Stories that move us

Stories that move us

As the leading real estate company, we create added value and sustainable living spaces, innovatively and passionately. Our real estate investments and products set high standards and we constantly strive to create added value for our stakeholders. We are steadfastly committed to sustainability and accept responsibility for our actions, our environment and the society.

Green leases – a marathon rather than a sprint!

With its Energy Strategy 2050, the federal government has set the course for a future of reduced environmental pollution. This means that sustainability issues and ESG (environment, social, governance) will continue to grow in importance and will be increasingly embedded in individual corporate strategies.

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Stücki Park – where life sciences and business come together

Since 2017, the site in Basel known simply as «Stüggi» to the locals is being completely transformed and repositioned. A former shopping centre has been turned into an urban development for leisure, entertainment, work and – above all – research, development and knowledge transfer. The former dyeing factory on the outskirts of the city is turning into an attractive life sciences hub of national importance.

Swiss Prime Site

«Stüggi» – a site with a rich history
Swiss Prime Site acquired the former Stücki shopping centre as part of its takeover of Jelmoli in 2009. The years that followed represented a tough economic period for Switzerland, the bordering regions and the site itself. But when a resurgent Swiss franc led to an increase in cross-border shopping tourism to Germany, the question of the future look of the site was raised. In 2016, the decision was made to completely reposition the historic site in the north of Basel and make it more interesting for everyone. Swiss Prime Site had a clear vision: to make the site much more lively, attractive and exciting through additional types of use. A further goal was to use the existing technology park as the basis for establishing a life sciences cluster in the north of the city. 

Phase I – transforming the existing buildings
To achieve these goals, the project was split into two phases. The first involved repurposing the existing buildings. As part of this, the well over 30 000 m2 of retail space was resized considerably to below 10 000 m2. The former shopping centre was thus consigned to history. In the retail category, the main focus is now on meeting the needs of the surrounding neighbourhood. The newly available spaces have been complemented by a comprehensive entertainment concept (mulitplex cinema, gym, bowling alley, virtual reality centre, etc.), various food outlets, an attractive co-working space and, most recently, co-living services from Ariv. To improve accessibility and flow for the residents, visitors and the people who work on the site, the links between the individual sectors have been optimised. This was also done with an eye on the not-too-distant future: as around 4 000 jobs are expected to be created at Stücki Park by 2024, there was a need to increase connectivity at the site. Most of the changes to the existing buildings had been completed by 2020, marking the end of the first project phase. 
 

Phase II – strengthening the life sciences hub
Basel has a long history as a home for large and important pharmaceutical, chemical, biotech and medtech companies. Accordingly, the city on the Rhine is also a major location for research, development and knowledge transfer in these industries. The canton of Basel-Stadt opened its technology park on the Stücki site back in 2011. In addition to offices and other infrastructure, it offers attractive and collaborative laboratory and research spaces for innovative startups from the fields of life sciences, nanotechnology, ICT and cleantech. The construction of the technology park also planted the seeds for the «Stücki Park» life sciences hub. 

The demand for corresponding spaces has grown further in recent years. Although this is a general trend, it is especially prominent at Stücki Park. According to Wüest Partner’s Immo-Monitoring (2022/02) report, the life sciences sector has been growing at a disproportional rate for several years now. This is mainly due to changing demographics, greater health awareness in general, a higher prevalence of lifestyle diseases and digitalisation pressure in the healthcare sector. With regard to Stücki Park specifically, the technology park was no longer meeting all the requirements of some of its existing tenants. There was also a need to accommodate promising startups in the area. At the same time, more and more companies from the life sciences sector were becoming aware of the attractive site around the technology park startup incubator and wanted to set up their own spaces on it.
 

As a result of these influences, Swiss Prime Site made the decision to significantly expand the site in two construction phases (four new buildings) and double the area from 27 000 m2 to 60 000 m2. The first two new buildings – each with a surface area of 8 000 m2 – were completed at the end of 2020. One of the buildings has already been occupied by the new tenant Lonza. In another building, flexible office and meeting rooms were created that can be booked at short notice by site tenants and other users. Two additional, identical buildings are still under construction and are due to be completed in 2024. 

Stücki Park – a site with a big future
The former industrial site of the dyeing factory in the north of Basel is currently in the final phase of its transformation into a modern, technology-focused life sciences hub with great future potential. According to the Federal Statistical Office, the region is the biggest employer in this sector alongside Zurich. In Basel, around 25 000 people work in the life sciences, and the figure is increasing all the time. Along with the sector’s bright economic prospects, another key factor for Swiss Prime Site is the yield on the type of use. The fully equipped laboratory and research spaces that are currently available promise significantly higher returns compared to other types of use.  

Further strengths of Stücki Park include the diversity of the site and its broad mix of tenants, users and visitors. With the transformation of the existing buildings into entertainment, gastronomy, leisure and residential zones, the site has become an urban development that exists in harmony with the neighbourhood and the city as a whole. The new buildings have also created space in the region for urgently needed laboratory and research premises. When the keys are handed over to the remaining tenants at the end of 2024 and Stücki Park is hosting several thousand people a day, it will mark a further chapter in the site’s rich history.

Infobox Life sciences

The field of life sciences includes all research areas concerned with living organisms, their structures and their processes. The sector invests heavily in basic research, knowledge and technology. Its influence extends to a wide range of other industries, from chemistry and pharmaceuticals to production technology and through to agriculture and nutrition.

The life sciences sector has several clusters in Switzerland. It employs a large number of people in the regions of Basel, Zurich and Lake Geneva, due in part to the regional universities and educational institutions based there. Demand for real estate with research and laboratory spaces is correspondingly high. Life sciences real estate is generally divided into four types of use: research & development, production premises, pharmaceutical logistics and office premises.

Stücki Park – where life sciences and business come together

Since 2017, the site in Basel known simply as «Stüggi» to the locals is being completely transformed and repositioned. A former shopping centre has been turned into an urban development for leisure, entertainment, work and – above all – research, development and knowledge transfer. The former dyeing factory on the outskirts of the city is turning into an attractive life sciences hub of nationalimportance.

Read Story

Stücki Park – where life sciences and business come together

Since 2017, the site in Basel known simply as «Stüggi» to the locals is being completely transformed and repositioned. A former shopping centre has been turned into an urban development for leisure, entertainment, work and – above all – research, development and knowledge transfer. The former dyeing factory on the outskirts of the city is turning into an attractive life sciences hub of national importance.

Swiss Prime Site

«Stüggi» – a site with a rich history
Swiss Prime Site acquired the former Stücki shopping centre as part of its takeover of Jelmoli in 2009. The years that followed represented a tough economic period for Switzerland, the bordering regions and the site itself. But when a resurgent Swiss franc led to an increase in cross-border shopping tourism to Germany, the question of the future look of the site was raised. In 2016, the decision was made to completely reposition the historic site in the north of Basel and make it more interesting for everyone. Swiss Prime Site had a clear vision: to make the site much more lively, attractive and exciting through additional types of use. A further goal was to use the existing technology park as the basis for establishing a life sciences cluster in the north of the city. 

Phase I – transforming the existing buildings
To achieve these goals, the project was split into two phases. The first involved repurposing the existing buildings. As part of this, the well over 30 000 m2 of retail space was resized considerably to below 10 000 m2. The former shopping centre was thus consigned to history. In the retail category, the main focus is now on meeting the needs of the surrounding neighbourhood. The newly available spaces have been complemented by a comprehensive entertainment concept (mulitplex cinema, gym, bowling alley, virtual reality centre, etc.), various food outlets, an attractive co-working space and, most recently, co-living services from Ariv. To improve accessibility and flow for the residents, visitors and the people who work on the site, the links between the individual sectors have been optimised. This was also done with an eye on the not-too-distant future: as around 4 000 jobs are expected to be created at Stücki Park by 2024, there was a need to increase connectivity at the site. Most of the changes to the existing buildings had been completed by 2020, marking the end of the first project phase. 
 

Phase II – strengthening the life sciences hub
Basel has a long history as a home for large and important pharmaceutical, chemical, biotech and medtech companies. Accordingly, the city on the Rhine is also a major location for research, development and knowledge transfer in these industries. The canton of Basel-Stadt opened its technology park on the Stücki site back in 2011. In addition to offices and other infrastructure, it offers attractive and collaborative laboratory and research spaces for innovative startups from the fields of life sciences, nanotechnology, ICT and cleantech. The construction of the technology park also planted the seeds for the «Stücki Park» life sciences hub. 

