25-Oct-2011 11:43 AM

Flughafen Zürich submits building application for real estate project

Swizerland's Flughafen Zürich AG submitted (21-Oct-2011) the building application to the City of Kloten for the real estate project “The Circle”. It is a service destination location within walking distance from the terminals, adding around 200,000 sqm of floor space. “The Circle” will offer a wide range of services, including hotels, restaurants, headquarters and offices as well as conference and event facilities. The building permit is expected for 1H2012 and the beginning of construction is scheduled for 2013 if all other conditions can be met and fulfilled. If construction proceeds as planned, the first phase of the complex can start commissioning in 2017. By obtaining a legally binding permit for around 1,000 parking spaces, the proceedings for traffic and parking have already been concluded.   [more - original PR]

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