Until now, Reinickendorf has had a reputation of being one of the most affordable places to live in Berlin. However, the closure of Tegel Airport is likely to drive up prices for two reasons. Things got a great deal quieter in many of Reinickendorf’s subdistricts in the northwestern part of the capital. Another reason is that ambitious plans are in process to create new neighbourhood at the site of former Airport. Some 5,000 apartments will accommodate up to 13,000 people. The “Schumacher Quartier” will link to neighbouring residential areas. And thus ensure that they too will experience an improvement to social infrastructure and public spaces.
Several new buildings add to the former airport terminals. This is to create a new commercial and industrial park and a research campus. This will house, among other things, a university, a conference centre and a start-up centre. A construction plan for a key section of this “Urban Tech Republic”, as the site is famous, was complete in December 2021, and modernisation and construction activities can begin in 2024.