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Spreitenbach AG – Credit Suisse Real Estate Fund Interswiss will build two new apartment buildings in Spreitenbach. A public park will be located between the nearly 100-metre high buildings.

The two new high-rises buildings will have 31 storeys and 30 storeys respectively, reports the Tages-Anzeiger. The two new buildings, as well as a seven-storey building, will house around 500 new apartments. The owner Credit Suisse Real Estate Fund Interswiss anticipates investment costs of over CHF 200 million.

The majority of the apartments will be rental units. Space for cafés and other services are also planned for the high-rise buildings, according to the owner.

“By building high-rise buildings, it’s possible to create for the residents of Spreitenbach a park and open urban areas around and between the buildings,” said Raymond Rüttimann, manager of development and construction at Real Estate Investment Management of Credit Suisse.

The park and new buildings will provide Spreitenbach with a newly designed city centre, which will bring the different districts together. “By developing the centre, we will get a city centre with an urban quality that connects to our town – this is very important for a lively municipality,” said the mayor Valentin Schmid.

For the canton of Aargau, the development of the centre is in line with the new spatial planning law since the residential development does not take place at the edge of the city but rather in locations that are well served by transport.