Zug: Losinger Marazzi builds on LG site
An initial sub-project on the site to the west of Zug railroad station envisages rental apartments and office space.
The Landis & Gyr site in Zug is to be transformed from an industrial location into a trendy quarter. The real estate developer and total contractor Losinger Marazzi has been commissioned by one of the landowners to convert two existing buildings at Zählerweg 3-9 and Gartenstadt 2a into apartments and service areas as a first step. The remediation of the contaminated sites has just begun, according to the company. The two buildings are scheduled to be occupied in 2026.
Losinger Marazzi signed the TU work contract at the end of 2023. The client is a real estate fund of Credit Suisse Asset Management (Schweiz) AG. The official start of construction for the conversion is expected to take place at the end of 2024 once the remediation work has been completed. The building on Zählerweg is a listed building. The majority of the apartments there will be rental apartments and the first floor will be used for public spaces. New office space is planned for the Gartenstadt 2a building. The handover to the new tenants of the two existing buildings is planned for 2026.
The LG site is the former headquarters and production site of Landis & Gyr. It is located directly west of Zug railroad station. The legal basis for the district development will be a development plan, which should become legally binding in 2026. The first conversions of existing buildings from the industrial era into apartments and service areas are already possible before then.
Circular economy should be a top priority
Losinger Marazzi has commissioned the service provider Zirkular to take an inventory of the two existing buildings so that components and materials from the buildings can be reused in the project or in other projects. "For example, it is already clear after a building physics test that many raised floor panels can be reused," writes Losinger Marazzi. The site's energy supply is to be provided by a new energy center that draws heat from the water of Lake Zug. Photovoltaic systems are also planned for the roofs of the existing buildings to be renovated. (aw)
