15.06.2017

Implenia begins concrete implementation of Werk 1 in Winterthur - Project launched on plot 3 together with strong partners | Investment volume of around CHF 100 million
Dietlikon, 15 June 2017 - Implenia, working with the Winterthur housing cooperatives Gesewo and gaiwo, as well as the Adimora investment foundation, managed by Pensimo Management AG, is building the first property on the Werk 1 site in Winterthur. The three clients are investing a total of around CHF 100 million. With this social housing development, Implenia is delivering a key component of the overall plan for Werk 1. The signing of the contracts gives the green light for the first stage of the successful development of this diverse and sustainable new neighbourhood.

Affordable, sustainable housing and workspace is being created on plot 3 of Werk 1, and the entire site is being built to meet the criteria set out in the SIA's Energy Efficiency Path (2017 edition). It will also be the first certified 2000-Watt site in Winterthur, setting a milestone for sustainable urban development.

"On plot 3 we will see the first actual construction within this development plan, which was approved by the town's citizens. I'm pleased that the four developers are working together on this major residential project, which will provide a broad range of rental, cooperative, owner-occupied and retirement homes," says Winterthur City Councillor Josef Lisibach. For Implenia, this important milestone takes the development project to the next level. Implenia firmly believes that it is creating a sustainable and vibrant neighbourhood with attractive spaces for all to enjoy.

Building permission is expected by the end of the year. Construction will then start in mid-2018. The first residents will move in in 2021.

Mixed-use, sustainable residential properties, from non-profit and affordable housing to owner-occupied apartments, are being built on plot 3. The picture shows the winning project by the Baumberger & Stegmeier Architekten und Kilga Popp Architekten consortium. (Picture: Architects)

Implenia press contact:

Reto Aregger

Head of Communications Group

Tel.: +41 58 474 74 77

communication@implenia.com

Implenia is Switzerland's leading construction and construction services company. It also has strong positions in the German, Austrian and Scandinavian infrastructure markets. Established in 2006, Implenia can look back on around 150 years of construction tradition. It brings the expertise of its highly skilled sectoral and regional units together under the roof of a company active throughout Europe. With its integrated business model and specialists operating in all areas of construction, the Group can manage a building project through its entire lifecycle and deliver work that is economical, integrated and customer-centric. The focus is on striking a sustainable balance between financial success and social and environmental responsibility.

Implenia, with its headquarters in Dietlikon near Zurich, currently employs more than 8,200 people around Europe and posted revenue of around CHF 3.3 billion in 2016. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). More information can be found at www.implenia.com.

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Implenia AG published this content on 15 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 June 2017 07:35:05 UTC.

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