Riva Paradiso 3, 20, Paradiso

Du Lac

The total of five plots of land are situated directly on the lake shore in a location roughly 1.5 kilometres from the historic old city centre of Lugano. The plot on the lake side is the site of the former «Hotel du Lac», which closed down operations already in 2011. On the mountain side of the lake separated by the Seestrasse stands a villa without any retainable structure. Both buildings will be demolished within the course of the new construction project. Swiss Prime Site Immobilien and Tertianum Group will develop the site to create exclusive accommodation for senior residents, with a comprehensive range of services. Two new buildings will be constructed (on the mountain side and the lake side) comprising a total of 60 apartments and a geriatric care facility with 40 beds. The lakeside building will offer high-end apartments with views of the lake. This building will also house a restaurant with its own terrace, various meeting areas, the reception and a wellness area. The mountain-side building will house the geriatric care centre, additional apartments, a doctor’s practice and underground car park. The two buildings will be linked by a subterranean corridor. The completion date is planned for the autumn 2021.

51

approx. m CHF

Investment volume

2019–2021

New construction

3 086

Land area

8 250

Utilised floor space

Southern SwitzerlandProperties under construction and development sitessole ownership, partial land leaseResidential (assisted living)
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