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.
A referendum was held on 26 November 2023 with a 2/3 majority in favour. The neighbourhood plan, which includes a change of use of the area, was obtained. 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