VZ Depotbank AG and Urban Assets Zug, a subsidiary of Metall Zug AG , have signed a letter of intent for the construction of the new bank headquarters on the area of the Tech Cluster Zug . The Metall Zug Group will provide information on this in a media release . As it says in it, this signature triggers the start of the overall development of the two high-rise buildings CreaTowers East and CreaTowers West.
VZ Depotbank is expected to move into the 40 meter high east tower in 2025. In a second construction phase, the up to 60 meter high west tower is to be built for urban uses and living, among other things. A shared underground car park is planned for both. The architecture competition is expected to be completed in 2021.
According to the Metall Zug Group, the development of the Tech Cluster Zug is “ another big step forward shortly after the project was communicated for SHL Medical AG in November 2020”. At that time , Metall Zug announced that the provider of drug delivery systems would build a combined production and office building on the site.