Zurich: Small apartments from PWG in great demand
PWG has built an apartment building with affordable apartments at Freihofstrasse 32, 34 in Zurich. Demand is brisk: More than 500 interested parties applied for the 33 compact residential units.
The Foundation for the Preservation of Affordable Housing and Commercial Premises (Stiftung zur Erhaltung von preisgünstigen Wohn- und Gewerberäumen, PWG) of the City of Zurich has built an apartment building with 33 apartments at Freihofstrasse 32, 34; the investment volume amounts to CHF 15.5 million. The special feature: in order to be able to keep rents low, the building, designed by Edelaar Mosayebi Inderbitzin Architekten from Zurich, was conceived without underground parking and with extremely compact apartments. A 4-room apartment measures around 95 square meters on average; the tenants on Freihofstrasse have an average of 33.5 square meters per person. By comparison, residents in the city of Zurich have an average of 39 square meters at their disposal. The concept seems to be well received on the market: according to the foundation, more than 500 interested parties have applied for the apartments. (bw)
