Acquisition of land in Meggen
Mobimo has acquired a plot of land measuring around 12,000 square metres in Meggen on Lake Lucerne. The plan is to build a development with around 70 condominiums to expand the existing property offering in the region.
The acquired plot on Neueggweg is practically undeveloped and, according to the zoning plan, is in residential zone C. The location is quiet, yet well developed, an advantage for future residents. According to the current planning status, Mobimo will realise a condominium development with around 70 residential units on the site. The project volume amounts to around CHF 120 million. The start of construction is dependent on a mandatory design plan obligation. Completion of the development is scheduled for the end of 2032.
Development pipeline and market environment
With the purchase of the site, the company is substantially expanding its development pipeline for the coming years. Demand for residential property in good locations around Lucerne remains consistently high. The municipality of Meggen is one of the most sought-after residential locations in Central Switzerland and, in addition to its proximity to the city of Lucerne, scores highly for its attractive location and quality of life. Lake Lucerne, the local recreational area around Meggen and the municipal infrastructure further strengthen the location.
Project objectives and outlook
The new development not only offers new living space, but also provides urban development opportunities thanks to the design plan. The process gives architectural firms the opportunity to contribute innovative housing solutions and modern, needs-orientated spatial concepts. The planning takes into account both the desire for attractive green spaces and the requirements for residential density and sustainability.
Several planning steps are still required before the planned completion at the end of 2032. The exact start of construction depends on the development and finalisation of the design plan. The occupancy date will be communicated promptly based on the official procedures and marketing.
The project in Meggen will create new living space, further develop the location and expand the company’s commitment to attractive, sustainable living in Central Switzerland.