The Schäfflerhof is located in the square of Theatinerstraße, Maffeistraße and Schäfflerstraße, opposite the Fünf Höfe and near the Promenadeplatz, in the middle of the Kreuzviertel. It was opened on April 5, 2000. A mix of restaurants, retail, offices and apartments are housed here. The interior courtyard is accessed from three sides and is open to the public, as are the arcades, which blend into the downtown ensemble. With its modern, linear architecture, the Schäfflerhof fits in with the surrounding pedestrian zones and shopping arcades and, with the Five Courts, creates a varied, new pathway through the city center.