HRS develops the Rosentalturm in Basel for MCH

HRS Real Estate is to take over the overall management of the Rosentalturm project for further project development, the search for and selection of investors, as well as realisation and marketing, MCH Messe Basel has announced. The two companies have signed a cooperation agreement to this effect. HRS and MCH have already worked together in the past, on the realization of Exhibition Hall 1 South.

First of all, a project competition will now be held to find an "architecturally high-quality and economical project with a convincing overall urban development concept," as MCH Messe Basel writes in a statement. Seven architectural firms have been invited to participate, including Herzog & de Meuron and Morger Partner Architekten, who were also involved in the test planning.

MCH Messe Basel plans to demolish the multi-storey parking lot on the exhibition site and build a high-rise building, the Rosentalturm, instead. The parking spaces are to be relocated to several basement levels. A total of 48,000 square meters of gross floor area will be created, with at least 40,000 square meters earmarked for apartments. This will include residential units for all ages and household sizes, MCH said. Commercial uses are to occupy the remaining space, with the exhibition company citing locally based SMEs and neighborhood-related uses in particular. Originally, a hotel was also planned in the Rosentalturm, but there is no longer any talk of this.

The results of the project competition should be available in the fall of 2022, and construction of the Rose Valley Tower is expected to start in the summer of 2023. (ah)