16th June 2020
Leipzig was once an industrial city experiencing economic stagnation and deserted by many of its residents after the fall of the Berlin Wall. Today, Leipzig is rising like a phoenix from the ashes to position itself for the future and the forefront of European cities
History of Leipzig
Leipzig’s history of being a trade city dates back to the Holy Roman Empire, as the city sits at the intersection of the Via Regia and Via Imperii – two important medieval trade routes.
Leipzig was once one of the major European centres of learning and culture with a large focus on music and publishing. After the Second World War and during the period of the German Democratic Republic, Leipzig retained its title of being a major urban centre in East German, however the city’s cultural and economic importance declined.
Leipzig is home to Germany’s second oldest university, as well as six universities of applied sciences and 12 other higher education institutions. A close relationship between the research, technology and energy spheres provides Leipzig a competitive advantage both in Germany and beyond.
Living in Leipzig
Located just one hour from Berlin by train, the city is leveraging its strategic location at the heart of Europe. Strong transportation and logistics links and well-educated workforce are building on its industrial and manufacturing roots giving rise to several high-tech and high-growth firms and industries.
In the early 1990s the State of Saxony founded the Saxony Economic Development Corporation whose aim was to drive and increase investment into the region. Leipzig followed suit, creating ambitious plans to promote the city as an investment destination.
Leipzig is already beginning to reap the benefits of investing in and attracting these new, modern technologies to create a sustainable city for the future. Luring back its residents, attracting students, entrepreneurs and creatives, the city is evolving at a remarkable rate to rank among Germany – and Europe’s – most liveable cities.
Moving to Leipzig
Leipzig is a wonderful city and what makes it so extraordinary is the structure of the green belt that surrounds and intertwines the city; providing residents with plenty of possibilities for jogging, hiking, biking, rowing on rivers and canals. Ruststrasse 4, our first development due to complete in Leipzig, is in the picturesque neighbourhood of Kleinzschocher providing easy access to everything the city has to offer.
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