Site Redevelopment back

With the acquisition of the FCA Switzerland SA site at the end of September 2019, HIAG has secured an attractive redevelopment site in the up-and-coming Altstetten district of Zurich. The approximately 7,800 m² property is located in the five-storey residential zone and will allow high-quality development with around 16,000 m² of floor area. In the medium term, there is potential for the future use of attractive residential and commercial areas. HIAG has already concluded a preliminary contract with a retailer to lease approximately 1,800 m² of ground floor surface area. For the time remaining until the beginning of site redevelopment, a temporary use has been agreed with the Binelli Group. The car dealership with the premium brands BMW and Mini will seamlessly lease the entire site for a minimum period of three and a half years after FCA Switzerland has moved out. It will operate a service centre and a Mini showroom on Freihofstrasse during the renovation of its own premises on nearby Badenerstrasse. HIAG will push forward with site redevelopment during the temporary use phase.

Areal Zürich Altstetten
Altstetten.svg
switzerland-without-lakes.svg
Total surface area:
7’800 m²
Development usable area:
12’900 m²
Project status:
  • Acquisition
  • Planning
  • Creation
  • Occupancy
Site developer:
Alex Römer