The demand for corresponding spaces has grown further in recent years. Although this is a general trend, it is especially prominent at Stücki Park. According to Wüest Partner’s Immo-Monitoring (2022/02) report, the life sciences sector has been growing at a disproportional rate for several years now. This is mainly due to changing demographics, greater health awareness in general, a higher prevalence of lifestyle diseases and digitalisation pressure in the healthcare sector. With regard to Stücki Park specifically, the technology park was no longer meeting all the requirements of some of its existing tenants. There was also a need to accommodate promising startups in the area. At the same time, more and more companies from the life sciences sector were becoming aware of the attractive site around the technology park startup incubator and wanted to set up their own spaces on it.
 

As a result of these influences, Swiss Prime Site made the decision to significantly expand the site in two construction phases (four new buildings) and double the area from 27 000 m2 to 60 000 m2. The first two new buildings – each with a surface area of 8 000 m2 – were completed at the end of 2020. One of the buildings has already been occupied by the new tenant Lonza. In another building, flexible office and meeting rooms were created that can be booked at short notice by site tenants and other users. Two additional, identical buildings are still under construction and are due to be completed in 2024. 

Stücki Park – a site with a big future
The former industrial site of the dyeing factory in the north of Basel is currently in the final phase of its transformation into a modern, technology-focused life sciences hub with great future potential. According to the Federal Statistical Office, the region is the biggest employer in this sector alongside Zurich. In Basel, around 25 000 people work in the life sciences, and the figure is increasing all the time. Along with the sector’s bright economic prospects, another key factor for Swiss Prime Site is the yield on the type of use. The fully equipped laboratory and research spaces that are currently available promise significantly higher returns compared to other types of use.  

Further strengths of Stücki Park include the diversity of the site and its broad mix of tenants, users and visitors. With the transformation of the existing buildings into entertainment, gastronomy, leisure and residential zones, the site has become an urban development that exists in harmony with the neighbourhood and the city as a whole. The new buildings have also created space in the region for urgently needed laboratory and research premises. When the keys are handed over to the remaining tenants at the end of 2024 and Stücki Park is hosting several thousand people a day, it will mark a further chapter in the site’s rich history.

Infobox Life sciences

The field of life sciences includes all research areas concerned with living organisms, their structures and their processes. The sector invests heavily in basic research, knowledge and technology. Its influence extends to a wide range of other industries, from chemistry and pharmaceuticals to production technology and through to agriculture and nutrition.

The life sciences sector has several clusters in Switzerland. It employs a large number of people in the regions of Basel, Zurich and Lake Geneva, due in part to the regional universities and educational institutions based there. Demand for real estate with research and laboratory spaces is correspondingly high. Life sciences real estate is generally divided into four types of use: research & development, production premises, pharmaceutical logistics and office premises.

Decarbonisation, net zero, buildings as power plants

Innovation smooths the way for sustainable executive management at Swiss Prime Site – and is firmly entrenched in our strategy. This enables us to implement innovation as an integrated principle across all our business fields. This is more important than ever in light of our climate target of «net zero by 2040».

Read Story

Stücki Park – where life sciences and business come together

Since 2017, the site in Basel known simply as «Stüggi» to the locals is being completely transformed and repositioned. A former shopping centre has been turned into an urban development for leisure, entertainment, work and – above all – research, development and knowledge transfer. The former dyeing factory on the outskirts of the city is turning into an attractive life sciences hub of national importance.

Swiss Prime Site

«Stüggi» – a site with a rich history
Swiss Prime Site acquired the former Stücki shopping centre as part of its takeover of Jelmoli in 2009. The years that followed represented a tough economic period for Switzerland, the bordering regions and the site itself. But when a resurgent Swiss franc led to an increase in cross-border shopping tourism to Germany, the question of the future look of the site was raised. In 2016, the decision was made to completely reposition the historic site in the north of Basel and make it more interesting for everyone. Swiss Prime Site had a clear vision: to make the site much more lively, attractive and exciting through additional types of use. A further goal was to use the existing technology park as the basis for establishing a life sciences cluster in the north of the city. 

Phase I – transforming the existing buildings
To achieve these goals, the project was split into two phases. The first involved repurposing the existing buildings. As part of this, the well over 30 000 m2 of retail space was resized considerably to below 10 000 m2. The former shopping centre was thus consigned to history. In the retail category, the main focus is now on meeting the needs of the surrounding neighbourhood. The newly available spaces have been complemented by a comprehensive entertainment concept (mulitplex cinema, gym, bowling alley, virtual reality centre, etc.), various food outlets, an attractive co-working space and, most recently, co-living services from Ariv. To improve accessibility and flow for the residents, visitors and the people who work on the site, the links between the individual sectors have been optimised. This was also done with an eye on the not-too-distant future: as around 4 000 jobs are expected to be created at Stücki Park by 2024, there was a need to increase connectivity at the site. Most of the changes to the existing buildings had been completed by 2020, marking the end of the first project phase. 
 

Phase II – strengthening the life sciences hub
Basel has a long history as a home for large and important pharmaceutical, chemical, biotech and medtech companies. Accordingly, the city on the Rhine is also a major location for research, development and knowledge transfer in these industries. The canton of Basel-Stadt opened its technology park on the Stücki site back in 2011. In addition to offices and other infrastructure, it offers attractive and collaborative laboratory and research spaces for innovative startups from the fields of life sciences, nanotechnology, ICT and cleantech. The construction of the technology park also planted the seeds for the «Stücki Park» life sciences hub. 

The demand for corresponding spaces has grown further in recent years. Although this is a general trend, it is especially prominent at Stücki Park. According to Wüest Partner’s Immo-Monitoring (2022/02) report, the life sciences sector has been growing at a disproportional rate for several years now. This is mainly due to changing demographics, greater health awareness in general, a higher prevalence of lifestyle diseases and digitalisation pressure in the healthcare sector. With regard to Stücki Park specifically, the technology park was no longer meeting all the requirements of some of its existing tenants. There was also a need to accommodate promising startups in the area. At the same time, more and more companies from the life sciences sector were becoming aware of the attractive site around the technology park startup incubator and wanted to set up their own spaces on it.
 

As a result of these influences, Swiss Prime Site made the decision to significantly expand the site in two construction phases (four new buildings) and double the area from 27 000 m2 to 60 000 m2. The first two new buildings – each with a surface area of 8 000 m2 – were completed at the end of 2020. One of the buildings has already been occupied by the new tenant Lonza. In another building, flexible office and meeting rooms were created that can be booked at short notice by site tenants and other users. Two additional, identical buildings are still under construction and are due to be completed in 2024. 

Stücki Park – a site with a big future
The former industrial site of the dyeing factory in the north of Basel is currently in the final phase of its transformation into a modern, technology-focused life sciences hub with great future potential. According to the Federal Statistical Office, the region is the biggest employer in this sector alongside Zurich. In Basel, around 25 000 people work in the life sciences, and the figure is increasing all the time. Along with the sector’s bright economic prospects, another key factor for Swiss Prime Site is the yield on the type of use. The fully equipped laboratory and research spaces that are currently available promise significantly higher returns compared to other types of use.  

Further strengths of Stücki Park include the diversity of the site and its broad mix of tenants, users and visitors. With the transformation of the existing buildings into entertainment, gastronomy, leisure and residential zones, the site has become an urban development that exists in harmony with the neighbourhood and the city as a whole. The new buildings have also created space in the region for urgently needed laboratory and research premises. When the keys are handed over to the remaining tenants at the end of 2024 and Stücki Park is hosting several thousand people a day, it will mark a further chapter in the site’s rich history.

Infobox Life sciences

The field of life sciences includes all research areas concerned with living organisms, their structures and their processes. The sector invests heavily in basic research, knowledge and technology. Its influence extends to a wide range of other industries, from chemistry and pharmaceuticals to production technology and through to agriculture and nutrition.

The life sciences sector has several clusters in Switzerland. It employs a large number of people in the regions of Basel, Zurich and Lake Geneva, due in part to the regional universities and educational institutions based there. Demand for real estate with research and laboratory spaces is correspondingly high. Life sciences real estate is generally divided into four types of use: research & development, production premises, pharmaceutical logistics and office premises.

Maaglive: an oasis for working, residential living and cultural activities

The site of the former Maag Zahnräder AG near the Hardbrücke railway station was revitalised by the construction of Prime Tower, the Cubus and Diagonal annex buildings and the Platform corporate building. The buildings continue to shape the region to this day. The Maaglive project now marks the beginning of a new chapter.

Read Story

Stücki Park – where life sciences and business come together

Since 2017, the site in Basel known simply as «Stüggi» to the locals is being completely transformed and repositioned. A former shopping centre has been turned into an urban development for leisure, entertainment, work and – above all – research, development and knowledge transfer. The former dyeing factory on the outskirts of the city is turning into an attractive life sciences hub of national importance.

