Versatel_building
Versatel building
Former building in Stuttgart, Germany
The Versatel building was a building in Stuttgart which was demolished in 2011, having stood vacant for over 3 years.[1] Stuttgart mayor Wolfgang Schuster referred to the building as an "urban sin".[2]
The building was an office building erected in 1966, situated in central Stuttgart and consisted of 13 storeys and 3 underground storeys.[3]
In July 2007, Carlyle Group bought the building from EnBW,[4] with the intention of demolishing it and redeveloping the site after Versatel's lease ended in 2009.[5] Demolition of the building began in October 2011.[6] Schuster commented on the buildings demolition by expressing being pleased regarding the buildings demolition.[7] The Carlyle Group plan to replace the building with an eleven-story office building, to be called "Citygate".[8]