The first ride on the new Ferris wheel is planned for the reopening of the Spreepark in spring 2027. According to Grün Berlin, the total costs for its refurbishment, conversion and technical equipment, including its surroundings and a water basin, amount to 8.76 million euros. The 220-tonne colossus, which dates back to 1989, was dismantled at the beginning of 2021 and the parts were initially temporarily stored in the park. In the summer of 2024, a total of 300 steel parts were transported to Poland and refurbished in a special workshop. At the same time, new parts were manufactured, such as a new axle and new control technology. The parts have been returning to the park piece by piece since the beginning of September 2025.