Otto Schnitzenbaumer

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Otto Schnitzenbaumer (born May 1, 1922 in Augsburg ; † December 29, 2012 in Herrsching am Ammersee ) was a German real estate entrepreneur .

Life

After attending the commercial high school, Schnitzenbaumer completed an apprenticeship at the Lanz agricultural machinery factory in Mannheim . After the Second World War , in which he was deployed in the air defense and in the air force , he joined his father's agricultural machinery business. Under his leadership, the company became the largest of its kind in Germany and in the early 1970s it achieved annual sales of 70 million DM . His public reputation was mainly determined by the expansion of business activities into the real estate sector, which began in the early 1960s, through which he became known as one of the German “ building lions ” with spectacular projects .

Schnitzenbaumer was married and had three sons. He died on December 29, 2012 in his house in Herrsching, where he had already acquired and rebuilt the now listed Wartaweil Castle in the 1960s. His grave is in the Hermanfriedhof in Augsburg.

Business activities

In 1959 Schnitzenbaumer expanded the activities of the agricultural machinery business he had taken over from his father to include real estate and by 1973 had built apartments, hotels and shopping centers for 700 million marks. Schnitzenbaumer was very open to innovative building and usage concepts and took corresponding risks. In 1971, with an investment of 40 million marks, he built the Augsburg hotel tower as Europe's tallest hotel building at the time and Germany's tallest prefabricated building. The sale to the Augsburg textile entrepreneur Hans Glöggler failed in 1974 because he could not pay the purchase price. After the building had fallen back to Schnitzenbaumer and the latter also had financial difficulties, it was foreclosed in 1980. Other buildings in Augsburg that Schnitzenbaumer had erected include the Kaiserhof 2000 on Königsplatz (now the seat of the Stadtsparkasse ) and the so-called Glöggler high-rise (also known as the exhibition and office center) at the university . In the 1970s, he directed the then well-known Moby Dick disco (now the Circus disco).

The Schwabylon entertainment center in the Schwabing district of Munich is considered to be his most spectacular building project . The facility required an investment of 160 million marks and received a lot of attention because of its unusual architecture and design. The project was not a commercial success, closed after around a year and abandoned in 1979 in favor of an administration building.

He worked closely with the Hessische Landesbank to finance the Munich construction project, which in addition to the Schwabylon also included office and living space in adjacent buildings, and because of this, and because of his contacts, became President Wilhelm Hankel - who made his honeymoon to the Seychelles at Schnitzenbaumers Invitation spent - related to the Helaba scandal .

Schnitzenbaumer was the most important German franchise partner of the American hotel chain Holiday Inn when it entered the German market. In April 1971 he built the first German Holiday Inn on Munich's Leopoldstrasse (demolished in December 2012) and in 1973 ran three Holiday Inns with project agreements for three further hotel complexes.

Web links

Individual evidence

  1. ↑ Obituaries
  2. ↑ Hermann Bößenecker: The Lord of Schwabylon ( Memento of 16 July 2010 at the Internet Archive ) period from December 10, 1971
  3. ↑ Dominik Mai: Der Himmelsstürmer , Augsburger Allgemeine Zeitung of January 6, 2013
  4. ↑ Bund Naturschutz on the history of Schloss Wartaweil
  5. ↑ We feel the bankruptcies close , Der Spiegel 29/1973
  6. ↑ Dominik Mai: Der Himmelsstürmer , Augsburger Allgemeine Zeitung of January 6, 2013
  7. ↑ Always trouble with the pop bunker , January 25, 1974
  8. ^ Swiss grinding Schwabylon , July 29, 1977
  9. ^ Section by Schnitzenbaumer , time of October 22, 1971
  10. ↑ Colorful bunker for millions , October 12, 1973
  11. ^ Hotels: Struggle for Guests and Congresses , Der Spiegel 44/1973
personal data
SURNAME Schnitzenbaumer, Otto
BRIEF DESCRIPTION German real estate entrepreneur
DATE OF BIRTH May 1, 1922
PLACE OF BIRTH augsburg
DATE OF DEATH December 29, 2012
Place of death Herrsching am Ammersee