Swiss Prime Site

«Stüggi» – a site with a rich history
Swiss Prime Site acquired the former Stücki shopping centre as part of its takeover of Jelmoli in 2009. The years that followed represented a tough economic period for Switzerland, the bordering regions and the site itself. But when a resurgent Swiss franc led to an increase in cross-border shopping tourism to Germany, the question of the future look of the site was raised. In 2016, the decision was made to completely reposition the historic site in the north of Basel and make it more interesting for everyone. Swiss Prime Site had a clear vision: to make the site much more lively, attractive and exciting through additional types of use. A further goal was to use the existing technology park as the basis for establishing a life sciences cluster in the north of the city. 

Phase I – transforming the existing buildings
To achieve these goals, the project was split into two phases. The first involved repurposing the existing buildings. As part of this, the well over 30 000 m2 of retail space was resized considerably to below 10 000 m2. The former shopping centre was thus consigned to history. In the retail category, the main focus is now on meeting the needs of the surrounding neighbourhood. The newly available spaces have been complemented by a comprehensive entertainment concept (mulitplex cinema, gym, bowling alley, virtual reality centre, etc.), various food outlets, an attractive co-working space and, most recently, co-living services from Ariv. To improve accessibility and flow for the residents, visitors and the people who work on the site, the links between the individual sectors have been optimised. This was also done with an eye on the not-too-distant future: as around 4 000 jobs are expected to be created at Stücki Park by 2024, there was a need to increase connectivity at the site. Most of the changes to the existing buildings had been completed by 2020, marking the end of the first project phase. 
 

Phase II – strengthening the life sciences hub
Basel has a long history as a home for large and important pharmaceutical, chemical, biotech and medtech companies. Accordingly, the city on the Rhine is also a major location for research, development and knowledge transfer in these industries. The canton of Basel-Stadt opened its technology park on the Stücki site back in 2011. In addition to offices and other infrastructure, it offers attractive and collaborative laboratory and research spaces for innovative startups from the fields of life sciences, nanotechnology, ICT and cleantech. The construction of the technology park also planted the seeds for the «Stücki Park» life sciences hub. 

The demand for corresponding spaces has grown further in recent years. Although this is a general trend, it is especially prominent at Stücki Park. According to Wüest Partner’s Immo-Monitoring (2022/02) report, the life sciences sector has been growing at a disproportional rate for several years now. This is mainly due to changing demographics, greater health awareness in general, a higher prevalence of lifestyle diseases and digitalisation pressure in the healthcare sector. With regard to Stücki Park specifically, the technology park was no longer meeting all the requirements of some of its existing tenants. There was also a need to accommodate promising startups in the area. At the same time, more and more companies from the life sciences sector were becoming aware of the attractive site around the technology park startup incubator and wanted to set up their own spaces on it.
 

As a result of these influences, Swiss Prime Site made the decision to significantly expand the site in two construction phases (four new buildings) and double the area from 27 000 m2 to 60 000 m2. The first two new buildings – each with a surface area of 8 000 m2 – were completed at the end of 2020. One of the buildings has already been occupied by the new tenant Lonza. In another building, flexible office and meeting rooms were created that can be booked at short notice by site tenants and other users. Two additional, identical buildings are still under construction and are due to be completed in 2024. 

Stücki Park – a site with a big future
The former industrial site of the dyeing factory in the north of Basel is currently in the final phase of its transformation into a modern, technology-focused life sciences hub with great future potential. According to the Federal Statistical Office, the region is the biggest employer in this sector alongside Zurich. In Basel, around 25 000 people work in the life sciences, and the figure is increasing all the time. Along with the sector’s bright economic prospects, another key factor for Swiss Prime Site is the yield on the type of use. The fully equipped laboratory and research spaces that are currently available promise significantly higher returns compared to other types of use.  

Further strengths of Stücki Park include the diversity of the site and its broad mix of tenants, users and visitors. With the transformation of the existing buildings into entertainment, gastronomy, leisure and residential zones, the site has become an urban development that exists in harmony with the neighbourhood and the city as a whole. The new buildings have also created space in the region for urgently needed laboratory and research premises. When the keys are handed over to the remaining tenants at the end of 2024 and Stücki Park is hosting several thousand people a day, it will mark a further chapter in the site’s rich history.

Infobox Life sciences

The field of life sciences includes all research areas concerned with living organisms, their structures and their processes. The sector invests heavily in basic research, knowledge and technology. Its influence extends to a wide range of other industries, from chemistry and pharmaceuticals to production technology and through to agriculture and nutrition.

The life sciences sector has several clusters in Switzerland. It employs a large number of people in the regions of Basel, Zurich and Lake Geneva, due in part to the regional universities and educational institutions based there. Demand for real estate with research and laboratory spaces is correspondingly high. Life sciences real estate is generally divided into four types of use: research & development, production premises, pharmaceutical logistics and office premises.

The real estate sector in the metaverse

Tech companies are investing billions in creating the next generation of virtual worlds. As part of this, real estate companies could look to expand upon their current business models in a targeted way. Yet not everything that is technically possible is likely to lead to success.

Read Story

Stücki Park – where life sciences and business come together

Since 2017, the site in Basel known simply as «Stüggi» to the locals is being completely transformed and repositioned. A former shopping centre has been turned into an urban development for leisure, entertainment, work and – above all – research, development and knowledge transfer. The former dyeing factory on the outskirts of the city is turning into an attractive life sciences hub of national importance.

Swiss Prime Site

«Stüggi» – a site with a rich history
Swiss Prime Site acquired the former Stücki shopping centre as part of its takeover of Jelmoli in 2009. The years that followed represented a tough economic period for Switzerland, the bordering regions and the site itself. But when a resurgent Swiss franc led to an increase in cross-border shopping tourism to Germany, the question of the future look of the site was raised. In 2016, the decision was made to completely reposition the historic site in the north of Basel and make it more interesting for everyone. Swiss Prime Site had a clear vision: to make the site much more lively, attractive and exciting through additional types of use. A further goal was to use the existing technology park as the basis for establishing a life sciences cluster in the north of the city. 

Phase I – transforming the existing buildings
To achieve these goals, the project was split into two phases. The first involved repurposing the existing buildings. As part of this, the well over 30 000 m2 of retail space was resized considerably to below 10 000 m2. The former shopping centre was thus consigned to history. In the retail category, the main focus is now on meeting the needs of the surrounding neighbourhood. The newly available spaces have been complemented by a comprehensive entertainment concept (mulitplex cinema, gym, bowling alley, virtual reality centre, etc.), various food outlets, an attractive co-working space and, most recently, co-living services from Ariv. To improve accessibility and flow for the residents, visitors and the people who work on the site, the links between the individual sectors have been optimised. This was also done with an eye on the not-too-distant future: as around 4 000 jobs are expected to be created at Stücki Park by 2024, there was a need to increase connectivity at the site. Most of the changes to the existing buildings had been completed by 2020, marking the end of the first project phase. 
 

Phase II – strengthening the life sciences hub
Basel has a long history as a home for large and important pharmaceutical, chemical, biotech and medtech companies. Accordingly, the city on the Rhine is also a major location for research, development and knowledge transfer in these industries. The canton of Basel-Stadt opened its technology park on the Stücki site back in 2011. In addition to offices and other infrastructure, it offers attractive and collaborative laboratory and research spaces for innovative startups from the fields of life sciences, nanotechnology, ICT and cleantech. The construction of the technology park also planted the seeds for the «Stücki Park» life sciences hub. 

The demand for corresponding spaces has grown further in recent years. Although this is a general trend, it is especially prominent at Stücki Park. According to Wüest Partner’s Immo-Monitoring (2022/02) report, the life sciences sector has been growing at a disproportional rate for several years now. This is mainly due to changing demographics, greater health awareness in general, a higher prevalence of lifestyle diseases and digitalisation pressure in the healthcare sector. With regard to Stücki Park specifically, the technology park was no longer meeting all the requirements of some of its existing tenants. There was also a need to accommodate promising startups in the area. At the same time, more and more companies from the life sciences sector were becoming aware of the attractive site around the technology park startup incubator and wanted to set up their own spaces on it.
 

As a result of these influences, Swiss Prime Site made the decision to significantly expand the site in two construction phases (four new buildings) and double the area from 27 000 m2 to 60 000 m2. The first two new buildings – each with a surface area of 8 000 m2 – were completed at the end of 2020. One of the buildings has already been occupied by the new tenant Lonza. In another building, flexible office and meeting rooms were created that can be booked at short notice by site tenants and other users. Two additional, identical buildings are still under construction and are due to be completed in 2024. 

Stücki Park – a site with a big future
The former industrial site of the dyeing factory in the north of Basel is currently in the final phase of its transformation into a modern, technology-focused life sciences hub with great future potential. According to the Federal Statistical Office, the region is the biggest employer in this sector alongside Zurich. In Basel, around 25 000 people work in the life sciences, and the figure is increasing all the time. Along with the sector’s bright economic prospects, another key factor for Swiss Prime Site is the yield on the type of use. The fully equipped laboratory and research spaces that are currently available promise significantly higher returns compared to other types of use.  

