Wien 3420 Aspern Development AG
Wien 3420 aspern Development AG is a Vienna-based urban development corporation that coordinates infrastructure, property, and community development for aspern Seestadt, one of Europe's largest urban development areas, serving investors, developers, construction companies, and commercial tenants establishing operations in the district.
- Company typePrivate
- Founded-
- HeadquartersVienna, Austria
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Wien 3420 Aspern Development AG does
Wien 3420 aspern Development AG is a Vienna-based urban development corporation responsible for coordinating the planning, infrastructure, and commercial development of aspern Seestadt, one of Europe's largest urban development areas in Vienna's 22nd district (Donaustadt). Founded in 2004 and structured as an Austrian Aktiengesellschaft, the company is jointly owned by GELUP GmbH (73.4% majority) and ARE Austrian Real Estate Development GmbH (26.6%). It operates as a sparring partner and central coordinator for investors, developers, construction companies, and businesses establishing operations in the Seestadt planning area, which is projected to accommodate over 25,000 residents and 20,000+ educational and employment positions by the 2030s. Governance is led by a two-member board (Vorständin Sabine Müller and Vorstand Robert Grüneis) supported by a multidisciplinary team of approximately 7–10 staff.
The company's revenue derives from real estate development, property management, and infrastructure coordination services — including land acquisition, infrastructural and construction development, property utilization, transportation network coordination, local supply provisioning, property utility connections, and a logistics center for sustainable construction. It also operates Stadtteilmanagement (neighborhood management) on behalf of the City of Vienna's MA25 department. Its product surface combines digital tools — an interactive map (Stadtteilplan), a Seestadt.bot chatbot, Seestadtcam live cameras, Gewerbeflächen commercial listings, and the Nachbarschaftsbudget community-funding platform — with physical community programs such as the Seestädter Loop circular economy events and SeestadtForum. The organization holds a wholly-owned subsidiary, aspern Seestadt Einkaufsstraßen GmbH, which manages retail and shopping streets in the district.
The company's technology stack centers on smart-city and sustainability infrastructure rather than software-as-a-service products. Distinctive technical components include the "Internet of Trees" IoT research project (equipping selected trees with soil moisture sensors for irrigation optimization), sponge-city rainwater management infrastructure, a geothermal project jointly operated with Wien Energie and OMV, and EU Taxonomy-compliant "aspern klimafit" building standards. The company's go-to-market is direct sales-led: it engages investors, developers, and commercial tenants through direct relationship management, the gewerbeflaechen.at commercial-listing channel, and the Einkaufsstraßen GmbH retail-street operations, supplemented by community-building content marketing (Seestadt Stories blog, social media channels, newsletters, and annual events).
Wien 3420 Aspern Development AG firmographics
Firmographics- Name
- Wien 3420 Aspern Development AG
- Legal name
- Wien 3420 aspern Development AG
- Website
- https://wien3420.at
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Wien 3420 aspern Development AG is a Vienna-based urban development corporation that coordinates infrastructure, property, and community development for aspern Seestadt, one of Europe's largest urban development areas, serving investors, developers, construction companies, and commercial tenants establishing operations in the district.
- Ownership category
- akta.pro rank
Wien 3420 Aspern Development AG industry classification
Industry- Product category
- Urban Real Estate Development
- NAICS
- Nonresidential Building Construction (2362), Landscape Architectural Services (54132)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531)
- akta.pro primary industry
- Sustainable Cities, Urban Development & Green Infrastructure (BPADALAL)
Keywords
Where Wien 3420 Aspern Development AG is headquartered
LocationHeadquarters
- HQ city
- Vienna
- HQ country
- Austria
- HQ region
- Europe
Offices2 records
Markets served
Wien 3420 Aspern Development AG business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Real Estate Development and Property Management: The company is responsible for acquiring, managing, infrastructural and construction development as well as utilization of properties in the Seestadt planning area. They coordinate städtebau and infrastructure expansion.
