The Steiner Investment Foundation wants to convert the Isola area not far from the center of Breitenbach into a residential and commercial area. The owner of the eleven hectare site has commissioned the construction service provider Steiner AG with this, according to a media release . The residents of Breitenbach are to be included in the development process from next year.
The project developer also wants to open up the Isola area, which is located directly on the Lüssel, to the public. “This can look forward to new, attractive meeting and green areas, which will be created in place of the existing company roads and storage areas”, Stefan Gabriel, team leader for real estate development at Steiner AG, is quoted in the media release.
The new quarter is not intended to compete with the village center, but rather to complement it. An intensive exchange is currently taking place with the Breitenbach municipal administration about the respective ideas and expectations. As a basis for a common understanding of the spatial development of the area, an urban development and open space planning test planning process will also be carried out, according to the media release. Renowned architectural offices and landscape architects would be invited to come up with suggestions.
Construction on the first stage is expected to start in 2029. During the planning phase, however, the company wants to enable interim uses and, if necessary, bring forward individual conversion projects in existing buildings.
The Steiner Invest Foundation, a Zurich-based asset management company for Swiss pension funds and an investment foundation of Steiner AG, acquired the 114,280 square meter area with its largely empty industrial and warehouse buildings in spring 2021.