Further strengths of Stücki Park include the diversity of the site and its broad mix of tenants, users and visitors. With the transformation of the existing buildings into entertainment, gastronomy, leisure and residential zones, the site has become an urban development that exists in harmony with the neighbourhood and the city as a whole. The new buildings have also created space in the region for urgently needed laboratory and research premises. When the keys are handed over to the remaining tenants at the end of 2024 and Stücki Park is hosting several thousand people a day, it will mark a further chapter in the site’s rich history.

Infobox Life sciences

The field of life sciences includes all research areas concerned with living organisms, their structures and their processes. The sector invests heavily in basic research, knowledge and technology. Its influence extends to a wide range of other industries, from chemistry and pharmaceuticals to production technology and through to agriculture and nutrition.

The life sciences sector has several clusters in Switzerland. It employs a large number of people in the regions of Basel, Zurich and Lake Geneva, due in part to the regional universities and educational institutions based there. Demand for real estate with research and laboratory spaces is correspondingly high. Life sciences real estate is generally divided into four types of use: research & development, production premises, pharmaceutical logistics and office premises.

Certification as a foundation for sustainable added value

We are convinced that sustainable, future-oriented governance increases the company's resilience. This particularly applies to Swiss Prime Site’s comprehensive real estate portfolio. The objective of certifying as many of the some 180 properties as possible enables the company to create a frame of reference, transparency and the foundation on which to generate ecological, economic and social added value for all stakeholders, for the long term.

Read Story

Stücki Park – where life sciences and business come together

Since 2017, the site in Basel known simply as «Stüggi» to the locals is being completely transformed and repositioned. A former shopping centre has been turned into an urban development for leisure, entertainment, work and – above all – research, development and knowledge transfer. The former dyeing factory on the outskirts of the city is turning into an attractive life sciences hub of national importance.

Swiss Prime Site

«Stüggi» – a site with a rich history
Swiss Prime Site acquired the former Stücki shopping centre as part of its takeover of Jelmoli in 2009. The years that followed represented a tough economic period for Switzerland, the bordering regions and the site itself. But when a resurgent Swiss franc led to an increase in cross-border shopping tourism to Germany, the question of the future look of the site was raised. In 2016, the decision was made to completely reposition the historic site in the north of Basel and make it more interesting for everyone. Swiss Prime Site had a clear vision: to make the site much more lively, attractive and exciting through additional types of use. A further goal was to use the existing technology park as the basis for establishing a life sciences cluster in the north of the city. 

Phase I – transforming the existing buildings
To achieve these goals, the project was split into two phases. The first involved repurposing the existing buildings. As part of this, the well over 30 000 m2 of retail space was resized considerably to below 10 000 m2. The former shopping centre was thus consigned to history. In the retail category, the main focus is now on meeting the needs of the surrounding neighbourhood. The newly available spaces have been complemented by a comprehensive entertainment concept (mulitplex cinema, gym, bowling alley, virtual reality centre, etc.), various food outlets, an attractive co-working space and, most recently, co-living services from Ariv. To improve accessibility and flow for the residents, visitors and the people who work on the site, the links between the individual sectors have been optimised. This was also done with an eye on the not-too-distant future: as around 4 000 jobs are expected to be created at Stücki Park by 2024, there was a need to increase connectivity at the site. Most of the changes to the existing buildings had been completed by 2020, marking the end of the first project phase. 
 

Phase II – strengthening the life sciences hub
Basel has a long history as a home for large and important pharmaceutical, chemical, biotech and medtech companies. Accordingly, the city on the Rhine is also a major location for research, development and knowledge transfer in these industries. The canton of Basel-Stadt opened its technology park on the Stücki site back in 2011. In addition to offices and other infrastructure, it offers attractive and collaborative laboratory and research spaces for innovative startups from the fields of life sciences, nanotechnology, ICT and cleantech. The construction of the technology park also planted the seeds for the «Stücki Park» life sciences hub. 

The demand for corresponding spaces has grown further in recent years. Although this is a general trend, it is especially prominent at Stücki Park. According to Wüest Partner’s Immo-Monitoring (2022/02) report, the life sciences sector has been growing at a disproportional rate for several years now. This is mainly due to changing demographics, greater health awareness in general, a higher prevalence of lifestyle diseases and digitalisation pressure in the healthcare sector. With regard to Stücki Park specifically, the technology park was no longer meeting all the requirements of some of its existing tenants. There was also a need to accommodate promising startups in the area. At the same time, more and more companies from the life sciences sector were becoming aware of the attractive site around the technology park startup incubator and wanted to set up their own spaces on it.
 

As a result of these influences, Swiss Prime Site made the decision to significantly expand the site in two construction phases (four new buildings) and double the area from 27 000 m2 to 60 000 m2. The first two new buildings – each with a surface area of 8 000 m2 – were completed at the end of 2020. One of the buildings has already been occupied by the new tenant Lonza. In another building, flexible office and meeting rooms were created that can be booked at short notice by site tenants and other users. Two additional, identical buildings are still under construction and are due to be completed in 2024. 

Stücki Park – a site with a big future
The former industrial site of the dyeing factory in the north of Basel is currently in the final phase of its transformation into a modern, technology-focused life sciences hub with great future potential. According to the Federal Statistical Office, the region is the biggest employer in this sector alongside Zurich. In Basel, around 25 000 people work in the life sciences, and the figure is increasing all the time. Along with the sector’s bright economic prospects, another key factor for Swiss Prime Site is the yield on the type of use. The fully equipped laboratory and research spaces that are currently available promise significantly higher returns compared to other types of use.  

Further strengths of Stücki Park include the diversity of the site and its broad mix of tenants, users and visitors. With the transformation of the existing buildings into entertainment, gastronomy, leisure and residential zones, the site has become an urban development that exists in harmony with the neighbourhood and the city as a whole. The new buildings have also created space in the region for urgently needed laboratory and research premises. When the keys are handed over to the remaining tenants at the end of 2024 and Stücki Park is hosting several thousand people a day, it will mark a further chapter in the site’s rich history.

Infobox Life sciences

The field of life sciences includes all research areas concerned with living organisms, their structures and their processes. The sector invests heavily in basic research, knowledge and technology. Its influence extends to a wide range of other industries, from chemistry and pharmaceuticals to production technology and through to agriculture and nutrition.

The life sciences sector has several clusters in Switzerland. It employs a large number of people in the regions of Basel, Zurich and Lake Geneva, due in part to the regional universities and educational institutions based there. Demand for real estate with research and laboratory spaces is correspondingly high. Life sciences real estate is generally divided into four types of use: research & development, production premises, pharmaceutical logistics and office premises.

The next stage in real estate asset management

Addition isn’t just for maths – addition can also create synergies, pool knowledge and optimise customer benefits. In early 2022, the addition of Swiss Prime Site Solutions and Akara resulted in a single company. Officially completed in mid-2022, this successful merger represents the next stage in real estate management. 

Read Story

Stücki Park – where life sciences and business come together

Since 2017, the site in Basel known simply as «Stüggi» to the locals is being completely transformed and repositioned. A former shopping centre has been turned into an urban development for leisure, entertainment, work and – above all – research, development and knowledge transfer. The former dyeing factory on the outskirts of the city is turning into an attractive life sciences hub of national importance.

Swiss Prime Site

«Stüggi» – a site with a rich history
Swiss Prime Site acquired the former Stücki shopping centre as part of its takeover of Jelmoli in 2009. The years that followed represented a tough economic period for Switzerland, the bordering regions and the site itself. But when a resurgent Swiss franc led to an increase in cross-border shopping tourism to Germany, the question of the future look of the site was raised. In 2016, the decision was made to completely reposition the historic site in the north of Basel and make it more interesting for everyone. Swiss Prime Site had a clear vision: to make the site much more lively, attractive and exciting through additional types of use. A further goal was to use the existing technology park as the basis for establishing a life sciences cluster in the north of the city. 

Phase I – transforming the existing buildings
To achieve these goals, the project was split into two phases. The first involved repurposing the existing buildings. As part of this, the well over 30 000 m2 of retail space was resized considerably to below 10 000 m2. The former shopping centre was thus consigned to history. In the retail category, the main focus is now on meeting the needs of the surrounding neighbourhood. The newly available spaces have been complemented by a comprehensive entertainment concept (mulitplex cinema, gym, bowling alley, virtual reality centre, etc.), various food outlets, an attractive co-working space and, most recently, co-living services from Ariv. To improve accessibility and flow for the residents, visitors and the people who work on the site, the links between the individual sectors have been optimised. This was also done with an eye on the not-too-distant future: as around 4 000 jobs are expected to be created at Stücki Park by 2024, there was a need to increase connectivity at the site. Most of the changes to the existing buildings had been completed by 2020, marking the end of the first project phase. 
 

