The MIPIM Award was presented last night at the world's largest property fair in Cannes. In the category "Best Urban Regeneration Project" the New Old Town triumphed, allowing the coveted prize to return to Frankfurt. The masterplan for the urban development project was developed by schneider+schumacher. As project architects, the office was responsible for coordinating both the planning and execution of all 20 new structures plus the 15 reconstructed buildings. The overall aim was to ensure that communication between parties was always conducted in an appropriate and respectful way - a basic prerequisite, when tackling challenges and problems.