The centerpiece of the new urban district is the former Grunewald freight yard. The new construction project is to be undertaken by Howoge, the state-owned housing company. The urban district is still a long way off. According to Gaebler, further development is planned for the next ten years. The site of the former freight yard would also be an ideal location for an Olympic Village, Gaebler said - in the event that Berlin were to become the host city for the Olympic or Paralympic Games. A great deal depends on this for the further planning of the construction project. The bid for the Olympic Games could certainly inject momentum into the development, Gaebler said.