Phase II – strengthening the life sciences hub
Basel has a long history as a home for large and important pharmaceutical, chemical, biotech and medtech companies. Accordingly, the city on the Rhine is also a major location for research, development and knowledge transfer in these industries. The canton of Basel-Stadt opened its technology park on the Stücki site back in 2011. In addition to offices and other infrastructure, it offers attractive and collaborative laboratory and research spaces for innovative startups from the fields of life sciences, nanotechnology, ICT and cleantech. The construction of the technology park also planted the seeds for the «Stücki Park» life sciences hub. 

The demand for corresponding spaces has grown further in recent years. Although this is a general trend, it is especially prominent at Stücki Park. According to Wüest Partner’s Immo-Monitoring (2022/02) report, the life sciences sector has been growing at a disproportional rate for several years now. This is mainly due to changing demographics, greater health awareness in general, a higher prevalence of lifestyle diseases and digitalisation pressure in the healthcare sector. With regard to Stücki Park specifically, the technology park was no longer meeting all the requirements of some of its existing tenants. There was also a need to accommodate promising startups in the area. At the same time, more and more companies from the life sciences sector were becoming aware of the attractive site around the technology park startup incubator and wanted to set up their own spaces on it.
 

As a result of these influences, Swiss Prime Site made the decision to significantly expand the site in two construction phases (four new buildings) and double the area from 27 000 m2 to 60 000 m2. The first two new buildings – each with a surface area of 8 000 m2 – were completed at the end of 2020. One of the buildings has already been occupied by the new tenant Lonza. In another building, flexible office and meeting rooms were created that can be booked at short notice by site tenants and other users. Two additional, identical buildings are still under construction and are due to be completed in 2024. 

Stücki Park – a site with a big future
The former industrial site of the dyeing factory in the north of Basel is currently in the final phase of its transformation into a modern, technology-focused life sciences hub with great future potential. According to the Federal Statistical Office, the region is the biggest employer in this sector alongside Zurich. In Basel, around 25 000 people work in the life sciences, and the figure is increasing all the time. Along with the sector’s bright economic prospects, another key factor for Swiss Prime Site is the yield on the type of use. The fully equipped laboratory and research spaces that are currently available promise significantly higher returns compared to other types of use.  

Further strengths of Stücki Park include the diversity of the site and its broad mix of tenants, users and visitors. With the transformation of the existing buildings into entertainment, gastronomy, leisure and residential zones, the site has become an urban development that exists in harmony with the neighbourhood and the city as a whole. The new buildings have also created space in the region for urgently needed laboratory and research premises. When the keys are handed over to the remaining tenants at the end of 2024 and Stücki Park is hosting several thousand people a day, it will mark a further chapter in the site’s rich history.

Infobox Life sciences

The field of life sciences includes all research areas concerned with living organisms, their structures and their processes. The sector invests heavily in basic research, knowledge and technology. Its influence extends to a wide range of other industries, from chemistry and pharmaceuticals to production technology and through to agriculture and nutrition.

The life sciences sector has several clusters in Switzerland. It employs a large number of people in the regions of Basel, Zurich and Lake Geneva, due in part to the regional universities and educational institutions based there. Demand for real estate with research and laboratory spaces is correspondingly high. Life sciences real estate is generally divided into four types of use: research & development, production premises, pharmaceutical logistics and office premises.

A new era of opportunity for sustainability

The phrase «turning point» is commonly used in various contexts at the moment. Epidemiologists, for example, are using it to refer to a new era and the considerably higher risk of pandemics. Politicians, meanwhile, are using it in the context of the war in Ukraine to describe the presumed end of a stable European order, in particular among the major powers. The expression reflects the fact that recent events have had such a profound impact that a return to any previous state of normality is no longer conceivable.

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Stücki Park – where life sciences and business come together

Since 2017, the site in Basel known simply as «Stüggi» to the locals is being completely transformed and repositioned. A former shopping centre has been turned into an urban development for leisure, entertainment, work and – above all – research, development and knowledge transfer. The former dyeing factory on the outskirts of the city is turning into an attractive life sciences hub of national importance.

Swiss Prime Site

«Stüggi» – a site with a rich history
Swiss Prime Site acquired the former Stücki shopping centre as part of its takeover of Jelmoli in 2009. The years that followed represented a tough economic period for Switzerland, the bordering regions and the site itself. But when a resurgent Swiss franc led to an increase in cross-border shopping tourism to Germany, the question of the future look of the site was raised. In 2016, the decision was made to completely reposition the historic site in the north of Basel and make it more interesting for everyone. Swiss Prime Site had a clear vision: to make the site much more lively, attractive and exciting through additional types of use. A further goal was to use the existing technology park as the basis for establishing a life sciences cluster in the north of the city. 

Phase I – transforming the existing buildings
To achieve these goals, the project was split into two phases. The first involved repurposing the existing buildings. As part of this, the well over 30 000 m2 of retail space was resized considerably to below 10 000 m2. The former shopping centre was thus consigned to history. In the retail category, the main focus is now on meeting the needs of the surrounding neighbourhood. The newly available spaces have been complemented by a comprehensive entertainment concept (mulitplex cinema, gym, bowling alley, virtual reality centre, etc.), various food outlets, an attractive co-working space and, most recently, co-living services from Ariv. To improve accessibility and flow for the residents, visitors and the people who work on the site, the links between the individual sectors have been optimised. This was also done with an eye on the not-too-distant future: as around 4 000 jobs are expected to be created at Stücki Park by 2024, there was a need to increase connectivity at the site. Most of the changes to the existing buildings had been completed by 2020, marking the end of the first project phase. 
 

Phase II – strengthening the life sciences hub
Basel has a long history as a home for large and important pharmaceutical, chemical, biotech and medtech companies. Accordingly, the city on the Rhine is also a major location for research, development and knowledge transfer in these industries. The canton of Basel-Stadt opened its technology park on the Stücki site back in 2011. In addition to offices and other infrastructure, it offers attractive and collaborative laboratory and research spaces for innovative startups from the fields of life sciences, nanotechnology, ICT and cleantech. The construction of the technology park also planted the seeds for the «Stücki Park» life sciences hub. 

The demand for corresponding spaces has grown further in recent years. Although this is a general trend, it is especially prominent at Stücki Park. According to Wüest Partner’s Immo-Monitoring (2022/02) report, the life sciences sector has been growing at a disproportional rate for several years now. This is mainly due to changing demographics, greater health awareness in general, a higher prevalence of lifestyle diseases and digitalisation pressure in the healthcare sector. With regard to Stücki Park specifically, the technology park was no longer meeting all the requirements of some of its existing tenants. There was also a need to accommodate promising startups in the area. At the same time, more and more companies from the life sciences sector were becoming aware of the attractive site around the technology park startup incubator and wanted to set up their own spaces on it.
 

As a result of these influences, Swiss Prime Site made the decision to significantly expand the site in two construction phases (four new buildings) and double the area from 27 000 m2 to 60 000 m2. The first two new buildings – each with a surface area of 8 000 m2 – were completed at the end of 2020. One of the buildings has already been occupied by the new tenant Lonza. In another building, flexible office and meeting rooms were created that can be booked at short notice by site tenants and other users. Two additional, identical buildings are still under construction and are due to be completed in 2024. 

Stücki Park – a site with a big future
The former industrial site of the dyeing factory in the north of Basel is currently in the final phase of its transformation into a modern, technology-focused life sciences hub with great future potential. According to the Federal Statistical Office, the region is the biggest employer in this sector alongside Zurich. In Basel, around 25 000 people work in the life sciences, and the figure is increasing all the time. Along with the sector’s bright economic prospects, another key factor for Swiss Prime Site is the yield on the type of use. The fully equipped laboratory and research spaces that are currently available promise significantly higher returns compared to other types of use.  

Further strengths of Stücki Park include the diversity of the site and its broad mix of tenants, users and visitors. With the transformation of the existing buildings into entertainment, gastronomy, leisure and residential zones, the site has become an urban development that exists in harmony with the neighbourhood and the city as a whole. The new buildings have also created space in the region for urgently needed laboratory and research premises. When the keys are handed over to the remaining tenants at the end of 2024 and Stücki Park is hosting several thousand people a day, it will mark a further chapter in the site’s rich history.

Infobox Life sciences

The field of life sciences includes all research areas concerned with living organisms, their structures and their processes. The sector invests heavily in basic research, knowledge and technology. Its influence extends to a wide range of other industries, from chemistry and pharmaceuticals to production technology and through to agriculture and nutrition.

