No, we are not in Disneyland. You can find this building in Mühlweg street and it belongs to the Martin-Luther university. The Mühlweg quarter is besides the Paulus quarter one of the most attractive living areas in the city. Nearby is the Peißnitz island and the river Saale. So it is possible to reach the main recreation area within some minutes.
The lines on the photo are belonging to the tram system. By the way, Halle was the first city in Europe to have a complete tram network.