Shorter construction period for new Baloise headquarters

Basel, Baloise is to build three new buildings at its headquarters in Basel by the end of 2019. The original plans, which envisaged a phased approach, have been completely revised and optimised. Construction is due to begin in the summer of 2015.

Since the initial presentation of the “Baloise Aeschengraben Replacement Buildings” project in January 2013, the project has now successfully completed all the required authorisation and planning stages. Following the positive decision by the Great Council (City of Basel) in March 2014 and the passing of the referendum and appeals deadline in mid-May 2014, the construction project can now proceed as planned and be implemented in prompt fashion.

More sustainable and quicker implementation

In contrast to the original plan, all buildings on the square plot between Aeschengraben, Nauenstrasse and Parkweg will now be demolished in a single construction phase, and then also rebuilt together. The phased construction process planned initially was revised in favour of a more efficient solution. The new plan means that both local people and Baloise employees will be affected by the dust emissions from the construction site for a much shorter period of time. The construction will thus be carried out in a safer, more environmentally friendly and, ultimately, a more cost-effective manner. The Baloise employees currently working in the premises that are to be demolished will move to a temporary location in close proximity to the headquarters during the construction period.
Construction is due to commence in the third quarter of 2015 with the demolition of the office building at Aeschengraben 25. All buildings on the site are to be demolished by the end of 2016. The Hilton intends to close its doors at the end of August 2015. The opening of the new Mövenpick Hotel is scheduled for New Year 2019.
The new plan was welcomed by the Construction and Planning Commission (BRK) and by the Great Council, as it means less air pollution for the city and because the redevelopment of an important urban location will be completed sooner.

Modern architecture transforms the cityscape

The tallest building on the site will be the tower in which the Mövenpick Hotel will welcome its guests, standing at approx. 89 metres. Architects Miller & Maranta are responsible for designing the high-rise building. Five well-known Swiss architects are currently competing to develop the site’s other two new office buildings, which will be around 34 metres and 42 metres tall respectively. The winning projects will be presented in the autumn of 2014.

Baloise itself will move around 700 employees into the new buildings. The remaining office space created at this central location, with capacity for around 1,300 office workplaces, will be leased.

Headquartered in Basel, Switzerland, the Baloise Group is a European provider of insurance and pension solutions and has positioned itself as a market player that offers an intelligent 'Safety World' prevention strategy. In Switzerland the Company operates as a focused financial services provider, offering a combination of insurance and banking services. It also has a market presence in Belgium, Germany and Luxembourg. Its distribution network includes its own sales organisation as well as brokers and other partners. The Company uses its competence centre in Luxembourg to run its business in innovative pension products for private customers throughout Europe. Bâloise Holding Ltd shares are listed in the main segment of the SIX Swiss Exchange. The Baloise Group employs some 7,400 people.