million euros to build and provides space for around 700 cars. The opening took place on 26 November 2010. At the same time, the Senate narrowed from almost wide to wide (), thus reducing it to three lanes in each direction. Behind the station, next to the CUBIX cinema in the immediate vicinity of the TV tower, the high residential and commercial building, Alea 101, was built between 2012 and 2014. As of 2014 it as assessed that due to a lack of demand the skyscrapers planned in 1993 were unlikely to be constructed. In January 2014, a 39-story residential tower designed by Frank Gehry was announced, but this project was put on hold in 2018. The area is the largest area for crime in Berlin. As of October 2017, was classified a ("crime-contaminated location") by the (General Safety and Planning Laws). Today and future plans Despite the reconstruction of the tram line crossing, it has retained its socialist character, including the much-graffitied , a popular venue. is reputedly the most visited area of Berlin, beating Friedrichstrasse and City West. It is a popular starting point for tourists, with many attractions including the (TV tower), the Nikolai Quarter and the ('Red City Hall') situated nearby. is still one of Berlin's major commercial areas, housing various shopping malls, department stores and other large retail locations. Many historic buildings are located in the vicinity of . The traditional seat of city government, the , or 'Red City Hall', is located nearby, as was the former East German parliament building, the . The was demolished from 2006–2008 to make room for a full reconstruction of the Baroque Berlin Palace, or , which is set to open in 2019. is also the name of the S-Bahn and U-Bahn stations there. It is one of Berlin's largest and most important transportation hubs, being a meeting place of three subway () lines, three lines, and many tram and bus lines, as well as regional trains. It also accommodates the Park Inn Berlin and the World Time Clock, a continually rotating installation that shows the time throughout the globe, the House of Travel, and 's (House of Teachers)'. Long-term plans exist for the demolition of the high former (now the Hotel Park-Inn), with the site to be replaced by three skyscrapers. If and when this plan will be implemented is unclear, especially since the hotel tower received