St. Gallen

New Market Migros, reconstruction / refurbishment

The Neumarkt Migros project in St. Gallen involved the comprehensive modernization of a central shopping destination to make it fit for the future. As part of a complete renovation, the Migros retail spaces and the surrounding commercial areas on the first basement level were fully refurbished.

The goal of the project was to revitalize the shopping center in order to strengthen the location sustainably and meet the requirements of a modern shopping experience. A key component of this was the tenant fit-out for Migros MMM, which optimized functional processes while enabling a contemporary design.

The targeted renovation of the spaces created an attractive, customer-oriented environment that offers clear added value for both visitors and tenants.

The renovation of the Neumarkt Migros demonstrates how existing shopping centers can be successfully redeveloped and positioned for the long term through well-planned measures.

Information

Developer

co-owner association Neumarkt 3+5 c/o Privera AG, St. Gallen Neumarkt 4: Basler Versicherung, Real Estate Division, Basel

Services rendered by HRS

Sole contractor with full cost, quality and deadline guarantee.

Architect

p-4 AG, Zug

Size

Volume 20,000 m3 Main

usable area 4,500 m2

Total costs

CHF 12 million (basic expansion)

CHF 24 million (tenant improvements at Migros)

Construction period

January 2012 - May 2014 (extension of basic construction)

July 2012 - October 2013 (tenant improvements at Migros)

Contact

HRS Real Estate AG
St. Leonhardstrasse 76
9000 St. Gallen

+41 58 122 87 00
st.gallen@hrs.ch

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