In October 2015, the Patrimonium Swiss Real Estate Fund and the Patrimonium Investment Foundation acquired the old weaving mill in Baar. It is Switzerland’s oldest weaving mill – and a listed building – and it shares the approximately 47,000 m2 plot with a shopping centre. As part of an ongoing development project, the shopping centre will be knocked down and the area around the listed building will be redeveloped and built up.
The process of obtaining the neighbourhood plan is underway, which includes a change of use of the area. A referendum was held on 26 November 2023 with a 2/3 majority in favour. The project will be carried out in two stages, with completion scheduled for 2028 for stage 1 and 2031 for stage 2. In the end, around 370 flats, a hotel and 33’000 m2 of commercial space will be created.
(Web site: www.spinnereilorze.ch)
Haldenstrasse
6340 Baar