View from a boat.
On 2 April 2007, the foundation stone was laid in the warehouse Kaispeicher by architect Pierre de Meuron.Estimated Cost €241 completion date 2010.
In November 2008, estimated Cost was adjusted to €450 million.
In August 2012, the cost were re-estimated to be over €500 million.
As of December 2014, construction work is scheduled to end in October 2016 at a cost of €789 million, with an announced opening date of 12 January 2017.
The easternmost part of the building will be rented by Westin Hamburg hotel,
scheduled to open in October 2016.
The upper floors west of the concert hall will accommodate apartments.