In the autumn of 2007 the design plans were submitted to the relevant authorities of the City of Frankfurt am Main, which then granted partial building permission on 22 October of that year. This meant that the preliminary construction works could be started in the first quarter of 2008. On 6 May 2008 Petra Roth, Lord Mayor of the City of Frankfurt am Main at the time, granted full building permission to Jean-Claude Trichet, the then President of the ECB.
After the successful conclusion of a tendering procedure, in which the construction works had been divided into packages and lots, the main construction works were launched in spring 2010. The foundation stone for the high-rise was laid on 19 May 2010. Alongside the works on the high-rise, work began on the extensive restoration of the Grossmarkthalle and the construction of its new internal buildings. Just over two years later, on 20 September 2012, a topping out ceremony was held to mark the completion of the main structural works. Work then continued on mounting the facade panels on the high-rise and fitting out the interior of all the building elements, including the installation of the technical infrastructure.
The overall design concept for the ECB’s new premises included the landscaping of the industrial site surrounding the Grossmarkthalle. The idea was to create a diverse parkland area for which the river Main was a major inspiration.
The new ECB premises were completed and operations commenced in 2014.