In 2003, Bayerische Hausbau Development completed the Alsterdorfer Winkel residential development project on the banks of the Alster, where a lake, which is actually a river, meanders past old willow trees. Forty-three condominiums were built according to the buyers' wishes on a site situated close enough to the city center to feel the heartbeat of the metropolis but far enough away to escape the hustle and bustle of the city: 24 individually designed apartments, eight penthouses with floor-to-ceiling windows and 11 two-storey "house-within-a-house " apartments that have separate entrances, basements, hobby rooms and gardens – just like townhouses.