The life sciences sector has several clusters in Switzerland. It employs a large number of people in the regions of Basel, Zurich and Lake Geneva, due in part to the regional universities and educational institutions based there. Demand for real estate with research and laboratory spaces is correspondingly high. Life sciences real estate is generally divided into four types of use: research & development, production premises, pharmaceutical logistics and office premises.

New Work at Swiss Prime Site

Since spring 2022, Swiss Prime Site employees have been enjoying not just a unique work location, but also new office spaces that epitomise the spirit of New Work. The return of floor space by a tenant in the Prime Tower offered the rare opportunity to move closer together and to merge and redesign two adjacent storeys.

Read Story

Stücki Park – where life sciences and business come together

Since 2017, the site in Basel known simply as «Stüggi» to the locals is being completely transformed and repositioned. A former shopping centre has been turned into an urban development for leisure, entertainment, work and – above all – research, development and knowledge transfer. The former dyeing factory on the outskirts of the city is turning into an attractive life sciences hub of national importance.

Swiss Prime Site

«Stüggi» – a site with a rich history
Swiss Prime Site acquired the former Stücki shopping centre as part of its takeover of Jelmoli in 2009. The years that followed represented a tough economic period for Switzerland, the bordering regions and the site itself. But when a resurgent Swiss franc led to an increase in cross-border shopping tourism to Germany, the question of the future look of the site was raised. In 2016, the decision was made to completely reposition the historic site in the north of Basel and make it more interesting for everyone. Swiss Prime Site had a clear vision: to make the site much more lively, attractive and exciting through additional types of use. A further goal was to use the existing technology park as the basis for establishing a life sciences cluster in the north of the city. 

Phase I – transforming the existing buildings
To achieve these goals, the project was split into two phases. The first involved repurposing the existing buildings. As part of this, the well over 30 000 m2 of retail space was resized considerably to below 10 000 m2. The former shopping centre was thus consigned to history. In the retail category, the main focus is now on meeting the needs of the surrounding neighbourhood. The newly available spaces have been complemented by a comprehensive entertainment concept (mulitplex cinema, gym, bowling alley, virtual reality centre, etc.), various food outlets, an attractive co-working space and, most recently, co-living services from Ariv. To improve accessibility and flow for the residents, visitors and the people who work on the site, the links between the individual sectors have been optimised. This was also done with an eye on the not-too-distant future: as around 4 000 jobs are expected to be created at Stücki Park by 2024, there was a need to increase connectivity at the site. Most of the changes to the existing buildings had been completed by 2020, marking the end of the first project phase. 
 

Phase II – strengthening the life sciences hub
Basel has a long history as a home for large and important pharmaceutical, chemical, biotech and medtech companies. Accordingly, the city on the Rhine is also a major location for research, development and knowledge transfer in these industries. The canton of Basel-Stadt opened its technology park on the Stücki site back in 2011. In addition to offices and other infrastructure, it offers attractive and collaborative laboratory and research spaces for innovative startups from the fields of life sciences, nanotechnology, ICT and cleantech. The construction of the technology park also planted the seeds for the «Stücki Park» life sciences hub. 

The demand for corresponding spaces has grown further in recent years. Although this is a general trend, it is especially prominent at Stücki Park. According to Wüest Partner’s Immo-Monitoring (2022/02) report, the life sciences sector has been growing at a disproportional rate for several years now. This is mainly due to changing demographics, greater health awareness in general, a higher prevalence of lifestyle diseases and digitalisation pressure in the healthcare sector. With regard to Stücki Park specifically, the technology park was no longer meeting all the requirements of some of its existing tenants. There was also a need to accommodate promising startups in the area. At the same time, more and more companies from the life sciences sector were becoming aware of the attractive site around the technology park startup incubator and wanted to set up their own spaces on it.
 

As a result of these influences, Swiss Prime Site made the decision to significantly expand the site in two construction phases (four new buildings) and double the area from 27 000 m2 to 60 000 m2. The first two new buildings – each with a surface area of 8 000 m2 – were completed at the end of 2020. One of the buildings has already been occupied by the new tenant Lonza. In another building, flexible office and meeting rooms were created that can be booked at short notice by site tenants and other users. Two additional, identical buildings are still under construction and are due to be completed in 2024. 

Stücki Park – a site with a big future
The former industrial site of the dyeing factory in the north of Basel is currently in the final phase of its transformation into a modern, technology-focused life sciences hub with great future potential. According to the Federal Statistical Office, the region is the biggest employer in this sector alongside Zurich. In Basel, around 25 000 people work in the life sciences, and the figure is increasing all the time. Along with the sector’s bright economic prospects, another key factor for Swiss Prime Site is the yield on the type of use. The fully equipped laboratory and research spaces that are currently available promise significantly higher returns compared to other types of use.  

Further strengths of Stücki Park include the diversity of the site and its broad mix of tenants, users and visitors. With the transformation of the existing buildings into entertainment, gastronomy, leisure and residential zones, the site has become an urban development that exists in harmony with the neighbourhood and the city as a whole. The new buildings have also created space in the region for urgently needed laboratory and research premises. When the keys are handed over to the remaining tenants at the end of 2024 and Stücki Park is hosting several thousand people a day, it will mark a further chapter in the site’s rich history.

Infobox Life sciences

The field of life sciences includes all research areas concerned with living organisms, their structures and their processes. The sector invests heavily in basic research, knowledge and technology. Its influence extends to a wide range of other industries, from chemistry and pharmaceuticals to production technology and through to agriculture and nutrition.

The life sciences sector has several clusters in Switzerland. It employs a large number of people in the regions of Basel, Zurich and Lake Geneva, due in part to the regional universities and educational institutions based there. Demand for real estate with research and laboratory spaces is correspondingly high. Life sciences real estate is generally divided into four types of use: research & development, production premises, pharmaceutical logistics and office premises.

Stücki Park – where life sciences and business come together

Since 2017, the site in Basel known simply as «Stüggi» to the locals is being completely transformed and repositioned. A former shopping centre has been turned into an urban development for leisure, entertainment, work and – above all – research, development and knowledge transfer. The former dyeing factory on the outskirts of the city is turning into an attractive life sciences hub of national importance.

Swiss Prime Site

«Stüggi» – a site with a rich history
Swiss Prime Site acquired the former Stücki shopping centre as part of its takeover of Jelmoli in 2009. The years that followed represented a tough economic period for Switzerland, the bordering regions and the site itself. But when a resurgent Swiss franc led to an increase in cross-border shopping tourism to Germany, the question of the future look of the site was raised. In 2016, the decision was made to completely reposition the historic site in the north of Basel and make it more interesting for everyone. Swiss Prime Site had a clear vision: to make the site much more lively, attractive and exciting through additional types of use. A further goal was to use the existing technology park as the basis for establishing a life sciences cluster in the north of the city. 

Phase I – transforming the existing buildings
To achieve these goals, the project was split into two phases. The first involved repurposing the existing buildings. As part of this, the well over 30 000 m2 of retail space was resized considerably to below 10 000 m2. The former shopping centre was thus consigned to history. In the retail category, the main focus is now on meeting the needs of the surrounding neighbourhood. The newly available spaces have been complemented by a comprehensive entertainment concept (mulitplex cinema, gym, bowling alley, virtual reality centre, etc.), various food outlets, an attractive co-working space and, most recently, co-living services from Ariv. To improve accessibility and flow for the residents, visitors and the people who work on the site, the links between the individual sectors have been optimised. This was also done with an eye on the not-too-distant future: as around 4 000 jobs are expected to be created at Stücki Park by 2024, there was a need to increase connectivity at the site. Most of the changes to the existing buildings had been completed by 2020, marking the end of the first project phase. 
 

Phase II – strengthening the life sciences hub
Basel has a long history as a home for large and important pharmaceutical, chemical, biotech and medtech companies. Accordingly, the city on the Rhine is also a major location for research, development and knowledge transfer in these industries. The canton of Basel-Stadt opened its technology park on the Stücki site back in 2011. In addition to offices and other infrastructure, it offers attractive and collaborative laboratory and research spaces for innovative startups from the fields of life sciences, nanotechnology, ICT and cleantech. The construction of the technology park also planted the seeds for the «Stücki Park» life sciences hub. 

The demand for corresponding spaces has grown further in recent years. Although this is a general trend, it is especially prominent at Stücki Park. According to Wüest Partner’s Immo-Monitoring (2022/02) report, the life sciences sector has been growing at a disproportional rate for several years now. This is mainly due to changing demographics, greater health awareness in general, a higher prevalence of lifestyle diseases and digitalisation pressure in the healthcare sector. With regard to Stücki Park specifically, the technology park was no longer meeting all the requirements of some of its existing tenants. There was also a need to accommodate promising startups in the area. At the same time, more and more companies from the life sciences sector were becoming aware of the attractive site around the technology park startup incubator and wanted to set up their own spaces on it.
 