- Infrastructure Coordination Services: Ensuring the Seestadt has everything that makes a modern economic location: from efficient transportation networks to complete local supply, all connections for properties as well as a logistics center for sustainable, efficient, and cost-effective construction.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels11 records
Wien 3420 Aspern Development AG product offering
Product offeringCore offering
Wien 3420 Aspern Development AG is the development corporation responsible for the aspern Seestadt urban development project in Vienna's 22nd district. It acquires, manages, and develops properties; coordinates urban planning (Städtebau) and infrastructure expansion; and acts as a sparring partner for investors, developers, and companies establishing operations in one of Europe's largest urban development areas. The company ensures complete local supply, property connections, and a logistics center for sustainable and cost-efficient construction.
Product overview
Wien 3420 Aspern Development AG operates aspern Seestadt as a large-scale urban development project rather than a traditional technology product company. The organization offers real estate development services, neighborhood management, and community programs. The digital offerings include an interactive map, chatbot service (Seestadt.bot), webcam feeds, commercial space rental, and community initiatives like the Nachbarschaftsbudget and Seestädter Loop events. These services are provided through the aspern-seestadt.at web platform and managed neighborhood services, functioning as urban development management tools rather than software products.
Differentiator
Problem solved
Functional benefit
Products and services
- aspern Seestadt Urban Development Area Large-scale urban development project creating residential housing for over 25,000 people and 20,000+ educational and employment positions in Vienna's northeast district, combining residential, commercial, cultural, and recreational spaces.
- Stadtteilmanagement Seestadt aspern Neighborhood management service providing orientation, information, support, and community facilitation for residents, businesses, and visitors in the aspern Seestadt area, operated on behalf of the City of Vienna's MA25.
- Gewerbeflächen (Commercial Real Estate) Rental and commercial real estate services offering modern offices, retail spaces, and production facilities in the aspern Seestadt area for businesses looking to establish operations.
- Nachbarschaftsbudget (Neighborhood Budget) Funding program that supports community projects and initiatives proposed by Seestadt residents, workers, and students.
Quantifiable outcome
- Over 25,000 residential units and over 20,000 educational and employment positions planned
- +2 more outcomes
Companies that use Wien 3420 Aspern Development AG
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles3 records
Wien 3420 Aspern Development AG technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Wien 3420 Aspern Development AG partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Stadt Wien (City of Vienna)coreThe city of Vienna along with strong partners from business and politics stands behind the aspern project. The Stadtteilmanagement operates on behalf of the city's technical urban renewal department (MA25).
- tatwort Nachhaltige Projekte GmbHminorPart of the project consortium for Stadtteilmanagement (neighborhood management) along with sandbichler architekten and Evangelisches Diakoniewerk Gallneukirchen
- sandbichler architekten ZT GmbHminorPart of the project consortium for Stadtteilmanagement (neighborhood management) along with tatwort and Evangelisches Diakoniewerk Gallneukirchen
- Evangelisches Diakoniewerk GallneukirchenminorPart of the project consortium for Stadtteilmanagement (neighborhood management) along with tatwort and sandbichler architekten
- Wien EnergieminorProject partner in the geothermal project with OMV that successfully completed its test phase showing significantly greater potential than initially assumed
- OMVminorProject partner with Wien Energie in geothermal project successfully completing test phase with greater potential than anticipated
- Wiener NetzeminorProject partner in the Internet of Trees research project alongside Wien 3420, immOH, MA 42, and Stadt Wien
- immOHminorProject partner in the Internet of Trees research project alongside Wien 3420, Wiener Netze, MA 42, and Stadt Wien
- Franz&Sue ZT GmbHminorArchitecture firm whose design won the competition for the new AHS-Sonnenallee school location in the Seestadt
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Wien 3420 Aspern Development AG competitors and assessment
Company assessmentDirect peers
- HafenCity Hamburg GmbH: Public-backed GmbH managing HafenCity in Hamburg, Europe's largest inner-city brownfield urban development project. Highly comparable in mandate (coordinating master development, infrastructure, and mixed residential-commercial-cultural uses), geography (Austria/Germany), and public-private governance model.
