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Entry from 02.02.24

Jelmoli remains important sales area

The Jelmoli building will remain one of the largest retail spaces in Zurich’s city center in the future. This is clear from the planning application submitted by real estate company and owner Swiss Prime Site (SPS).

The planned conversion of the Jelmoli building

Everyone has heard it by now. The traditional Zurich department store Jelmoli is being transformed. In a year’s time, the renowned Jelmoli department store in Zurich will close its doors to make way for an extensive refurbishment. However, the extent of the change was previously unknown. The plans, which recently became known through a planning application, now predict an innovative redesign of the building by Swiss Prime Site (SPS), which owns both the department store and the property.

The conversion, which will cost around CHF 130 million and is expected to take around two and a half years, envisages a drastic change of use. The lower floors will remain retail space, while offices will be created on the upper floors. Atriums will be installed to provide more daylight for the office space. The planned opening of the top floor with a restaurant and a spacious, green terrace is particularly exciting for the people of Zurich. In addition, the external structure of the building will remain largely unchanged. And the characteristic Jelmoli lettering will also be retained.

You can find the detailed NZZ article here: https://www.nzz.ch/wirtschaft/jelmoli-baugesuch-zeigt-was-die-immobilieneigentuemerin-swiss-prime-site-mit-der-warenhaus-immobilie-plant-ld.1775347