Helvetia invests in the RhyTech quarter
Halter AG is realizing the RhyTech quarter on the former Alusuisse site in Neuhausen am Rheinfall. Two high-rise buildings and an apartment building will be built and the historic Hall 22 will be rebuilt. Helvetia Insurance will invest in one of the high-rise buildings.
The RhyTech quarter, which consists of two high-rise buildings, an apartment building and the converted historic Hall 22 of the former Alusuisse area, is intended to combine public and private uses, said Halter AG in a press release . The Zurich-based construction company will implement the RhyTech quarter as a general contractor. Construction work is scheduled to begin in November this year. Completion and occupancy of the quarter are targeted for the first quarter of 2024.
The general contractor Helvetia Versicherungen was able to win over an investor for the smaller of the two high-rise buildings. The insurance company will realize the planned apartments as rental apartments and also market the restaurant on the 17th floor, explains Halter. "The project is perfectly tailored to the market environment and offers a sustainable investment in an up-and-coming community in the Schaffhausen region", Daniel Wehrli, the responsible project manager at Helvetia, is quoted in the press release. According to her, a tenant has already been found for the restaurant in the high-rise.
The second high-rise and the apartment building are designed as condominiums. Of the 96 condominiums in the high-rise building, 39 and around a quarter of the apartments in the multi-family house are already taken, writes Halter. In view of the reference date, which is around three years away, this is "a very good reservation status", says Halter CEO Markus Mettler. In addition, Halter has already been able to win Migros as anchor tenant for Hall 22.