The project is set to begin construction in late autumn of this year with a total budget of 65 million Euros. The building is a projected 24 stories high with an overall floor area of 19500m^2 being built on a 4000m^2 lot in Vienna. The current name of the project is "HoHo," how this name was derived is still unclear for the moment. Initial design releases indicate the project will be a hybrid timber-concrete system with 75% of the construction material being European wood fibre. The architect is Rüdiger Lainer + Partner ZT GmbH, paired with the engineer RWT + ZT. A two year build time is anticipated for the project which is uncommonly long for modern timber construction. Possibly this time accounts for testing and approval processes which will become more clear as the office development moves forward.
Edit: HoHo stands for Holzhochhause Wien.
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