Allreal plans residential development in Riehen
Allreal is planning to build a development of semi-detached houses in the Basel suburb of Riehen. Construction is due to start next year.
Allreal plans to build a development with 17 semi-detached houses for sale as residential property on a site at Inzlingerstrasse 230/Bockrainweg 4. Construction is scheduled to begin in 2022; according to Allreal, the investment volume is CHF 53 million. The first houses should be ready for occupancy from 2024.
The real estate company has acquired the 11,000 sqm plot in 2019. The single-family homes will have 5.5 rooms, and the development will also include an underground garage. The building will be constructed using timber elements and the Minergie-Eco standard. (ah)
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