'Al Gaasperech' means old Gasperich.
The name points to the old village of Gasperich. It is first mentioned in 1083, when Count Conrad I gave Altmünster Abbey land there. The Thirty Years’ War emptied the village completely, but it recovered: the 1806 census counted 18 houses with 98 inhabitants. In 2023 the quarter passed 10,000 inhabitants.