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24.03.2017

THE CIRCLE foundation stone laid

Zurich Airport’s attractiveness as a destination in its own right will be further strengthened by THE CIRCLE. The foundation stone laying ceremony on 24 March 2017 marked a real milestone in the genesis of this project.

Renowned architect Riken Yamamoto originally sketched his architectural vision of THE CIRCLE on a paper serviette. Following the laying of the foundation stone eight years later, his vision is becoming an ever more visible and tangible reality. THE CIRCLE is rising up at the best-connected location in Switzerland. Together with co-owner Swiss Life AG and further partners, and in the presence of numerous guests from the world of business and politics, today the foundation stone was laid under what will be the main square, laying the foundations for the further development of this unique location.

Andreas Schmid, Chairman of the Board of Directors of Flughafen Zürich AG, is delighted: “We are not simply adding on another building at Zurich Airport, we are strengthening it as a destination in its own right. With the THE CIRCLE we are taking off in a whole new different direction.”

Featuring attractive office space, two hotels from the Hyatt Group with adjacent Convention Centre, a medical centre run by the University Hospital of Zurich, various brand worlds, alongside spaces for art, culture, education, restaurants and cafes, THE CIRCLE represents an enrichment for the whole region, both culturally and economically. 6,500 jobs will be created over approximately 180,000 m2 of usable space.

The foundation stone ceremony also marks a milestone for the marketing of THE CIRCLE. The newly launched communication campaign invites prospective tenants to find out more about the project. Tours of the construction site will be offered from May 2017. Interested parties can also follow the progress of THE CIRCLE from day to day via a live webcam, newsletter and website: www.THECIRCLE.ch/en

THE CIRCLE is scheduled for completion by the end of 2019. The investment costs amount to around one billion Swiss francs. Flughafen Zürich AG and Swiss Life AG have formed a joint ownership company, with Flughafen Zürich AG holding a 51% stake and Swiss Life AG 49%. The implementation partner is HRS Real Estate AG.

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