Since 2012 the Karl Schlecht Foundation (KSG) acquires profitable real estate objects throughout Germany and will realize own building projects in the next few years.
One of these construction Projects is the so-called Parkaden in Tübingen and the other one the music school in Filderstadt.
Karl Schlecht`s motivations for such a major financial commitment can be found in SM 130211.
Based on the results of a public meeting held on this topic on 22 Januar 2014 the Karl Schlecht Foundation made the decision to withdraw from the Project.
More details can be found in the press release of the city of Tübingen (27 January, 2014) and in the article from the Stuttgarter Zeitung (28 January, 2014).
Details in the following section