As a result of these influences, Swiss Prime Site made the decision to significantly expand the site in two construction phases (four new buildings) and double the area from 27 000 m2 to 60 000 m2. The first two new buildings – each with a surface area of 8 000 m2 – were completed at the end of 2020. One of the buildings has already been occupied by the new tenant Lonza. In another building, flexible office and meeting rooms were created that can be booked at short notice by site tenants and other users. Two additional, identical buildings are still under construction and are due to be completed in 2024. 

Stücki Park – a site with a big future
The former industrial site of the dyeing factory in the north of Basel is currently in the final phase of its transformation into a modern, technology-focused life sciences hub with great future potential. According to the Federal Statistical Office, the region is the biggest employer in this sector alongside Zurich. In Basel, around 25 000 people work in the life sciences, and the figure is increasing all the time. Along with the sector’s bright economic prospects, another key factor for Swiss Prime Site is the yield on the type of use. The fully equipped laboratory and research spaces that are currently available promise significantly higher returns compared to other types of use.  

Further strengths of Stücki Park include the diversity of the site and its broad mix of tenants, users and visitors. With the transformation of the existing buildings into entertainment, gastronomy, leisure and residential zones, the site has become an urban development that exists in harmony with the neighbourhood and the city as a whole. The new buildings have also created space in the region for urgently needed laboratory and research premises. When the keys are handed over to the remaining tenants at the end of 2024 and Stücki Park is hosting several thousand people a day, it will mark a further chapter in the site’s rich history.

Infobox Life sciences

The field of life sciences includes all research areas concerned with living organisms, their structures and their processes. The sector invests heavily in basic research, knowledge and technology. Its influence extends to a wide range of other industries, from chemistry and pharmaceuticals to production technology and through to agriculture and nutrition.

The life sciences sector has several clusters in Switzerland. It employs a large number of people in the regions of Basel, Zurich and Lake Geneva, due in part to the regional universities and educational institutions based there. Demand for real estate with research and laboratory spaces is correspondingly high. Life sciences real estate is generally divided into four types of use: research & development, production premises, pharmaceutical logistics and office premises.

Stücki Park – where life sciences and business come together

Since 2017, the site in Basel known simply as «Stüggi» to the locals is being completely transformed and repositioned. A former shopping centre has been turned into an urban development for leisure, entertainment, work and – above all – research, development and knowledge transfer. The former dyeing factory on the outskirts of the city is turning into an attractive life sciences hub of national importance.

Swiss Prime Site

«Stüggi» – a site with a rich history
Swiss Prime Site acquired the former Stücki shopping centre as part of its takeover of Jelmoli in 2009. The years that followed represented a tough economic period for Switzerland, the bordering regions and the site itself. But when a resurgent Swiss franc led to an increase in cross-border shopping tourism to Germany, the question of the future look of the site was raised. In 2016, the decision was made to completely reposition the historic site in the north of Basel and make it more interesting for everyone. Swiss Prime Site had a clear vision: to make the site much more lively, attractive and exciting through additional types of use. A further goal was to use the existing technology park as the basis for establishing a life sciences cluster in the north of the city. 

Phase I – transforming the existing buildings
To achieve these goals, the project was split into two phases. The first involved repurposing the existing buildings. As part of this, the well over 30 000 m2 of retail space was resized considerably to below 10 000 m2. The former shopping centre was thus consigned to history. In the retail category, the main focus is now on meeting the needs of the surrounding neighbourhood. The newly available spaces have been complemented by a comprehensive entertainment concept (mulitplex cinema, gym, bowling alley, virtual reality centre, etc.), various food outlets, an attractive co-working space and, most recently, co-living services from Ariv. To improve accessibility and flow for the residents, visitors and the people who work on the site, the links between the individual sectors have been optimised. This was also done with an eye on the not-too-distant future: as around 4 000 jobs are expected to be created at Stücki Park by 2024, there was a need to increase connectivity at the site. Most of the changes to the existing buildings had been completed by 2020, marking the end of the first project phase. 
 

Phase II – strengthening the life sciences hub
Basel has a long history as a home for large and important pharmaceutical, chemical, biotech and medtech companies. Accordingly, the city on the Rhine is also a major location for research, development and knowledge transfer in these industries. The canton of Basel-Stadt opened its technology park on the Stücki site back in 2011. In addition to offices and other infrastructure, it offers attractive and collaborative laboratory and research spaces for innovative startups from the fields of life sciences, nanotechnology, ICT and cleantech. The construction of the technology park also planted the seeds for the «Stücki Park» life sciences hub. 

The demand for corresponding spaces has grown further in recent years. Although this is a general trend, it is especially prominent at Stücki Park. According to Wüest Partner’s Immo-Monitoring (2022/02) report, the life sciences sector has been growing at a disproportional rate for several years now. This is mainly due to changing demographics, greater health awareness in general, a higher prevalence of lifestyle diseases and digitalisation pressure in the healthcare sector. With regard to Stücki Park specifically, the technology park was no longer meeting all the requirements of some of its existing tenants. There was also a need to accommodate promising startups in the area. At the same time, more and more companies from the life sciences sector were becoming aware of the attractive site around the technology park startup incubator and wanted to set up their own spaces on it.
 

As a result of these influences, Swiss Prime Site made the decision to significantly expand the site in two construction phases (four new buildings) and double the area from 27 000 m2 to 60 000 m2. The first two new buildings – each with a surface area of 8 000 m2 – were completed at the end of 2020. One of the buildings has already been occupied by the new tenant Lonza. In another building, flexible office and meeting rooms were created that can be booked at short notice by site tenants and other users. Two additional, identical buildings are still under construction and are due to be completed in 2024. 

Stücki Park – a site with a big future
The former industrial site of the dyeing factory in the north of Basel is currently in the final phase of its transformation into a modern, technology-focused life sciences hub with great future potential. According to the Federal Statistical Office, the region is the biggest employer in this sector alongside Zurich. In Basel, around 25 000 people work in the life sciences, and the figure is increasing all the time. Along with the sector’s bright economic prospects, another key factor for Swiss Prime Site is the yield on the type of use. The fully equipped laboratory and research spaces that are currently available promise significantly higher returns compared to other types of use.  

Further strengths of Stücki Park include the diversity of the site and its broad mix of tenants, users and visitors. With the transformation of the existing buildings into entertainment, gastronomy, leisure and residential zones, the site has become an urban development that exists in harmony with the neighbourhood and the city as a whole. The new buildings have also created space in the region for urgently needed laboratory and research premises. When the keys are handed over to the remaining tenants at the end of 2024 and Stücki Park is hosting several thousand people a day, it will mark a further chapter in the site’s rich history.

Infobox Life sciences

The field of life sciences includes all research areas concerned with living organisms, their structures and their processes. The sector invests heavily in basic research, knowledge and technology. Its influence extends to a wide range of other industries, from chemistry and pharmaceuticals to production technology and through to agriculture and nutrition.

The life sciences sector has several clusters in Switzerland. It employs a large number of people in the regions of Basel, Zurich and Lake Geneva, due in part to the regional universities and educational institutions based there. Demand for real estate with research and laboratory spaces is correspondingly high. Life sciences real estate is generally divided into four types of use: research & development, production premises, pharmaceutical logistics and office premises.

Stücki Park – where life sciences and business come together

Since 2017, the site in Basel known simply as «Stüggi» to the locals is being completely transformed and repositioned. A former shopping centre has been turned into an urban development for leisure, entertainment, work and – above all – research, development and knowledge transfer. The former dyeing factory on the outskirts of the city is turning into an attractive life sciences hub of national importance.

Swiss Prime Site

«Stüggi» – a site with a rich history
Swiss Prime Site acquired the former Stücki shopping centre as part of its takeover of Jelmoli in 2009. The years that followed represented a tough economic period for Switzerland, the bordering regions and the site itself. But when a resurgent Swiss franc led to an increase in cross-border shopping tourism to Germany, the question of the future look of the site was raised. In 2016, the decision was made to completely reposition the historic site in the north of Basel and make it more interesting for everyone. Swiss Prime Site had a clear vision: to make the site much more lively, attractive and exciting through additional types of use. A further goal was to use the existing technology park as the basis for establishing a life sciences cluster in the north of the city. 

Phase I – transforming the existing buildings
To achieve these goals, the project was split into two phases. The first involved repurposing the existing buildings. As part of this, the well over 30 000 m2 of retail space was resized considerably to below 10 000 m2. The former shopping centre was thus consigned to history. In the retail category, the main focus is now on meeting the needs of the surrounding neighbourhood. The newly available spaces have been complemented by a comprehensive entertainment concept (mulitplex cinema, gym, bowling alley, virtual reality centre, etc.), various food outlets, an attractive co-working space and, most recently, co-living services from Ariv. To improve accessibility and flow for the residents, visitors and the people who work on the site, the links between the individual sectors have been optimised. This was also done with an eye on the not-too-distant future: as around 4 000 jobs are expected to be created at Stücki Park by 2024, there was a need to increase connectivity at the site. Most of the changes to the existing buildings had been completed by 2020, marking the end of the first project phase. 
 

