Audi AG announced March 10 that IN-Campus GmbH, its joint venture with the German city of Ingolstadt, has begun converting a former crude oil refinery site into a technology park.
The site spans 75 hectares, 60 hectares of which will be used as a commercial and industrial park and the remaining 15 hectares restored to a natural landscape.
The first structure that will be built in the area is "the project house," a 42,000-square-meter complex made up of four buildings. The project house will serve as office and workshop space for about 1,400 Audi employees and partner companies, and development work is expected to begin in late 2020.
The project house is part of the IN-Campus site's construction section 1, which is expected to be complete by 2023. The section includes a vehicle safety center, an IT center, a function building, a fire department and an energy center.
The Volkswagen AG unit added that renovation work began in 2016 and is anticipated to finish by the end of 2022. The initial construction phase of the project is ongoing and the official laying of the cornerstone for the site will be in May.