- ARE Austrian Real Estate Development GmbH: Austrian federal real estate development company and 26.6% owner of Wien 3420. Operates a similar public-mandate development model focused on large-scale mixed-use sites and partnership projects, sharing stakeholders and regulatory exposure with Wien 3420.
- BIG Bundesimmobiliengesellschaft: Austrian federally-owned real estate company that develops, manages, and leases large public-purpose property portfolios. Comparable as a publicly-mandated development and asset-management vehicle operating in the same Austrian regulatory and capital environment.
Emerging players
- IBA Hamburg GmbH: International building exhibition and urban development vehicle in Hamburg, operating with a comparable time-bounded mandate focused on model projects in housing, climate, and infrastructure. Smaller in absolute footprint than aspern Seestadt but analogous in mission-driven urban development model.
Broad incumbents
- S IMMO AG: Vienna-listed real estate investment company with Austrian and CEE residential/office exposure. Comparable as a publicly-traded Austrian real estate operator, though commercially-led rather than publicly-mandated.
- CA Immobilien Anlagen AG: Vienna-listed commercial real estate developer and investor with significant office and mixed-use exposure in Austria and CEE. Comparable as a publicly-traded Austrian peer in the urban/commercial development space, though not a project-specific SPV.
- Wirtschaftsagentur Wien - Ein Fonds der Stadt Wien: Vienna's city-owned business and innovation agency that promotes company formation and location development across the city. Broader scope than aspern Seestadt, but uses the same public mandate, Vienna policy alignment, and tenant/acquisition playbook.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Wien 3420 Aspern Development AG social profiles
Digital presenceWien 3420 Aspern Development AG financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wien 3420 Aspern Development AG leadership team
Management profileNumber of profiles
Profiles5 records
Wien 3420 Aspern Development AG subsidiaries and ownership
Company hierarchySubsidiaries1 record
Wien 3420 Aspern Development AG funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wien 3420 Aspern Development AG M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wien 3420 Aspern Development AG
What does Wien 3420 Aspern Development AG do?
Wien 3420 Aspern Development AG is the development corporation responsible for the aspern Seestadt urban development project in Vienna's 22nd district. It acquires, manages, and develops properties; coordinates urban planning (Städtebau) and infrastructure expansion; and acts as a sparring partner for investors, developers, and companies establishing operations in one of Europe's largest urban development areas. The company ensures complete local supply, property connections, and a logistics center for sustainable and cost-efficient construction.
Is Wien 3420 Aspern Development AG a public or private company?
Wien 3420 Aspern Development AG is a private company. It is classified as corporate owned and is currently operating.
When was Wien 3420 Aspern Development AG founded?
Wien 3420 Aspern Development AG was founded in -1. It employs 1 to 10 people.
Where is Wien 3420 Aspern Development AG based?
Wien 3420 Aspern Development AG is headquartered in Vienna, Austria, in the Europe region.
How does Wien 3420 Aspern Development AG make money?
Two revenue lines are on record. Real Estate Development and Property Management is the primary driver. The others are infrastructure Coordination Services.
Who are Wien 3420 Aspern Development AG's main competitors?
Direct peers on record are HafenCity Hamburg GmbH, ARE Austrian Real Estate Development GmbH and BIG Bundesimmobiliengesellschaft. IBA Hamburg GmbH is listed as an emerging player. Broad incumbents are S IMMO AG, CA Immobilien Anlagen AG and Wirtschaftsagentur Wien - Ein Fonds der Stadt Wien.
Does Wien 3420 Aspern Development AG have an API?
No public API is recorded for Wien 3420 Aspern Development AG.
What industry is Wien 3420 Aspern Development AG in?
Wien 3420 Aspern Development AG's product category is Urban Real Estate Development. Its primary akta.pro industry code is BPADALAL, Sustainable Cities, Urban Development & Green Infrastructure. Its NAICS code is 2362 and its SIC code is 6552.