Phase II – strengthening the life sciences hub
Basel has a long history as a home for large and important pharmaceutical, chemical, biotech and medtech companies. Accordingly, the city on the Rhine is also a major location for research, development and knowledge transfer in these industries. The canton of Basel-Stadt opened its technology park on the Stücki site back in 2011. In addition to offices and other infrastructure, it offers attractive and collaborative laboratory and research spaces for innovative startups from the fields of life sciences, nanotechnology, ICT and cleantech. The construction of the technology park also planted the seeds for the «Stücki Park» life sciences hub. 

The demand for corresponding spaces has grown further in recent years. Although this is a general trend, it is especially prominent at Stücki Park. According to Wüest Partner’s Immo-Monitoring (2022/02) report, the life sciences sector has been growing at a disproportional rate for several years now. This is mainly due to changing demographics, greater health awareness in general, a higher prevalence of lifestyle diseases and digitalisation pressure in the healthcare sector. With regard to Stücki Park specifically, the technology park was no longer meeting all the requirements of some of its existing tenants. There was also a need to accommodate promising startups in the area. At the same time, more and more companies from the life sciences sector were becoming aware of the attractive site around the technology park startup incubator and wanted to set up their own spaces on it.
 

As a result of these influences, Swiss Prime Site made the decision to significantly expand the site in two construction phases (four new buildings) and double the area from 27 000 m2 to 60 000 m2. The first two new buildings – each with a surface area of 8 000 m2 – were completed at the end of 2020. One of the buildings has already been occupied by the new tenant Lonza. In another building, flexible office and meeting rooms were created that can be booked at short notice by site tenants and other users. Two additional, identical buildings are still under construction and are due to be completed in 2024. 

Stücki Park – a site with a big future
The former industrial site of the dyeing factory in the north of Basel is currently in the final phase of its transformation into a modern, technology-focused life sciences hub with great future potential. According to the Federal Statistical Office, the region is the biggest employer in this sector alongside Zurich. In Basel, around 25 000 people work in the life sciences, and the figure is increasing all the time. Along with the sector’s bright economic prospects, another key factor for Swiss Prime Site is the yield on the type of use. The fully equipped laboratory and research spaces that are currently available promise significantly higher returns compared to other types of use.  

Further strengths of Stücki Park include the diversity of the site and its broad mix of tenants, users and visitors. With the transformation of the existing buildings into entertainment, gastronomy, leisure and residential zones, the site has become an urban development that exists in harmony with the neighbourhood and the city as a whole. The new buildings have also created space in the region for urgently needed laboratory and research premises. When the keys are handed over to the remaining tenants at the end of 2024 and Stücki Park is hosting several thousand people a day, it will mark a further chapter in the site’s rich history.

Infobox Life sciences

The field of life sciences includes all research areas concerned with living organisms, their structures and their processes. The sector invests heavily in basic research, knowledge and technology. Its influence extends to a wide range of other industries, from chemistry and pharmaceuticals to production technology and through to agriculture and nutrition.

The life sciences sector has several clusters in Switzerland. It employs a large number of people in the regions of Basel, Zurich and Lake Geneva, due in part to the regional universities and educational institutions based there. Demand for real estate with research and laboratory spaces is correspondingly high. Life sciences real estate is generally divided into four types of use: research & development, production premises, pharmaceutical logistics and office premises.

Stücki Park – where life sciences and business come together

Since 2017, the site in Basel known simply as «Stüggi» to the locals is being completely transformed and repositioned. A former shopping centre has been turned into an urban development for leisure, entertainment, work and – above all – research, development and knowledge transfer. The former dyeing factory on the outskirts of the city is turning into an attractive life sciences hub of national importance.

Swiss Prime Site

«Stüggi» – a site with a rich history
Swiss Prime Site acquired the former Stücki shopping centre as part of its takeover of Jelmoli in 2009. The years that followed represented a tough economic period for Switzerland, the bordering regions and the site itself. But when a resurgent Swiss franc led to an increase in cross-border shopping tourism to Germany, the question of the future look of the site was raised. In 2016, the decision was made to completely reposition the historic site in the north of Basel and make it more interesting for everyone. Swiss Prime Site had a clear vision: to make the site much more lively, attractive and exciting through additional types of use. A further goal was to use the existing technology park as the basis for establishing a life sciences cluster in the north of the city. 

Phase I – transforming the existing buildings
To achieve these goals, the project was split into two phases. The first involved repurposing the existing buildings. As part of this, the well over 30 000 m2 of retail space was resized considerably to below 10 000 m2. The former shopping centre was thus consigned to history. In the retail category, the main focus is now on meeting the needs of the surrounding neighbourhood. The newly available spaces have been complemented by a comprehensive entertainment concept (mulitplex cinema, gym, bowling alley, virtual reality centre, etc.), various food outlets, an attractive co-working space and, most recently, co-living services from Ariv. To improve accessibility and flow for the residents, visitors and the people who work on the site, the links between the individual sectors have been optimised. This was also done with an eye on the not-too-distant future: as around 4 000 jobs are expected to be created at Stücki Park by 2024, there was a need to increase connectivity at the site. Most of the changes to the existing buildings had been completed by 2020, marking the end of the first project phase. 
 

Phase II – strengthening the life sciences hub
Basel has a long history as a home for large and important pharmaceutical, chemical, biotech and medtech companies. Accordingly, the city on the Rhine is also a major location for research, development and knowledge transfer in these industries. The canton of Basel-Stadt opened its technology park on the Stücki site back in 2011. In addition to offices and other infrastructure, it offers attractive and collaborative laboratory and research spaces for innovative startups from the fields of life sciences, nanotechnology, ICT and cleantech. The construction of the technology park also planted the seeds for the «Stücki Park» life sciences hub. 

The demand for corresponding spaces has grown further in recent years. Although this is a general trend, it is especially prominent at Stücki Park. According to Wüest Partner’s Immo-Monitoring (2022/02) report, the life sciences sector has been growing at a disproportional rate for several years now. This is mainly due to changing demographics, greater health awareness in general, a higher prevalence of lifestyle diseases and digitalisation pressure in the healthcare sector. With regard to Stücki Park specifically, the technology park was no longer meeting all the requirements of some of its existing tenants. There was also a need to accommodate promising startups in the area. At the same time, more and more companies from the life sciences sector were becoming aware of the attractive site around the technology park startup incubator and wanted to set up their own spaces on it.
 

As a result of these influences, Swiss Prime Site made the decision to significantly expand the site in two construction phases (four new buildings) and double the area from 27 000 m2 to 60 000 m2. The first two new buildings – each with a surface area of 8 000 m2 – were completed at the end of 2020. One of the buildings has already been occupied by the new tenant Lonza. In another building, flexible office and meeting rooms were created that can be booked at short notice by site tenants and other users. Two additional, identical buildings are still under construction and are due to be completed in 2024. 

Stücki Park – a site with a big future
The former industrial site of the dyeing factory in the north of Basel is currently in the final phase of its transformation into a modern, technology-focused life sciences hub with great future potential. According to the Federal Statistical Office, the region is the biggest employer in this sector alongside Zurich. In Basel, around 25 000 people work in the life sciences, and the figure is increasing all the time. Along with the sector’s bright economic prospects, another key factor for Swiss Prime Site is the yield on the type of use. The fully equipped laboratory and research spaces that are currently available promise significantly higher returns compared to other types of use.  

Further strengths of Stücki Park include the diversity of the site and its broad mix of tenants, users and visitors. With the transformation of the existing buildings into entertainment, gastronomy, leisure and residential zones, the site has become an urban development that exists in harmony with the neighbourhood and the city as a whole. The new buildings have also created space in the region for urgently needed laboratory and research premises. When the keys are handed over to the remaining tenants at the end of 2024 and Stücki Park is hosting several thousand people a day, it will mark a further chapter in the site’s rich history.

Infobox Life sciences

The field of life sciences includes all research areas concerned with living organisms, their structures and their processes. The sector invests heavily in basic research, knowledge and technology. Its influence extends to a wide range of other industries, from chemistry and pharmaceuticals to production technology and through to agriculture and nutrition.

The life sciences sector has several clusters in Switzerland. It employs a large number of people in the regions of Basel, Zurich and Lake Geneva, due in part to the regional universities and educational institutions based there. Demand for real estate with research and laboratory spaces is correspondingly high. Life sciences real estate is generally divided into four types of use: research & development, production premises, pharmaceutical logistics and office premises.