The area near the city of Zurich, the border has already caused some headlines. For many years, nothing more on the well-developed casting Area about 1 km from the railway station Stettbach station.

But now a news is providing new momentum: Recently, the betreibungsamt dübendorf has connected a display, to which many have long been waiting for: The 35’100-square-meter property is in foreclosure.

visualization of the private design plan, Giessen, Germany. The first Version of the Plan still allowed a 114-Meter-high house (please click to Enlarge). Source: city of the village of

Finally, düben, you could say. Because in 2013, a Bank had required the forced recovery of the property, because the interest rates have not been paid for a loan in the tens of millions. This desire was followed, shortly afterwards, another creditor, had granted to the owner of a two million loan. Overall, it is likely that, in the meantime, including default interest, of approximately 27 million Swiss francs. The debt enforcement office and the courts were in agreement, however, the owner of the company K-workshop, fought back with hands and feet against the forced sale. Always court initiated processes – which were mostly lost. At the same time, the K-workshop of the TA-insured, almost two years ago, that shortly a planning application for a project, and you’ll soon have Co-investors in the boat. Everything was “under excellent control”. But nothing happened.

So it comes on 29. January 2020 to 14 PM on the foreclosure of the soil in the Arvensaal of the hotel Sonnental in dübendorf. Anyone who is interested, you will need a thick wallet. The official estimate for the site amounted to 64.2 million, an everyday amount in the auctions. This is even a good 4 million more than the estimate of the Federal court of 2014. 1 Million must pay to the purchaser directly to the auction.

181 percent utilization

the price Is paid, the K-workshop good business. The company had bought the land in 2006 from the ETH. For how much is not known. It is clear, however, that the amount was much deeper than 64 million. It has been massively upgraded by a legally valid design plan on the part of the land, which is cut by the ring road and the glattal valley railway.

The volume was reduced in the second edition of the design plan, the residential share rose from 40 to 50 per cent (please click to Enlarge). Source: city of Dübendorf

On 24’800 square metres the Plan of 45’000 square meters of floor space, which corresponds to a utilization of a remarkable 181 percent. There is a Development comprising high-rise from a maximum of 85 meters height, in addition, is a residential specified share of 50 percent. The Area has its own stop of the glattal valley railway. The remaining 10’300 square meters are available as a free zone eliminated, and for a Park provided.

“The price risks associated with
for
the city of Dübendorf
too high.” the Martin Bäumle (GLP), the city Council

Whoever buys the property and what the new owner starts? This is completely open. In the question of pension funds or investors, who are groaning under the weight of negative interest rates, for example. What is clear is that the city of düben is not to strike the village. “This would be for procedural reasons, it is hardly possible,” says financial-councillor Martin Bäumle (GLP). “In addition, the price risk would be too high if you weigh opportunities and Benefits.” Bäumle should town and parish Council within a Competence for a certain maximum amount to obtain. This would be public, which the bidder would weaken the position of the city.

Martin Bäumle before the Federal court

dragged The Giessen Area, and Bäumle already several times in the focus of the Public. Against the first Version of the private design plan, at that time with a 114-metre tower, was taken by the GLP, Green, SP and EDU the 2011 Referendum.

During the vote fight Bäumle handed a journalist a debt enforcement excerpt of the K-workshop, bringing millions of claims were made public. Ultimately, the people said no, the 550-million project had died. It Bäumle was dragged into suspected violation of official Secrecy before the Swiss Federal court, where he prevailed against the owner of K-workshop.

Created: 13.11.2019, 06:57 PM