As of: March 18, 2024, 4:27 p.m
By: Ulrike Osman
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The cooperative has filed for bankruptcy.
© dpa
Bad news for Moorenweis: The planned social housing project has collapsed – at least for the time being.
The construction cooperative that wanted to realize the project is in financial difficulties.
Moorenweis - The Maro cooperative, based in Ohlstadt with projects for self-determined and neighborhood living throughout Upper Bavaria, has applied for insolvency proceedings under self-administration at the Munich district court, which has also been approved.
A comprehensive renovation process is now being initiated, says Maro.
The main reason for the insolvency application was a withdrawn financing commitment for a project in Landsham (Ebersberg district). “The lack of funds made it impossible to continue construction for the time being and is putting a considerable strain on the company's liquidity due to upcoming payment obligations,” said Maro.
Planning for Moorenweis
In Moorenweis, the cooperative wanted to build a dementia community, inpatient day care and affordable multi-generational apartments.
The municipality wanted to provide Maro with a leasehold property for this purpose.
Planning drafts are already available.
The local council had decided to change the development plan.
“This decision will be suspended,” announced Deputy Mayor Rudi Keckeis.
Message one blow
For the local politician, the news about Maro's financial difficulties was "a punch in the stomach" that hit the community out of the blue.
According to its own statements, the cooperative wants to maintain its business operations unchanged and stick to new projects.
However, Keckeis says: “The Maro will not be available for the foreseeable future.” And whether the community would continue working with the cooperative even after a successful restructuring is anything but certain.
A lot of trust has been lost, said the deputy mayor.
Printed beforehand
In the current municipal newsletter, which appears on Wednesday (March 19th) and was already printed at the time of the bankruptcy news, he presents the project in the foreword, which the local council and building authority were working intensively on until last week.
Keckeis said that they had visited several of the eleven existing Maro housing projects and six dementia shared apartments in advance and had only heard positive things on site.
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Let it sink in first
A blessing in disguise is that the community “has not yet invested time and manpower, but not a single euro”.
Now you have to let the whole thing sink in.
Keckeis can imagine that the community will then start looking for a new cooperation partner.
In any case, there will be a significant delay in the construction project.
Keckeis estimates that it will take two years to get everything back on track.
He feels particularly sorry for the families who are waiting for inpatient day care in Moorenweis.
You can find even more current news from the Fürstenfeldbruck district at Merkur.de/Fürstenfeldbruck.