metamorphic rock. Some monolit ...
of the world, created by the Swiss sculptor Max Bill, is located in front of the entrance.


Architecture

The towers were built from 1979 to 1984 originally to house a hotel for the
Hyatt Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational corporation, multinational hospitality company headquartered in the 150 North Riverside, Riverside Plaza area of Chicago that manages and franchise ...
Hotel Group. The buildings were already under construction when Hyatt cancelled its plans and Deutsche Bank decided to locate its headquarters there. The complex consists of three parts: a four-storey base building and the two towers. The buildings are complete reinforced concrete structures with reflective glass facades. In contrast to the neighboring high-rise Trianon, built a few years later, the pedestal of the Deutsche Bank skyscraper adapts to the urban environment. It is lower than the neighboring buildings, but spread out over a large base area. From the center of the plant, between the two towers, stretch on an irregular floor plan three components to the east, southwest and northwest. The towers are irregular trapezoidal shapes, but both feature identical floors plans that have symmetric 45-degree angles arranged from the center of the plant around. The buildings have become a popular backdrop in print media and television as a symbol for the German economy because of the role that Deutsche Bank plays as one of the most important global banking and financial services companies.


Construction

The towers share a foundation slab, which is thick in the middle and tapers towards the edges to . The panel consists of of reinforced concrete. The formation depth is approximately below ground level.


Renovation

In 2006, Deutsche Bank decided that the towers would undergo a major renovation after 22 years due to changes in fire regulations. The renovation took place from 2007 until 2011. The work improved the fire protection systems and replaced the entire climate, water and lighting technology. This reduced energy consumption and CO2 emissions in the building at least 50 percent. A re-glazing with opening windows improved the energy balance further. The goal was to certify the building as a green building according to American standard LEED certification with the highest platinum for existing buildings, and the German seal of approval DGNB. The towers were the first high-rises to be given this certification by the U.S. Green Building Council. For the interior, the Bank chose Milanese architect Mario Bellini. During the work, approximately 2,500 employees were relocated to three other sites in Frankfurt, including the Investment Banking Center near the trade fair. After a three-year renovation period, the Deutsche Bank towers were officially re-opened on 14 February 2011 in a ceremony attended by guests from politics, business and society. Almost 26 years ago to the day, in February 1985, Deutsche Bank’s headquarters at Taunusanlage 12 were formally opened for the first time. Since then, the towers have become landmarks of Frankfurt and symbols of Germany as a financial centre. Josef Ackermann, Chairman of the Management Board of Deutsche Bank AG, explained that “These towers are not just Frankfurt landmarks, they are also trademarks of a Deutsche Bank that is strong, aware of its social responsibility, and globally-oriented but still has its roots in Frankfurt and Germany. These towers stand, in the truest sense of the word, for Deutsche Bank. We are truly at home here.” Prof. Mario Bellini, designer and architect from Milan: “The towers are symbols of a very solid company that has grown over many years, one that is built on strong foundations but at the same time remains highly dynamic.” Deutsche Bank used the renovation of the towers to implement many innovative and progressive ideas, primarily in the field of ecology. For example, the bank has cut its energy supply by a half, water consumption by over 70 percent and CO2 emissions by almost 90 percent, making the new towers one of the most eco-friendly high-rise buildings in the world. The towers received the highest possible certifications of LEED Platinum and DGNB Gold for their resource and energy efficiency. Scot Horst (U.S. Green Building Council) and Professor Manfred Hegger (German Sustainable Building Council) presented the two certificates to Hermann-Josef Lamberti who, as Chief Operating Officer, was the Deutsche Bank Management Board member responsible for the renovation. Petra Roth, Mayor of the City of Frankfurt am Main, emphasized in her welcoming remarks the importance of green and sustainable buildings in urban development. “We are delighted that the modernization of the Deutsche Bank towers has attracted interest worldwide. Frankfurt deserves its reputation as a 'green city' in many ways. This is a goal that we have been working towards for many years, and one that we have further highlighted by applying for the 2014 European Green Capital Award.”


Ownership

In 2007, Deutsche Bank purchased the complex for approximately €271 million from a
closed-end fund A closed-end fund (CEF), also known as a closed-end mutual fund, is an investment vehicle fund that raises capital by issuing a fixed number of shares at its inception, and then invests that capital in financial assets such as stocks and bonds. ...
which owned it since 1984. Estimates say work on the building cost the bank €200 million. In March 2011, the bank announced it would sell the towers to DWS Investments, another closed-end real estate fund owned by the bank's asset-management division for €600 million.


Gallery


In popular culture

* In the second season of ''
Supergirl Supergirl is the name of several fictional superheroines appearing in American comic books published by DC Comics. The original, current, and most well known Supergirl is Supergirl (Kara Zor-El), Kara Zor-El, the cousin of superhero Superman. Th ...
'' the twin towers were used as the
Department of Extranormal Operations Department may refer to: * Departmentalization, division of a larger organization into parts with specific responsibility Government and military * Department (administrative division), a geographical and administrative division within a country, ...
(D.E.O.)


Trivia

* The opposing towers are sometimes jokingly referred to as "Soll und Haben" – "credit and debit".


Skyscrapers in Frankfurt


See also

*
List of tallest buildings in Frankfurt Frankfurt, Germany, is one of the few European cities with a large cluster of high rise buildings in its downtown area. In many other European cities, skyscraper construction was not well received in the past due to the historical value of existi ...
*
List of tallest buildings in Germany This list ranks buildings in Germany that stand at least tall. Only habitable buildings are ranked, which excludes radio masts and towers, observation towers, Steeple (architecture), steeples, chimneys and other tall architectural structures. ...
*
List of tallest buildings in Europe This list of tallest buildings in Europe ranks skyscrapers in Europe by height exceeding . For decades, only a few major cities, such as Milan, Moscow, Istanbul, London, Paris, Frankfurt, Warsaw contained skyscrapers. In recent years, however, ...


References


External links


Deutsche Bank




{{Portal bar, Germany, Architecture Bank headquarters Office buildings completed in 1984 Skyscraper office buildings in Frankfurt Twin towers Bankenviertel Deutsche Bank